Property taxes are utilized by multiple units of local government for revenue. The City of DeKalb is one of approximately 10 units of local government that comprise the typical resident’s overall property tax bill. For property taxes due in 2015, the City of DeKalb accounted for approximately 8% of the overall property tax bill. As separate, independent units of government, the City has no control over the other components of a resident’s property tax bill.
One common question regarding property taxes concerns how are property taxes calculated? The calculation of property taxes is a multi-step process that involves four distinct areas: