Increases in costs to provide services and State mandated legislation to taxing districts are two reasons tax bills may increase as districts normally must increase their levy amount to cover their increased costs. Even if no equalization factor is applied, the recouping of increased costs to the taxing district will increase the taxes an individual pays.
Simplified example - if the assessment does not change but the taxing district requests an increase in dollars
Calculate Tax Rate
2015/Pay 2016 2016 Factor 2016/Pay 2017
Equalized Assessed Value 74,000,000 None (1.000) 74,000,000
District Levy 90,000 100,000
Tax Rate = Levy/Value .00121622 .00135135
When the Equalized Assessed Value stays the same but the Levy (money asked for by the district) goes up, the rate increase, and the individual taxpayer pays more even though his assessment does not change.
Equalized Assessed Value 50,000 50,000
Tax Rate .00121622 .00135135
Tax Bill $60.81 $67.57