Explain property tax to meet its budget requirements

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Reference no: EM13200265

The county of Blue needs $800,000 from property tax to meet its budget requirements. The total value of assessed property in Blue is $140,000,000. The tax rate of Blue in mills to nearest hundredth is_________. Be sure to round tax rate to nearest hundred thousandths before converting to mills)

Reference no: EM13200265

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