Each January, the Clark County assessor’s office updates property values for taxes due next year.
For property owners, the relationship between property values and property taxes, how taxes are calculated and how tax increases are applied can be “super confusing,” Assessor Peter Van Nortwick said.
In Washington, all real and personal property is subject to taxation unless specifically exempted. Taxes for personal property are typically collected through sales taxes imposed by the state, county and cities. Property taxes are levied — often by voter approval — by the state, counties, cities, and various tax districts such as school, fire, library, cemetery and port districts. Special districts, like mosquito-control districts or diking and drainage districts, also take a portion of property taxes…