How are my taxes determined?

The amount of taxes that you pay is determined by the budget and the levy. The proposed budget and tax rates are forwarded to the State of Rhode Island for their review and approval. The City, after public hearings, then adopts a budget that reflects what services will be provided and the cost to provide those services. The amount of revenue generated by property taxes is the levy. Property taxes are ad valorem, which means that they are based on value. Your share of the tax burden is based on the value of your property – the more that your property is worth, relative to other property in the city, the higher your share of the tax burden.


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