Which, if any, of the following transactions will decrease a taxing jurisdiction's ad valorem tax revenue imposed on real estate?
A) A tax holiday is granted to an out-of-state business that is searching for a new factory site.
B) An abandoned church is converted to a restaurant.
C) A public school is razed and turned into a city park.
D) A local university sells a dormitory that will be converted for use as an apartment building.
E) None of the above.

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The Answer of Which, if any, of the following transactions will decrease a taxing jurisdiction's ad valorem tax revenue imposed on real estate?
A) A tax holiday is granted to an out-of-state business that is searching for a new factory site.
B) An abandoned church is converted to a restaurant.
C) A public school is razed and turned into a city park.
D) A local university sells a dormitory that will be converted for use as an apartment building.
E) None of the above.

Which, If Any, of the Following Transactions Will Decrease a Taxing