The community of Oakville sets a property tax rate of $25.50 per $1000 assessed valuation. What is the assessment if a tax of $554 is paid on a property?

Name: The community of Oakville sets a property tax rate of $25.50 per $1000 assessed valuation. What is the assessment if a tax of $554 is paid on a property?
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The Answer of The community of Oakville sets a property tax rate of $25.50 per $1000 assessed valuation. What is the assessment if a tax of $554 is paid on a property?

The Community of Oakville Sets a Property Tax Rate of $25.50