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Calculate the property tax rate required to meet the budgetary demands of the following community.
Note: When calculating budgetary demands, always round up.
Do not enter the percent symbol in your calculations. Round your answers to two decimal places. Round your answer for property tax rate: mills to one decimal place.
Community TotalAssessedPropertyValuation TotalTaxesRequired Property Tax Rate: Percent Property Tax Rate:Per 100
Ellingham $57,000,000 $2,300,000 % $
Property Tax Rate: Per $1,000 Property Tax Rate: Mills
$ ________________
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