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=**TEC 546 Module 2 Technology- Assisted Assessment Inquiry Part 1** By Shelly Robinson= =Property Tax Lesson Abstract = Property Tax is money paid by people who own such items as homes, land, and vehicles. This tax is paid to the city and/or county where the property is located. Property Taxes on homes are referred to Real Estate Tax. Real Estate Taxes are primarily used to fund local schools. The amount of this tax varies significantly from state to state and county to county. Property Tax are based on assessed value, which is the amount the property is worth as determined by the government assessor. Assessed value is usually less than market value, which is the amount one would get if they sold the property. In this lesson, students will take pretest on their prior knowledge of how to solve problems involving property taxes, then they will go through and learn about property tax and take notes on examples presented on a power point presentation. After taking the notes, student will take take a post test. = Click on this link for the Pretest on Property Tax Problems =

=Click this link for more information on Property Tax : = = Lesson Goals and Objectives: = =Common Core Math Standards: = Understand solving equations as a process of reasoning and explain the reasoning.(A-REI) A-REI-1 Explain each step in solving a simple equation as following from the equality of numbers asserted at the previous step, starting from the assumption that the original equations has a solution. Construct a viable argument to justify a solution method. Solve equations and inequalities in one variable. (A-REI) A-REI-3 Solve linear equations and inequalities in one variable, including equations with coefficients represented by letters.
 * 1) Students will compute what percent of market value is the assessed value of a home.
 * 2) Students will compute annual property tax of a home given a variety of information.
 * 3) Students will compute monthly property tax payments given a variety of information.
 * 4) Students will compute the assessed value of a home given market value and percentage.
 * 5) Students will compute what percent tax is of a mortgage payment given a variety of information.
 * Reasoning with Equations and Inequalities (REI)**

= **Technology – NETS for Students**: =
 * Creativity and Innovation:** Students demonstrate creative thinking, construct knowledge, and develop innovative products and processes using technology.
 * Communication and Collaboration:** Students use digital media and environments to communicate and work collaboratively, including at a distance, to support individual learning and contribute to the learning of others.
 * Critical Thinking, Problem Solving, and Decision Making:** Students use critical thinking skills to plan and conduct research, manage projects, solve problems, and make informed decisions using appropriate digital tools and resources

= Property Tax Vocabulary =
 * Property Tax** - money paid by people who own items such as land, homes, and automobiles to a government where the property is located.
 * Real Estate Tax** -another phrase for property tax - the annual tax on the value of real estate by most state, county, and local governments
 * Assessed Value** - the amount of money the property is determined to be worth by the government assessor.
 * Assessor** - a public official responsible for valuing property for tax purposes.
 * Market Value** - the amount of money one would receive if the property was sold

= Real Estate Tax Examples = Click here for examples in worked out in a power point presentation. These should be in your notes to reference when you take the post test for this lesson. You may need to click your mouse and/or hit the enter key on your keyboard to see the problems and answers. If you do not have access to the software of Microsoft Powerpoint, here is the same presentation in PDF Format.

=Click on this link for the Post Test on Real Estate Taxes=

=Here is the document for Module 3 on the lesson and the excel spreadsheet with the data.=