V. Hugh Lewis II
Jefferson Jimplecute
Marion County Commissioners got the first look at the certified appraisal rolls for 2025 during Monday’s regular meeting.
Marion County saw a total appraised or market value of $2,031,659,003, a $178,734,510 increaes over 2024 values of $1,852,924,493.
The total assessed or appraisal value increased from $1,071,273,443 to $1,142,335,532, or a $71,062,089 increase
Total taxable value also went up for the County. The values in 2024 were $986,808,403 and 2025 are $1,045,346,152, an increase of $58,537,749.
Total taxable new property accounted for just shy of half the taxable value increase, coming in at $20,665,010.
Road and Bridge saw similar gains over 2024 appraisal rolls.
Taxable value increased by $58,408,549 over 2024.
Assessed values increased by $71,062,089.
Total appraised values increased by $178,734,520.
JISD will see a decrease in total taxable values of $13,116,651 for 2025. They did see a appraised/market value increase of $170,325,240, and an appraised value of $66,305,629.
The differences were affected by productivity evaluations, homestead cap losses, depreciation schedule changes, new and deleted parcels. The homestead exemption is also set to increase, provided it is approved by voters in November. The numbers provided by the Marion County Tax Assessor assumes the new homestead exemptions have been approved by voters.
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