What will be the change in the property tax from last year if the new tax rate is set at $1.52193
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The assessed value on a property increased from $285,000 last year to $298,000 in the current year. Last year's property tax rate was $1.56324 per $100 of assessed value.
a) What will be the change in the property tax from last year if the new tax rate is set at $1.52193 per $100?
b) What would the new tax rate have to be for the dollar amount of the property taxes to be unchanged?
11 years ago
What will be the change in the property tax from last year if the new tax rate is set at $1.52193
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