assessment ratio

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assessment ratio

Of a property, the ratio between its market value and its assessed value.
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Since that time, the market values of properties within the School District and County have significantly changed, leading to discrepancies and a range of assessment ratios.
The Pennsylvania Supreme Court granted review to consider whether the Uniformity Cause permits the School District, pursuant to its statutory right to appeal individual property assessments, to concentrate solely on commercial properties while foregoing appeals as to single-family residences that may have even lower assessment ratios.
com - a free assessment and market analysis portal that seamlessly connects the two pieces together, allowing homeowners to understand if and when their hometown is over, under, or fairly assessed in line with the county's statutory assessment ratios.
H6-Property owners with higher assessment ratios are more likely to be delinquent.
said Wednesday they will merge based on share value assessment ratios of 1:1 and 1:0.
KS believe that "the property tax will not likely be viewed as fair if there is a wide variation in assessment ratios among classes of property and if the tax is riddled with exemptions.
Tax base growth, which has historically been solid, was stagnant in fiscal 2003 due predominantly to the implementation of a state amendment which slowly reduces the assessment ratios for motor vehicles and other titled personal property from 2002-2008.
1) Many states specify different assessment ratios based on the use of the property (residential, agricultural, commercial, industrial) or type of property (land, improvements, personal property).
The mean assessment ratios for sales during the month preceding the auction for Broward County, Miami-Dade County, and Palm Beach County are 82.
PROPERTY Tax is a populated system that includes critical jurisdictional data, such as real and personal property tax rates, assessment ratios, payment information, important dates and contacts.
3% loss during fiscals 1994 and 1995 resulting from successful taxpayer assessment appeals and legislated reductions in assessment ratios.
The effective tax rate is the product of the nominal tax rate and the assessment ratio.
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