Section 7 - Property Tax X - Instructions The City has assessed your property at a value of $302844.12 and the Mill Rate is 8.6869. What are the Annual and Monthly property tax amounts? Annual Property Tax Amount Monthly Property Tax Amount Instructions You will be getting possession of the home on July 1st. What will the property tax adjustment be? Who will have to pay? Adjustment Amount Who Pays Adjustment? Section Value: 6 Submit Answers