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The property consists of a business in the Portage--Portage Township taxing district with an assessed value of $300,000 and no deductions. AV (300,000) X tax rate per $100 AV (0.28146) = $8,443.80 tax. (Note: Businesses generally fall in the 3% tax cap category so the tax in this example would be capped at $9,000.

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