Question
A property is located in Bryan, Texas. It is subject to taxes from three different taxing authorities: City of Bryan = $0.629990 per $100 of
A property is located in Bryan, Texas. It is subject to taxes from three different taxing authorities:
City of Bryan = $0.629990 per $100 of value
Brazos County = $0.497500 per $100 of value
Bryan ISD = $1.270000 per $100 of value
Based on the tax rates above, what is the total tax rate per $100 of value for the property in Bryan, Texas?
a. $0.629990
b. $1.270000
c. $2.00
d. $2.397490
e. $2.749390
Using the total tax rate answer from Question above, what would the estimated tax amount be for a property in Bryan, Texas that is assessed at a value of $200,000?
a. $2,397.49
b. $47,949.80
c. $4,794.98
d. $5,589.88
e. $479.50
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started