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3. What would be the effect of having a large share of the total potential property tax base in a city owned by tax-exempt organizations?

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3. What would be the effect of having a large share of the total potential property tax base in a city owned by tax-exempt organizations? Would it mean lost property tax revenue or higher property taxes paid by taxable entities? Any idea how it might be possible to see whether impact is higher tax paid by others or lower property tax revenue

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