(Determination of property tax rate) The county legislature approved the budget for 2013. Revenues from property taxes are budgeted at $800,000. According to the county assessor, the assessed valuation of all of the property in the county is $50 million of this amount, property worth $10 million belongs to the federal govern- ment or to religious organizations and therefore, is not subject to property taxes. In addition, cer tificates for the following exemptions have been filed: Homestead $2.500,000 Veterans 1,000,000 Old age, blindness, etc. 500,000 In the past, uncollectible property taxes averaged about 3 percent of the levy. This rate is not expected to change in the foreseeable future. Using all of this information, determine (a) the prop erty tax rate that must be used to collect the desired revenues from property taxes and (b) the levy on a piece of property that was assessed for $100,000 (after exemptions). qoid xe, dod