December 2, 2015 1:00 p.m. The Most Popular U.S. TV Shows in 18 Countries Around the World. <em>Drop Dead Diva</em> is big in Romania. The Ratings Game is a weeklong series exploring what the new world of TV ratings means for your favorite shows.
The assessment rate is a uniform percentage and varies by tax jurisdiction, and could be any percentage below 100%. After getting the assessed value, it is multiplied by the mill levy to determine your taxes due. For example, suppose the assessor determines your property value is $500,000 and the assessment rate is 8%. The assessed value would be $40,000. Now taking the mill levy of 4.5% we calculated previously, the tax due would be $1,800 ($40,000 x 4.5%).
States forego anywhere between 1.5 percent and 10 percent worth of the statesâ property tax collections each year because of charitable tax exemptions, which translates into higher property tax rates for homeowners and businesses, concluded a 2010 report from the Lincoln Institute of Land Policy.