If you own a home or land in Logan County, it is important for you to use the Tax Calculator to see how much the construction nickel tax will cost. You may actually be surprised at how little it is per month.
Enter the PVA tax assessed value, not the full appraised value or sale price. You can get this information from your tax bill, from the PVA office, or from the link at the bottom of this page.
How much does this cost a typical homeowner? The PVA taxable value of your home could be as low as 20% of the appraised sales price. Farms are often assessed at a much lower rate. Whether you own land or a home, the rate is the same. Here are some scenarios:
PVA Assessed Value: $50,000
Total yearly increase: $29.50
Amount per month: $2.46
Per day: $0.08 (8 cents)
PVA Assessed Value: $75,000
Total yearly increase: $44.25
Amount per month: $3.69
Per day: $0.12 (12 cents)
PVA Assessed Value: $100,000
Total yearly increase: $59
Amount per month: $4.92
Per day: $0.16 (16 cents)
PVA Assessed Value: $125,000
Total yearly increase: $73.75
Amount per month: $6.15
Per Day: $0.20 (20 cents)
PVA Assessed Value: $150,000
Total yearly increase: $88.50
Amount per month: $7.38
Per Day: $0.24 (24 cents)
PVA Assessed Value: $175,000
Total yearly increase: $103.25
Amount per month: $8.60
Per Day: $0.28 (28 cents)
PVA Assessed Value: $200,000
Total yearly increase: $118
Amount per month: $9.83
Per day: $0.32 (32 cents)
It is important to look at your tax bill to find out exactly what your taxable value is. You can get this information from the PVA office, or view up to ten records for a small fee at the Logan County PVA website.