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Short Paper: Property Assessment and Taxes

Paper details:

Go back to your county or municipal offices/courthouse or research any available online equivalent offices. Talk with, or otherwise research, the assessor’s and the auditor’s offices.

How are properties assessed for tax purposes?
How are property taxes computed based upon the assessment?
When are property taxes levied?
When must the property taxes be paid?
What occurs when payment is delinquent?
What is the appeals process if you believe the assessment is wrong?
Does your state have any caps on the amount that property taxes can increase in a given year?
Thoroughly explain property taxes generally, then apply your information to calculate the property taxes on a house valued at $100,000. Write your findings in a short paper.

Write your findings in a short paper. For additional details, refer to the Short Paper/Case Study Analysis Rubric document.

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