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Hailie is writing a psychology research paper.She has collected research from the past three decades,which her professor says is fine.What is confusing for Hailie is that her articles say different things.She finally asks you why all of the research has been published if some of it is obviously wrong.You tell her that
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.
Mill Rate
The amount of property tax per $1000 value.
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