In 2015 the property tax rate in the city of bloomington in, Financial Accounting

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In 2015 the property tax rate in the city of bloomington in

In 2015 the property tax rate in the city of Bloomington, IN was 2.0858%, while the median in Indiana was 1.89%. a. What is the likely effect on property values in Bloomington? b. What would the likely effect be of reducing the property tax rate in Bloomington to 1.3%?

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