Who determines the amount of property tax?
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Studied at Princeton University, Lives in Princeton, NJ
The tax rate is determined by the amount of tax levy to be raised from all, or part, of a taxing district and the district?s taxable assessed value. The assessment is determined by the assessor and is based on the market value of the property less any applicable property tax exemptions.
2023-05-12 23:43:23
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Oliver Brown
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The tax rate is determined by the amount of tax levy to be raised from all, or part, of a taxing district and the district?s taxable assessed value. The assessment is determined by the assessor and is based on the market value of the property less any applicable property tax exemptions.