Each year, on or before October 15, the county board of equalization levies the necessary taxes, within the limits of the law, for operation of all functions of county government, school districts, cities, community colleges, natural resource districts, and other local authorities. The tax rates for these various local government taxing subdivisions are determined by dividing the subdivision's annual budget tax request by the current total taxable value within their boundaries. The tax rates are expressed as a percent of $100 dollars of taxable value.

Property taxes are determined by multiplying the property’s taxable value by the total consolidated tax rate for the tax district in which the property is located. The tax district is comprised of various governing bodies empowered to levy property taxes for services, such as county government, school district, city, etc. The county assessor is not responsible for establishing tax rates or collection of taxes.

No. Federal agencies are typically exempt from property tax unless otherwise specified under federal law. In this case, federal law explicitly allows for State or political subdivisions to tax property that is acquired or held by the Department of Veterans Affairs. See 38 U.S. Code § 3720.