Which district has the greater ability to support school

Assignment Help Accounting Basics

Reference no: EM132094705

Question: School district A has an assessed valuation of taxable property of $49,410,000. It has 5,400 public school students. School District B has an assessed valuation of taxable property of $86,260,000 and 9,500 public school pupils. Using this information answer the following:

1. Which district has the greater ability to support its schools?

2. How much greater?

Questions 4 through 7:

Jane Miller has a house assessed at $45,000 (45 percent of its sale value). Her tax rate is $4.20 per $100 AV. Tom Gale has a house assessed at $55,000 (50 percent of its sale value). His tax rate is 35.25 mills. Using this information answer the following:

4. Who pays the greater tax?

5. How much greater?

6. If both houses were taxed on full market (sale) value with a true tax rate of 23.3 mills, who would pay the greater tax?

7. How much greater?

Reference no: EM132094705

Questions Cloud

Discuss the falling crime rates in our society : Discuss the falling crime rates in our society. What policies may have influenced these rates?

Formal or informal leader was effective at motivating people : Think about a situation you have experienced in which a formal or informal leader was effective at motivating people, and another situation in which a leader

Describe the purpose of netflix : Describe the purpose of Netflix, its reason for existence in the marketplace, and other general information about the organization, operations.

Responsive with proactive market orientation : Compare and contrast a responsive with a proactive market orientation.

Which district has the greater ability to support school : School district A has an assessed valuation of taxable property of $49,410,000. It has 5,400 public school students. School District B has an assessed valuation

Idea for new business is online based cleaners : My idea for a new business is an online based cleaners (clothes cleaning business) that provides service to homes and businesses.

Applying the five forces model to an international business : What unique challenges might one encounter while applying the five forces model to an international business environment such as the one described in the case

Hourly paid staff of domino pizza franchise : Develop a plan for determining the training needs of the hourly paid staff of a Domino’s pizza franchise.

Read the case for critical analysis five stars : Read the Case For Critical Analysis Five Stars at the end of the Chapter 15. Use the principles and concepts in the chapter to answer the following:

User Account

All Pages