 Kent County's property tax rate will drop to $5.72 per $100 of assessed value to avoid collecting more taxes on July 1st. The previous rate was $0.36 per $100 of assessed value. County Administrator Ken Decker says lowering the rate is solely based on a new assessed value of homes following a court-mandated reassessment. The old assessed values were 60% of the 1987 value. The new values are the market value as of July 1st, 2023. So