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What is the Property Tax assessment rate and the mileage rate?

April 26, 2017assessment mileage rate

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What is the Property Tax assessment rate and the mileage rate?

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Homestead Assessment:10% Vacant Property Assessment: 20% Mileage Rate: 44 mils per thousand dollars of assessed value Vacant land: Lot Value@$175,000 x 20% x .044=$1,540 Property Tax Homestead: Home and Property value @ $650,000 x 10% x .044 = $2,860 Property Tax.