Calculate the property tax rate required to meet the budgetary demands of the community. Note: When calculating budgetary demands, always round up. (Round your answers to two decimal places.) Community Morningside Total Assessed Property Valuation $656,000,000 Total Taxes Required $32,400,000 Percent % $ Property Tax Rate Per $100 (in $) $ Per $1,000 (in $) Mills

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Author:Erwin Kreyszig
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Calculate the property tax rate required to meet the budgetary demands of the community. Note: When calculating budgetary demands, always round up. (Round your answers to
two decimal places.)
Community
Morningside
Total Assessed
Property Valuation
$656,000,000
Total Taxes
Required
$32,400,000
Percent
%
tA
Property Tax Rate
Per $100
(in $)
Per $1,000
(in $)
Mills
Transcribed Image Text:Calculate the property tax rate required to meet the budgetary demands of the community. Note: When calculating budgetary demands, always round up. (Round your answers to two decimal places.) Community Morningside Total Assessed Property Valuation $656,000,000 Total Taxes Required $32,400,000 Percent % tA Property Tax Rate Per $100 (in $) Per $1,000 (in $) Mills
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