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Property Taxes �& �Washington County

WASHINGTON COUNTY

ASSESSOR

RUSSELL HILL

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Agenda

WHAT DO PROPERTY TAXES FUND

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COST OF SERVICES

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PROTECTED GROUPS

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WHO OWNS WHAT

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OPERATING REVENUE �PER PUPIL / PER YEAR�$11,065 - $15,520

ARKANSAS PUBLIC SCHOOL RESOURCE CENTER

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NON-HOMESTEAD �PROPERTIES�72,033 PARCELS (60%)��PAID BY OWNERS� $199,786,584�

TOTAL PARCELS

120,400

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TOTAL PROPERTY TAXES BY OWNERS

$295,432,896

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HOMESTEAD PROPERTY�48,367 PARCELS (40%)��PAID BY OWNERS� $95,646,312��PAID BY THE STATE�$31,269,056

TOTAL PARCELS

120,400

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TOTAL PROPERTY TAXES BY OWNERS

$295,432,896

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TOTAL TAXES PAID

$326,701,952

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HOW DO WE REPLACE IT?

SALES TAX

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INCOME TAX

FEES

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THE LOCALE FAYETTEVILLE�$425,739�CHICAGO, IL��

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THE ATMOSPHERE

$541,600

CHICAGO, IL

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THE YOUNION�$673,042�AUSTIN, TX�

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COLLEGE PARK

FRISCO

$560,233

NEWTOWN SQUARE, PA

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THE MARSHALL�$628,010�CHICAGO, IL �

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UPTOWN

$516,533

HOUSTON, TX

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THE COTTAGES�$731,926�HILLSDALE, IL�

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HILL PLACE

$665,398

NEW YORK

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PROTECTED

SENIORS AGE 65 AND UP

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THOSE ON DISABILITY

FARMERS

DISABLED VETERANS

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�IS MY PROPERTY ACTUALLY MINE?

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Presentation Title

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S SELL

L LEASE

U USE

G GIVE

E ENTER/EXIT

R REFUSE

THE OWNERS BUNDLE OF RIGHTS

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Presentation Title

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P POLICE POWER

E EMINENT DOMAIN

T TAXATION

E ESCHEAT

GOVERNMENT POWERS

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�You own the property, but government retains certain powers over it—including�� TAXATION, REGULATION, and EMINENT DOMAIN.

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Thank you

Assessor Russell Hill

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479-530-6556

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