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Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property . The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate , and is ...
Walnut Point State Park is an Illinois state park on 671 acres (272 ha) in Douglas County, Illinois, United States. The park contains a small lake. The park contains a small lake. The nearest community is Oakland .
The property tax rate is typically given as a percentage. It may be expressed as a per mil (amount of tax per thousand currency units of property value), which is also known as a millage rate or mill (one-thousandth of a currency unit). To calculate the property tax, the authority multiplies the assessed value by the mill rate and then divides ...
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When applied to a property assessed at $100,000, that millage rate would lead to an annual tax bill of $681 — an increase of $85 over the current county tax rate. Raising the millage rate from 5 ...
The administrative divisions of Illinois are counties, townships, precincts, cities, towns, villages, and special-purpose districts. [1] The basic subdivisions of Illinois are the 102 counties. [2] Illinois has more units of local government than any other state—over 8,000 in all. [3]
Spartanburg County adjusted its millage rate lower due to this year’s reappraisal, ... The city of Spartanburg would have had to reduce its levy from 104.4 mills to 97.1 mills, but instead set ...
Oakland is a city in Coles County, Illinois, United States. The population was 739 at the 2020 census. The population was 739 at the 2020 census. Oakland is the nearest community to Walnut Point State Park .