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1 . Calculate the property tax liability for a home that is valued at $ 1 1 6 , 0 0 0 in a district

1. Calculate the property tax liability for a home that is valued at $116,000 in a district where the millage rate is 19.81 and the homestead exemption is $35,000.2.2. Calculate the property tax liability for a rental property that is valued at $56,000 in a district where the millage rate is 27.30 and the homestead exemption is $35,000.(since this property is not the primary residence of the owner, it does not qualify for the homestead exemption)

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