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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 your answers

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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 your answers to two decimal places.) Total Assessed Total Property Tax Rate Community Property Taxes Valuation Required Percent Per $100 Per $1,000 Mills (in $) (in $) 4.48 Ellingham $58,000,000 $2,600,000 $4.48 X 44.8 X 44.8 X %

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