During a recession citizens and governments see a substantial decline in the value of homes. How might

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During a recession citizens and governments see a substantial decline in the value of homes. How might this decline in value impact the a government's gross property tax levy?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078025822

17th edition

Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson

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Question Posted: Oct 24, 2016 04:49 AM

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During a recession citizens and governments see a substantial decline in the value of homes. How might

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Since property tax levies are based on assessedmarket values of property when prope...View the full answer

Accounting for Governmental and Nonprofit Entities

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