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Taxes: Your town has a residential home base of 28,350 units with an average assessed home value of $140,000.The town collects an assessed rate of

Taxes:

Your town has a residential home base of 28,350 units with an average assessed home value of $140,000.The town collects an assessed rate of .115/100 of assessed value.Calculate the residential tax revenue

Businesses in your town generate approximately $150,000,000 in sales revenue.Your town applies a sales tax rate of 2.35%.Calculate the business tax revenue

Service Fees: You town provides trash/water/sewer services for its residents and businesses at a rate of $135/month. Your home base is 28,350 and your number of business is 400.Calculate the service fee revenue

IGAs: You town operates a landfill and changes $60.50 per ton for use of the landfill.There are currently three IGAs with other localities in effect 1 -50,000 ton per year 2 -7,500 tons per month 3 - 35,000 ton per quarter Calculate the IGA revenue

State Assistance: Your town has a population of 147,000 residents.The state provides you a formula assistance of $2 per person.Calculate the state assistance

Federal Assistance: Your town's population is broken down as follows: 40,000 under age 18 80,000 between the ages of 18 & 65 27,000 Over the age of 65 The federal government provides assistance in the amounts of $5,000 for every resident under age 18 and $3,500 for every resident over the age of 65.Calculate the federal assistance.

Grants: You town has received a grant to improve its water treatent plant.The grant is for $75,000,000 over five years to be used by the town to modernize your water treatment plan.Calculate the grant revenue for the next fiscal year.

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