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After their state changed the assessment rate for all local government property tax systems from 70% to 60% the property tax levy in armie town
After their state changed the assessment rate for all local government property tax systems from 70% to 60% the property tax levy in armie town remained unchanged. What would explain what happened in armie town if the above statement is true? (select all correct answers)
- property tax bills all increased
- property tax bills all decreased
- mil rates increased
- mil rates remained the same and tax levies increased
- assessment to sales ratios increased
- market values increased
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