The annual assessment amount is calculated by multiplying the 100% assessed value of a key parcel obtained from the Montgomery County Auditor’s records (effective February 26, 2014) by the following rates:
1. District A (Central Business District) rate is 0.0348%
2. District B (outside District A, less exempt areas) rate is 0.049%
The above rates were derived by dividing the total estimated costs for each district by the total 100% assessed value of the district.