Plato vs Socrates. Plato and Socrates are two philosophers that showed differences between them when it comes to their philosophical concepts and thought. One of the primary differences between Plato and Socrates is that Plato gave a lot of importance to the soul of the human being than the body.
Assessment Value - is calculated by multiplying the appraised value by the assessment ratio. Tax Rate Tax Rate - each county is set by the county commission based on the amount of monies budgeted to fund the provided services. These tax rates vary depending on the level of services provided and the total value of the countyâs tax base.
The ratio created by the difference between those two values is known as the ''equalization rate.'' So, for example, if the market value of a house is $400,000, and the assessed value is $300,000, the equalization rate is 75 percent. And since the equalization rate is the same for all homes in a town, local property taxes are equitably distributed. However, since equalization rates and assessment practices vary from town to town, assessed values are not a reliable indicator of ...