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Ratable |
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That which can be appraised, assessed, or adjusted through the application of a formula or percentage. Ratable property is that which is taxable or capable of being appraised or assessed. ratable adj. taxable according to value, such as an estate or property. |
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The Transit Village will provide an opportunity to reverse this trend by generating a profitable new tax ratable for the Township. c) A ratable portion of other deductions, expenses and losses not directly allocable to those receipts or to another residual class of income. Those that are cost-based (such as ratable charge methods) have the same limitations but are more complex than the cash surrender value method; they have been considered and rejected by standard-setting bodies and observers. |
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Ratable
