Governement Accounting- True/False

1) The city of Minot collected property taxes in advance in the year 2017 for the year 2018. The collected property taxes would not be recognized as revenue under the accrual basis of accounting, however, the property taxes would be recognized as revenue under the modified accrual basis of accounting. If you anwer falso, explain why this statement is false.

2) You purchased a home in Minot in 2007. In 2007, the property tax rate in the mills was 113.70. In 2017, you are still living in the same home and the property tax rate in terms of mills is 79.25.This would mean that you are paying less property taxes in regard to the city of minot in 2017 than you did in 2007. if you answer false, explain!