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You have been provided with the information listed below for the City of XYZ for FY 2 0 2 5 . A . If the
You have been provided with the information listed below for the City of XYZ for FY A If the city wants to collect $ million in property tax revenues in FY what property tax rate should the city use? Express the rate in dollars per $ assessed value. Be sure to show your calculations. B Based on the tax rate that you calculated in Part A what would the city's tax levy be in FY C Assume that Eduardo Hernandez owns a house in City XYZ that has a market value equal to $ Based on the rate you calculated in part A how much would Eduardo owe in property taxes in FY if he is eligible for a $ homestead exemption?
You have been provided with the information listed below for the City of XYZ for FY
A If the city wants to collect $ million in property tax revenues in FY what
property tax rate should the city use? Express the rate in dollars per $ assessed
value. Be sure to show your calculations.
B Based on the tax rate that you calculated in Part A what would the city's tax levy
be in FY
C Assume that Eduardo Hernandez owns a house in City XYZ that has a market value equal to
$ Based on the rate you calculated in part A how much would Eduardo owe in property
taxes in FY if he is eligible for a $ homestead exemption?
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