Taxes And Assessments Already Passed

Formula for tax rate: Rate = Tax dollars needed/Taxable assessed value {Ans: --}A homeowner's total tax bill is derived by: A. dividing tax requirement by tax base B. multiplying each district's tax rate times the assessed value of owner's property C. dividing tax dollars needed by the taxable assessed value D. averaging tax rate for each tax district and multiplying average tax rate times the assessed value {Ans: B. multiplying each district's tax rate times the assessed value of owner's property}Where does a property owner file an assessment complaint? A. Mayor's office in city/town where property is located B. local taxing authority in city/town where property is located C. NYS legislature D. with either the assessor or board of assessment review in the city/town where property is located {Ans: D. with either the assessor or board of assessment review in the city/town where property is located}The Real Property Tax Law requires that state equalization rates be established ____________ for ________________. A. quarterly; each local taxing authority B. annually; each county, city, town and village C. monthly; each county D. annually; the state of NY {Ans: B. annually; each county, city, town and village}What is the purpose