Which, If Any, of the Following Transactions Will Decrease a Taxing

Multiple Choice

Which, if any, of the following transactions will decrease a taxing jurisdiction's ad valorem tax revenue imposed on real estate?

A) A tax holiday is granted to an out-of-state business that is searching for a new factory site.
B) An abandoned church is converted to a restaurant.
C) A public school is razed and turned into a city park.
D) A local university sells a dormitory for use as an apartment building.
E) None of the above.