It is hard to understand. I'll try again. If all assessments double and the tax levie remains the same, the tax will remain the same. Now if the tax levie(the budget) goes up, then the tax amount will change. Another way, if the assessment doubles from 10K to 20K and the budget remains the same. The tax rate, the amount per 1K will be cut in half and you will pay 20X, rather than 10X, but the actual cost will be the same.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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