The total market value of real estate in Altonville has steadily declined over the past four 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. Moreover, the percentage of assessed value that was paid as property taxes to the city did not change during this period.
The information above most strongly supports which of the following?
The total market value of real estate in Altonville has steadily declined over the past four 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. Moreover, the percentage of assessed value that was paid as property taxes to the city did not change during this period.
The information above most strongly supports which of the following?
A.Money collected from property taxes provided most of Altonville’s revenue during the past four years.
B.The percentage of Altonville’s overall revenue that was collected from property taxes did not change over the past four years.
C.Altonville officials had proposed raising property tax rates during the past four years but never did so because of strong opposition from property owners.
D.The total amount of revenue that Altonville has collected from property taxes has declined over the past four years.
E.During the past four years, Altonville officials also did not increase tax rates on other sources of revenue such as retail sales or business profits.
The total market value of real estate in Altonville has steadily declined over the past four 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 supports which of the following?
1The percentage of Altonville’s yearly revenue that comes from money collected in property taxes did not change over the past four years. 2The percentage of Altonville’s yearly revenue that comes from money collected in property taxes has declined steadily over the past four years. 3The amount of revenue that Altonville collected from property taxes was lower last year than it was four years ago. 4During the past four years, Altonville officials increased tax rates on other sources of revenue such as retail sales and business profits. 5 Altonville will soon require property owners to pay a higher percentage of the assessed value of their property as property tax.Compare with an old edition of this question listed below.There are many tiny changes in the main body of the question and its answer choices.