If the Mill Rate Increases by 0

question 166

Multiple Choice

If the mill rate increases by 0.25 mills, what will be the dollar increase in property taxes on a house assessed at $380,000?

• A) $950.00
• B) $0.95
• C) $9,500
• D) $95.00
• E) none of these

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Definitions:

Intellectual Stimulation

Engaging with ideas and challenges that encourage innovation and creative problem-solving.

Transformational Leadership

Describes a leadership approach that causes change in individuals and social systems, by inspiring followers to transcend their own self-interests for the good of the organization.

Followers Respect

The admiration and esteem that followers have for their leader, often based on the leader's qualities, actions, and integrity.

Reevaluate Perspectives

The process of reassessing and potentially altering one’s viewpoints or beliefs based on new information or changes in context.