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A city council approved its 2023 budget. The city estimated that it needs to collect property tax revenues of $2,000,000 to balance its budget. The

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A city council approved its 2023 budget. The city estimated that it needs to collect property tax revenues of $2,000,000 to balance its budget. The assessed value of all the property in the city is 546 milion, but it received certificates for property tax exemptions of million. The city believes that 98% of property taxes will be collected What tax devis required for the city to collect $2.000.000 in property taxes? Select one 52.000.000 b. 12.040.816 545.000.000 d. 54.000.000

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