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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
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 | Total Assessed Property Valuation | Total Taxes Required | Property Tax Rate | |||
|---|---|---|---|---|---|---|
| Percent | Per $100 (in $) | Per $1,000 (in $) | Mills | |||
| Ellingham | $54,000,000 | $2,400,000 | % | $ | $ | |
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