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Budget planners for a certain community have determined that 9235400 will be required to provide all government services next year The total assessed property value in the community is 12250000?
Wiki User
∙ 14y ago
$7.54
Wiki User
∙ 14y ago
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Should I buy a home at its assessed value and are homes usually purchased at a price below the assessed value?
yer! A homes market value and assessed value are two different things. In many circumstances they do not have a correlation to one another. Assessed values are nothing more than a yard stick for a municipality to collect an appropriate amount of taxes to sufficiently cover the state and local appropriations chargeable to the city and town. There are many properties that sell over assessed value and just as many that sell under the assessed value.
How could you describe a tax that is assessed according to the benefits received principle?
To describe a tax that is assessed according to the benefits received principle one must first view the rules or laws that makes that tax that is supposed to assessed official.
What type of personal property includes all movable wealth which is visible and the value of which can be easily be assessed?
tangible
What is the name of a tax assessed on a specific thing such as theater tickets alcoholic beverages or tobacco?
Excise tax -plato
Why government regulation of the energy industry is important?
We need to regulate and license energy industries to:make sure all environmental impacts are assessed and managedmake work sites and working conditions as safe as possiblekeep the industries competitive to promote further developmentmake sure the supply chain is contributing to the economy by paying licence fees and taxes
Who determines value?
value is determined by a person who seeks value of thing.value can also be estimated, assessed, or determined by a professional person i.e. valuer.
At which level of government is property tax assessed?
Local A+
What level of government is sales tax assessed?
State and local a+
What do you mean by Assessed?
not ot be hereThe term assessed means to evaluate the value of something of value or for tax purposes. Having ones taxes assessed is what occurs after one submits them to the government.
At which level of government may income taxes be assessed?
federal, state, and local
What is the name of doctrine that holds that damages assessed in a negligent action are determined in part by the degree of negligence imputed to each party?
assumption of risk
At which level of government are fees assessed for licenses and permits to perform certain job duties?
State a+
How are condo fees determined using undivided fee simple interest?
Assessments are paid by owners in condominium associations so that the community's operational expenses can be paid.Read your governing documents to determine how individual owners are assessed their share of assessments: allocated interest can be square footage, unit location or other determination.
Why were the Germans unble to p ay all of the reparation assessed by the treaty of Versailles?
They had an unstable government and massive hyperinflation.
Correct the grammar - service has assessed or the service have assessed?
service has assessed
Another word for assessed?
assessed = evaluated
What is France tax system called?
The tax system in France is referred to as prelevements obligatoires. Taxes are assessed by the government on a yearly basis.
