Champions Property tax Charges a 45% contingency fee of the total tax savings achieved.this is assessed when you
Subtract your property's final assessed value for that year from its initial assessed value, then multiply the difference by the previous year's total tax rate. The resulting number is the Estimated Tax Savings used to calculate the contingency fee.
Sample Calculation:
If the initial assessed value is $100,000, the final assessed value achieved by Champions Property Tax is $90,000, and the prior year's tax rate is 3%, then the Estimated Tax Savings are 3% of the $10,000 reduction, or $300. The fee due to Champions property Tax would be 45% of the Estimated Tax Savings, or $135, based on the assumptions for this sample calculation. This is a sample calculation and not a fee.