Property tax rate-assessed valuation


The city has an assessed valuation of $280,000,000 collects 96% of its property tax annualyy, and is budgeting #4,000,000 in nonporperty tax revenues and $6,500,000 in expenditures. What will its property tax rate be per $100 of assessed valuation?

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Finance Basics: Property tax rate-assessed valuation
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