1. If a city is taxing property at the maximum rate allowed and then the assessed valuation of property in the city increases, which of the following can be expected to happen if the state does not allow an increase in the property tax levy? A) Property tax rates increase. B) The property tax levy increases. C) Property tax rates decrease.

2. A statewide property tax levy freeze: A) would allow property tax revenue to grow as rapidly as the growth in assessed value. B) would require that all local jurisdictions in the state have the same property tax rate. C) would limit local expenditure growth to that financed by non-property tax revenue.