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Take your total property tax rate and multiply it by the value of the property you are dealing with. The answer you get is the amount of money you owe in property tax. 1  Don't forget that, to multiply a percentage, you must either first change the percentage back to its decimal form or else divide your answer by 100. 2  In our example, our total property tax rate is 6% and our property is worth $664,000.
The complete list of all assessed value in the county is known as the âAssessment Rollâ. This list is provided to the Auditor-Controller for further processing. The Auditor-Controller calculates the amount of property tax by applying the 1% tax rate and voter approved bond rates to the assessed value of the property. Direct charges are then added to the parcels to obtain the total tax due. This information is forwarded to the Treasurer-Tax Collector for billing and collection.