Asked by Andrew Chase on May 19, 2024
Verified
What are the taxes on a property assessed at $227,000 if the mill rate is 16.8629?
Mill Rate
The amount of tax payable per dollar of the assessed value of a property, usually expressed in mills per dollar.
- Comprehend and utilize the computations of property taxes for the financing of public initiatives.
Verified Answer
SS
Learning Objectives
- Comprehend and utilize the computations of property taxes for the financing of public initiatives.