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Evaluate the limit.
Property Taxes
It is a levy imposed by a government on a property owner, usually based on the value of the property.
Mill Rate
The amount of tax payable per dollar of the assessed value of property, used in calculating property taxes.
Assessed
Evaluated or estimated, often in the context of determining the value for tax purposes.
Value
The monetary, material, or assessed worth of an asset, good, or service.
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