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A 1 Percent Mill Levy Is the Same as Saying

Question 11

Multiple Choice

A 1 percent mill levy is the same as saying


A) the tax is $1 per $1,000 in assessed value of property.
B) energy producers must pay 1 percent of their profit into the state general revenue fund.
C) property tax is collected by the state government.
D) local governments may tax property at 1 percent of the assessed value of property.

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