Exam (elaborations)
IAAO Course 101 Review questions with correct answers
- Course
- Institution
Tax Rate (def.) CORRECT ANSWER Percent of assessed value at which each property is taxed in a given district. Tax Rate (formula) CORRECT ANSWER Tax revenue (amount) / Assessed value Property Tax (formula) CORRECT ANSWER Subject assessed value / Tax rate Budget Revenue (formula) CORRECT ANS...
[Show more]