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assessed valuation
(redirected from Taxable Value)

   Also found in: Legal, Financial 0.01 sec.
assessed valuation
The value of a property as determined by a municipality for real estate tax purposes; often this valuation is less than the true market value of the property.


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The response was a second initiative that rolled the assessed value of property back to 1995 levels, minus 10 percent, and limited subsequent increases in taxable value to 3 percent a year.
4) Thus, over time, the taxable value (TV) of a property could fall well below the SEV.
The cost of operating the pool is about $25,000 which mean a cost of 25 cents per $1,000 of taxable value.
 
 
 
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