Critical Reasoning (CR) | Re: The total market value of real estate in Altonville has steadily decli

The total market value of real estate has declined over the past four years .
As a result , assessed value of that real estate has also declined .
The percentage of assessed value that was paid as property taxes to the city has remained the same .

Total property tax collected 4 years ago = Assessed value of real estate 4 years ago* Property tax %
Total property tax collected at present = Assessed value of real estate at present * Property tax %

Pre-thinking: Since the assessed value has declined