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lukaswelker
- Senior | Next Rank: 100 Posts
- Posts: 65
- Joined: Wed Mar 26, 2014 6:56 am
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Hey Guys
About the following question,
The total market value of real estate in Altonville has steadily declined over the past 4 years. This decline has meant that the overall figure on which the city's property tax is based - the assessed value of that real estate- has also declined. The percentage of assessed value that was paid as property taxes to the city, however, did not change from year to year during this period.
The information above most strongly support which of the following?
The percentage of Altonville yearly revenue that comes from money collected in property taxes has declined steadily over the last 4 years.
The amount of revenue that Altonville collected from property taxes was lower last year than it was 4 years ago
In my opinion both are correct answers, I just don't see where the second one is strongly supported than the first one.
Any suggestions?
Many thanks
Lukas
About the following question,
The total market value of real estate in Altonville has steadily declined over the past 4 years. This decline has meant that the overall figure on which the city's property tax is based - the assessed value of that real estate- has also declined. The percentage of assessed value that was paid as property taxes to the city, however, did not change from year to year during this period.
The information above most strongly support which of the following?
The percentage of Altonville yearly revenue that comes from money collected in property taxes has declined steadily over the last 4 years.
The amount of revenue that Altonville collected from property taxes was lower last year than it was 4 years ago
In my opinion both are correct answers, I just don't see where the second one is strongly supported than the first one.
Any suggestions?
Many thanks
Lukas
