Question

• A street is to be paved and gutters installed in front of your property. The city assesses property owners 75% of the cost of such improvements, which is estimated at $60 per running foot. Your property has 100 feet of frontage on one side of the street.. How much will be your special assessment? . • Calculate the tax rate for a city based on the following estimates: Forecast expenditures $70,000,000 ons Non-property tax income 15,000,000 ve Total property values 3,000,000,000 Ultra Tax exempt properties 100,000,000

Answer 1

Special Assessment- 100*$60= $6000

Property owners own= 75℅= $4500

Since it is not mentioned which of the multiple questions to be answered, we are solving the first question.