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Please explain the 60-day rule for the recognition of property taxes in governmental funds to the Mayor of Morse City. Can the 60-day rule apply

Please explain the 60-day rule for the recognition of property taxes in governmental funds to the Mayor of Morse City. Can the 60-day rule apply to all revenues? Please explain the 60-day rule for the recognition of property taxes in governmental funds to the Mayor of Morse City. Can the 60-day rule apply to all revenues? No plagiarism please.

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