School district A has an assessed valuation of taxable property of $49, 410,000 . It has 5,400 public school pupils. School District B has an assessed valuation of taxable property of $86,260,000 and 9, 500 public school pupils.
Which district has the greater ability to support its schools ?
In problem 13 , how much greater?
2007-07-21 09:53:07 · 2 answers · asked by sharon s 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Not enough information given. You give the assessed value, but not the tax rate on that value, so there's no way to know how much each district would collect.
If you assume that they collect taxes at the same rate, then district A would collect more per student. But since each district can have a different tax rate, that's not a good assumption at all.
If you assume that the numbers given are the taxes collected each year (that's not what the problem says though), then district A would collect $9150 per student per year, and B would collect $9080.
Assessed valuation means how much total is the property in the district worth. That number is multiplied by the tax rate to get the actual tax amount.
2007-07-21 14:16:31 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
Sounds like mathematical calculations would help. But who knows, are you saying more money per person is greater ability to support schools? For all I know less money may help the children. Not all learning is $$$ related.
2007-07-21 16:58:50 · answer #2 · answered by dumb 6 · 0⤊ 0⤋