Class 01 - Inventory, Machinery and all types of equipment which are used in Agricultural activities
Class 02 -The property which the owner owns, like mobile homes.
Class 03 - Everything which is not included in class 02, but outside the municipality.
Class 04 - Everything which is not included in class 02, but within a municipality.
The property tax is assessed on the 1st of July and its determined through the formula
market Value X 60% (.60) = Assessed Value
Assessed Value X Levy Rate = Taxes
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