Can I multiply my new assessment by last year's tax rate to estimate my taxes?

No. Last year's tax rate should not be applied to your new assessed value.

Because assessed values have changed substantially throughout the City, the tax rate will also change. The 2026 tax rate cannot be calculated until the taxing jurisdictions finalize their budgets and levies later this year. The City's notice indicates that many of those budgets are not finalized until November.