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The budget director of a large city is reviewing her staff's calculation of the city's property tax millage rate. She examines the deductions from the
The budget director of a large city is reviewing her staff's calculation of the city's property tax millage rate. She examines the deductions from the total assessed value of property to determine the net assessed value of property. Which of the following is most likely to be a mistake?
The value of property owned by religious organizations was deducted
Ten percent of the value of property owned by veterans was deducted
Ten percent of the value of property owned by persons over years of age was not deducted
The value of property owned by other governments was not deducted
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