Examlex
What is rewritten using only one exponent?
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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