Property tax was the first tax levied in the state of Washington and its collection accounts for about 30% of Washingtonâs total state and local revenue. It continues to be the most important revenue source for public schools, fire protection, libraries, parks and recreation, and other special-purpose districts.
Using the Name tool, you can define a constant, such as a tax rate, that you frequently use in Excel formulas. Go to Insert | Name | Define and type a nameTaxRate, for example. In the Refers to area, type the constant value and click on OK. For a 7 percent tax rate, you would enter 0.07. Now you can write a formula like =SalePrice*TaxRate and Excel will use the constant value you defined for TaxRate.
Excel 2007 has three new functions that you can use to SUM, COUNT, or AVERAGE using multiple criteria. In earlier versions of Excel, you had to use slow-calculating, hard-to-understand array formulas or SUMPRODUCT to use multiple criteria. The new functions are easy to use and fast to calculate.n Excel 2007, you should always use the SUMIFS, COUNTIFS, and AVERAGEIFS functions instead of array formulas wherever you can because they are much faster to calculate. In versions before Excel 2007, array formulas are often used to calculate a sum with multiple conditions.