Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The local county.r has a millage rate of 32.98. How much tax would you owe on a property that is valued at $180,775? Answer should

image text in transcribedimage text in transcribed
The local county.r has a millage rate of 32.98. How much tax would you owe on a property that is valued at $180,775? Answer should be formatted as a dollar amount rounded to the nearest cent. The county has an annual budget of $4,604,961 and has income of $647,461. The total assessed value of the property in the countyr is $408 million. The exemption rate in the county;r is 11%. What is the millage rate for the county? Answer should be expressed in mills with two decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Plenitude The New Economics Of True Wealth

Authors: Juliet Schor

1st Edition

1594202540, 9781594202544

More Books

Students also viewed these Economics questions

Question

What are the other economic side effects of accidents?

Answered: 1 week ago