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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 ...
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 ...
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 .
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The last tax hike was in 2022 when the millage rate was raised to 3.8925 mills. County Administrator Jamie Wolgemuth said the county's deficit has been growing, reaching $5 million in anticipation ...
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 .
The county's total millage rate was reduced from 57 mills to a revenue-neutral 53 mills. And none of the county's other taxing entities, including the Charles Lea Center and county fire districts ...