Voter education · Chelan County

How your property tax timing actually works

The bill you pay this year is built from last year's value and rates set late last year. Here is the whole sequence, in plain English.

The one-sentence version

The tax you pay in 2026 is based on what your property was worth on January 1, 2025 — multiplied by levy rates the taxing districts set in late 2025, and collected this year. The value year is always one year behind the collection year.

The full sequence

Your assessed value and your final bill are set at different times by different offices. That is why you can know your value for months but not your real bill until January.

The correct formula

Annual tax = (Assessed Value ÷ 1,000) × Total Levy Rate
  • For a 2026 statement, Assessed Value = your value as of January 1, 2025.
  • Total Levy Rate = the 2026 consolidated rate for your tax code area, in dollars per $1,000.
The common error to avoid: labeling the value as the current tax year, or pairing a current-year value with a current-year rate. The value year is always one year behind the collection year.

The statutory anchors

For anyone who wants to verify it in the law:

Look up your property →
Voter-education resource. This explainer is produced by Rick Viall's campaign for Chelan County Treasurer. It is general information, not legal or tax advice, and is not a product of the Chelan County Treasurer's or Assessor's office. For your official figures, contact the Chelan County Treasurer's Office.