Question 1139042
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The two statements are equivalent.<br>
According to statement b, the new rate of $9.33 per $1000 of value is a 12% tax hike -- i.e., $9.33 per $1000 of value is 112% of the previous rate.  So the previous rate was<br>
{{{9.33/1.12 = 8.33}}}<br>
So the old property tax rate was 8.33/1000 = 0.00833; the new tax rate is 9.33/1000 = 0.0093; the increase in the property tax rate is 0.0093-0.0083 = 0.001 = 0.1%.