" ","2011","2015"
"Fair Market Value of Home","$100,000","$150,000"
" assessment ratio","40%","40%"
"Assessed value","$40,000","$60,000"
" less homestead exemption ($30,000)","($30,000)","($30,000)"
"Taxed Amount","$10,000","$30,000"
"Tax (millage) rate, all units of government","0.0430","0.0430"
"Estimated Annual Tax bill","$430","$1,290"