The City of Great Falls adopted an appropriations ordinance in the amount of $22,000,000 for the general fund for a certain fiscal year. Revenues other than property taxes amounted to $9,000,000. The total market value of property in the City amounts to $1.3 billion, but $400 million is exempt due to being owned by governmental units, churches, etc. The assessment ratio (assessment percentage of market value) of all cities in the state is 33 1/3 percent. Homestead, veterans, and other exemptions amount to $10 million, based on assessed value. It is anticipated that two percent of the assessed taxes will not be collected. The property tax rate per $100 net assessed value would be:

	A.	$4.57.
	B.	$4.60.
	C.	$4.33.
	D.	$4.99.