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The Only Type of Grid Cutoff That Occurs with Both

question 45

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The only type of grid cutoff that occurs with both focused and parallel grids is due to:


Definitions:

Mill Rates

Mill Rates are used in property tax assessments and represent the amount per $1,000 of assessed value of property. It is used to calculate the property taxes owed by property owners.

Property Tax

A levy on property that the owner is required to pay, usually collected by local government.

Assessed Value

The dollar value assigned to a property for purposes of measuring applicable taxes.

Property Tax

A levy imposed by a government on a property owner, based on the value of the property.

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