City of Austin – CAFR” You will need to access the City of Austin CAFR - FY2014

https://assets.austintexas.gov/financeonline/downloads/cafr/cafr2014.pdf

Review the Comprehensive Annual Financial Report (CAFR) that you obtained. (Austin Tx) 6.

What is the government's property tax rate?

7. At what percentage of fair market values is real property assessed?

8. When are property taxes due? When do interest and penalties begin to accrue?

9. By what percentage sis each of the three largest sources of tax revenue increase over the last ten years?

10. Did the government generate revenue from traffic fines? As best you can tell, are these revenues reported in the government-wide statements as program revenues ( e.g., associated with police or public safety) or as general revenues?

11. What is the total fund balance in the general fund? Can this amount be appropriated and spent for any purpose? Explain.

Answer rating: 100% (QA)

Ans O The city of Austin classifies its governmental Expenditures by Function the cdassifications fo... View the full answer