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Which of the following is NOT classified as a narcotic?
Proration
The allocation or division of financial amounts based on a proportionate distribution, often applied in billing, refunds, or dividends.
Taxable Year
The one-year period that is used for calculating taxes, which can be either a calendar year or a fiscal year.
Property Tax Rate
The percentage of the assessed value of real estate that is payable as tax to the local government.
Mills
In the context of property tax, a mill represents one-tenth of one cent. This unit of currency is often used in tax assessments and signifies the amount of tax payable per dollar of the assessed value of a property.
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