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County governments are exempt from property taxes.
Disregarding SOH, a qualified homestead assessed at $78,000 will have a taxable value of $28,000 for city and county governments.
The total assessed value of property in a county is $1,340,000,000. Of the total, $140,000,000 is federal government property, and $200,000,000 is homestead exempt and church property. The millage rate in the county is 10 mills. How much revenue is generated by the property taxes?
A homestead property has taxable value of $246,000. The millage rate for city, county, and school board is 24. What are the property taxes?