The total assessed value of property in Brockton has risen by $97 million from last year's figure of $1.563 billion. The property tax rate last year for city services was $0.94181 per $100 of assessed value. If the city's budget has increased by $750,000, what tax rate should it set for the current year? (Round your answer to five decimal places.) New tax tate www. per $100

The lotal assessed value of property in Brockton has risen by $97 million from last year's figure or $1.563 billion. The property tax rote last year for city services was $0.94181 per $100 of assessed value If the cifys budget has increased by $750,000, what tax rate should if set for the current year? (Round your answer to then decimal placess.) New tax tote per $100