Budgeted town expenditures

Reference no: EM131194453

Budgeted town expenditures: \$15,000,000.00 Estimated non-property tax revenues: \$11,000,000.00 Appraised value of property: \$200,000,000.00 Total exemptions for the elderly: \$8,000,000.00 Assessment ratio: 60%

The Johnson family has property with an appraised value of \$90,000.00. The family is not entitled to any exemptions. Calculate their 2009 property tax bill. Their 2009 property tax bill is \$_____________.

Reference no: EM131194453

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