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Which of the following most logically completes the passage? California levies its real-estate tax as a percentage of a property's assessed value. California reassessed all properties late last year, ensuring that this year's real-estate tax on a given property fairly reflects that property's current value. By comparison with the previous assessment 3 years ago, the mean assessed property value was considerably lower. Nonetheless, the mean real-estate tax bill sent to California’s property owners this year is likely to be no lower than last year's, because ___. |
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Answer» Which of the following most logically completes the passage? California levies its real-estate tax as a percentage of a property's assessed value. California reassessed all properties late last year, ensuring that this year's real-estate tax on a given property fairly reflects that property's current value. By comparison with the previous assessment 3 years ago, the mean assessed property value was considerably lower. Nonetheless, the mean real-estate tax bill sent to California’s property owners this year is likely to be no lower than last year's, because |
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