Link to this slang definition. To link to this term in a web page or blog, insert the following. <a href=http://onlineslangdictionary.com/meaning-definition-of/kosher>kosher</a>. To link to this term in a wiki such as Wikipedia, insert the following.
The equalization rate is equal to a town or cityâs total assessed property value divided by its total market value. The assessed value is determined by Mount Kisco, Palmer explained, while New York state determines the total market value.ince Mount Kisco is getting slammed this year, with Westchester County taxes set to increase by the upper single digits â Bedford school taxes could go up by double digits â Village Manager James Palmer at a recent Board of Trustees meeting what the equalization rate is and what it means for Mount Kisco.
Capitalization rates are an indirect measure of how fast an investment will pay for itself. In the example above, the purchased building will be fully capitalized (pay for itself) after ten years (100% divided by 10%). If the capitalization rate were 5%, the payback period would be twenty years.