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The following data are for the town of Paragon ( Paragon is required to produce a balanced budget ) in the fiscal year ending June
The following data are for the town of Paragon Paragon is required to produce a balanced budget in the fiscal year ending June :
Budgeted town expenditures: $
Estimated nonproperty tax revenues: $
Appraised value of property: $
Total exemptions for the elderly: $
Assessment ratio:
The Johnson family lives in the town of Paragon. The family owns a property with an appraised value of $ The family is not entitled to any exemptions. Calculate their property tax bill.
Their property tax bill is $
Note: Please provide the numerical answer without the dollar sign and the comma sign ie Also, round your answer to two decimal places.
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