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
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:
11. Which district has the greater ability to support its schools?
12. How much greater?
Questions 13 through 16:
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:
13. Who pays the greater tax?
14. How much greater?
15. 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?
16. How much greater?
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