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AIBC LO 2,5 E3-23. (Recording the adopted budget; determining property tax rate) Following are (a) a condensed summary of the General Fund budget adopted by
AIBC LO 2,5 E3-23. (Recording the adopted budget; determining property tax rate) Following are (a) a condensed summary of the General Fund budget adopted by the village of Croton- on-Hudson, New York for the fiscal year 2017-2018, and (b) the total assessed value of taxable proper ties in the village Prepare the journal entry to record the budget and compute the property tax rate per $1.000 of taxable assessed value. Estimated revenues and other sources Real property taxes .... Non-property taxes and other... Total estimated revenues .. Appropriated previously accumulated fund balance. Total estimated revenues and other sources $11,474,943 7,126,817 18,601,760 425,000 $19,026,760 Appropriations Police department.. All other departments and other.. Employee benefits Transfer to debt service fund .. Total appropriations $3,195,140 8,869,106 4,536,121 2,426,393 $19,026,760 $44,615,183 Assessed value of taxable real property
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