A county levies $$300,000$ of property taxes for its current fiscal year. One percent of the tax levy is expected to be

uncollectible. The county collects $$270,000$ of its taxes during the year and another $$25,000$ during the first two month's

of the following year. What amount of property tax revenues should the city report in the General Fund financial

statements for the current fiscal year?

$$295,000$

$$300,000$

$$270,000$

$$298,000$