Calculate the property tax rate required to meet the budgetary demands of the community. Note: When calculating budgetary demands, always round up. (Round your answers to two decimal places.)CommunityTotal AssessedProperty ValuationTotal TaxesRequiredProperty Tax RatePercentPer $100(in $)Per $1,000(in $)MillsEllingham$52,000,000$2,300,000 %$ $

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Question

Calculate the property tax rate required to meet the budgetary demands of the community. Note: When calculating budgetary demands, always round up. (Round your answers to two decimal places.)

Community	Total Assessed Property Valuation	Total Taxes Required	Property Tax Rate
Percent	Per $100 (in $)	Per $1,000 (in $)	Mills
Ellingham	$52,000,000	$2,300,000	%	$	$

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