Millage rate is the amount per $1000 that is often used to calculate property tax. For example, a home with an $80,000 taxable value in a municipality with a 19 mil tax rate would require (0.019)($80,000) = $1520 in property taxes.
a. In one county, homeowners pay a flat tax of $156 plus a rate of 19 mil on the taxable value of a home. Write a linear equation that represents the total property tax y (in $) for a home with a taxable value of x dollars.
b. Determine the amount of property tax on a home with a taxable value of $90,000.
c. If the property tax on a home is $2436, determine the taxable value of the home.