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The tax rate in Manatee County is 35 mills. How much is this for every $1,000 of assessed value?

Sagot :

Tundexi

The tax payable on the assessed property is $35 if the mill rate of 35 mills is applied.

What is a mill rate?

A mill rate refers to an amount of tax payable per dollar of the assessed value of a property.

Here, the mill rate is 35 mills and the assessed value is $1,000.

Tax payable = 35 mills * $1,000

Tax payable = $35.

Hence, the tax payable on the assessed property is $35 if the mill rate of 35 mills is applied.

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