You are the treasurer for a local municipality. You have been required to calculate a projection of your government's property tax information. You have the following information at hand:

Revenue Requested $=$ $$850,000,000\mathrm{.}00$

True Value of all Property $=$ $$72,000,000,000\mathrm{.}00$

Uncollectible Property Taxes $=1\mathrm{.}5\%($estimated$)$

Assessment ratio $=37\%($this is a proposed $7\%$ increase from prior reporting fiscal years$)$

Provide the following information for you budget committee:

What is the amount of the tax levy? $($This is the true revenue needed to be generated$)$

What is the total assessed valuation of all real property?

Calculate the projected required tax rate. Provide your tax rate in terms of percentage and mils.