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Which of the following statements is not true? When a taxpayer fails to pay his property taxes the city may place a lien on the

Which of the following statements is not true? When a taxpayer fails to pay his property taxes the city may place a lien on the property. The outstanding encumbrances balance must always be closed at year end a city reports payments in lieu of taxes from other governments as revenue an unrestricted grant is reported as revenue to the extent of the amount spent

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