Levy A. Changes in the flow of (net) benefits from owning a property affect the market value Assessment Ratio B. Property tax exemptions targeted to those below certain income levels Assessment to (market) sales ratio C. The portion of the property value subject to the tax (set by statute) Mil rate D. Assessment of property tax values E. Different rates for different types/uses of property Circuit breakers F. The proportion of the fair market value of a property captured in the assessment. Homestead exemption G. Property tax exemption for owner occupied residences Classified system H. The amount of property tax revenue produced by a property tax system. Unclassified system I. A tax levied on property value in dollars per thousand dollars of valuation Revaluation Capitalization