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(43) Crazy Quilt County Council has the following information concerning the next fiscal year's budget. Calculate the mill rate that will balance the budget. Assume
(43) Crazy Quilt County Council has the following information concerning the next fiscal year's budget. Calculate the mill rate that will balance the budget. Assume that the delinquency rate is insignificant and therefore immaterial to your computations. (10 points) Planned Expenditure Total Market Value of Property Assessment Ratio $27,560,900 $781,250,000 60% Sales Tax Revenue User Charge Revenue Income Tax Revenue Miscellaneous Revenue $4,500,000 1,650,000 1,800,000 900,000
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