The village of Indian Point collected $11,350,000 of property taxes during calendar year 2019. Of that amount $11,220,000 pertained to the tax levy for 2019; the other $130,000 represented collections of prior year tax delinquencies. The real property tax levy for 2019 was $11,920,000. What is Indian Point's property tax collection rate for 2019?
A) 105%
B) 99%
C) 95%
D) 94%
Correct Answer:
Verified
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