Calculate the assessed value (in $) and the property tax due (in $) on the property Fair Market Value Assessment Rate Assessed Value Property Tax Rate Property Tax Due $280,000 80 $ $25.70 per $1,000 $ 6. (-/1 Points) DETAILS BRECMBC9 18.11.016. MY NOTES ASK YOUR TEACHER 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.) Property Tax Rate Community Total Assessed Property Valuation Total Taxes Required Percent Per $100 (in $) Per $1,000 (in $) Mills Ellingham $53,000,000 $2,000,000 %