What are the different ratios used in calculating an assessed value?
Primary Residence 4% of Fair Market Value Other Real Property 6% of Fair Market Value Personal Property 10.5% of Fair Market Value Agricultural Property (privately owned) 4% of fair market value Agricultural Property (corporate owned) 6% of use value Manufacturing & Utility Property 10.5% of fair market value Railroad, Airline & Pipeline Property 9.5% of fair market value
Related Questions
- When I received my "Change of Assessment" notice, it had the Fair Market Value, the Taxable Value, and the Gross Assessed Value. What do these different values mean?
- The LVDS serial output is rated for a 27Ω load. Can a different value be used?
- What are the different ratios used in calculating an assessed value?
