Question

(a) The 20X7, 20X6, and 20X5 tax rates for the City of Yonker are:


The total assessed value for 20X7 was $88,400,000.
Compute the amount of taxes levied for each fund for 20X7.
(b) Collections were made in 20X7 as follows:
20X7 levy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,000,000
20X6 levy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000
20X5 levy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000
  $1,150,000
Compute the amount of collections applicable to each fund for eachyear.


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  • CreatedOctober 25, 2014
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