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Jurisdictions imposing property tax uniformly charge some official with determining value of property subject to tax by the jurisdiction. [37] This official may be an employee or contractor to the taxing government, and is generally referred to as the tax assessor in most jurisdictions. Some taxing jurisdictions may share a common tax assessor ...
Wise County is a county in the U.S. state of Texas.As of the 2020 census, its population was 68,632. [1] Its county seat is Decatur. [2] Wise County is part of the Dallas–Fort Worth–Arlington metropolitan statistical area.
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School and other authorities are often separately governed, and impose separate taxes. Property tax is generally imposed only on realty, though some jurisdictions tax some forms of business property. Property tax rules and rates vary widely with annual median rates ranging from 0.2% to 1.9% of a property's value depending on the state. [9]
Wise County: 497: Decatur: 1856: Cooke County: Henry Alexander Wise, the U.S. Congressman and future thirty-eighth governor of Virginia (1856–1860) who supported the annexation of Texas: 78,097: 905 sq mi (2,344 km 2) Wood County: 499: Quitman: 1850: Van Zandt County: George Tyler Wood, the second governor of Texas (1847–1849) 47,921: 650 ...
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A property tax is based upon a property's market value. The ad valorem tax levy is based upon a millage rate which never varies from parcel to parcel. The foundation principles for ad valorem taxes are that each property is valued according to its market value and that each property is taxed based upon a single millage rate that applies to ...
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