The school district where the Bradleys live needs $1,310,000 from property tax revenues to meet the budget. The total value of assessed property in the district is $120,000,000. What is the tax rate? Round to the nearest ten-thousandth. Express the rate in mills (to one decimal place.)

Answer rating: 100% (QA)

ANSWER To calculate the tax rate well divide the amount needed from property ... View the full answer