Training purpose selection is required.
Training plan selection is required.
In most counties, the main source of revenue is the ad valorem property tax, which is assessed based on the value of the property. The process of property assessment and tax calculation is complex and involves several factors. The assessor of property appraises and classifies the property and then applies the statutory percentages to appraisals to determine assessments. The county commission determines the local property tax rates, and the trustee is responsible for collecting taxes. By the end of this course, you will gain the ability to describe the purpose of reappraisals and understand how property tax rates are calculated.