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.

Transcribed Image Text:

Rate per $100 of Assessed Value 20x7 20X6 20x3 S1.20 .09 16 $1.45 General Fund Library Fund Municipal Bonds-Redemptions $1.00 09 20 $1.10 CH S1.29 137 145