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Pa Property Tax Assessment AppealsMillage_calculationsEASY

In Pennsylvania property taxation, if a property is assessed at $200,000 and the school district millage rate is 20 mills, what type of calculation is used to determine the school district tax?

Correct Answer

C) The assessed value is multiplied by the millage rate and divided by 1,000

The standard PA property tax calculation multiplies the assessed value by the millage rate and divides by 1,000. In this case: $200,000 × 20 / 1,000 = $4,000 in school district tax.

Answer Options
A
The assessed value is divided by the millage rate
B
The millage rate is subtracted from the assessed value
C
The assessed value is multiplied by the millage rate and divided by 1,000
D
The assessed value is multiplied by the millage rate and divided by 100

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Key Terms:

tax_formulamillage_calculationbasic_concept
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