Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The village of Indian Point collected $11,350,000 of property taxes during calendar year 2022. Of that amount $11,220,000 pertained to the tax levy for 2022;

The village of Indian Point collected $11,350,000 of property taxes during calendar year 2022. Of that amount $11,220,000 pertained to the tax levy for 2022; the other $130,000 represented collections of prior year tax delinquencies. The real property tax levy for 2022 was $11,920,000. What is Indian Points property tax collection rate for 2022?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting, Chapters 1- 15

Authors: James A. Heintz, Robert W. Parry

23rd Edition

0357391942, 9780357391945

More Books

Students also viewed these Accounting questions

Question

What are typical elements in a charter?

Answered: 1 week ago

Question

How do todays organizations diff er from those of earlier eras?

Answered: 1 week ago