Business, 10.09.2021 16:50 lovelyheart5337

Recording the adopted budget; determining property tax rate Following are (a) a condensed summary of a recent General Fund budget adopted by the village of Croton-on-Hudson, New York, and (b) the total assessed value of taxable properties in the village. Estimated revenues and other sources
Real property taxes $15,491,173
Non-property taxes and other 9,621,203
Total estimated revenues 25,112,376
Appropriated previously accumulated fund balance 573,750
Total estimated revenues and other sources $25,686,126
Appropriations Police department $4,313,439
All other departments and other 11,973,293
Employee benefits 6,123,763
Transfer to debt service fund 3,275,631
Total appropriations $25,686,126
Assessed value of taxable real property $60,230,497

Required:
Prepare the journal entry to record the budget and compute the property tax rate per $1,000 of taxable assessed value.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 03:40

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production

Answers: 3

Answer

Business, 22.06.2019 07:50

The questions of economics address which of the following ? check all that apply

Answers: 3

Answer

Business, 22.06.2019 19:00

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.

Answers: 2

Answer

Business, 22.06.2019 19:50

Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32

Answers: 1

Answer

You know the right answer?

Recording the adopted budget; determining property tax rate Following are (a) a condensed summary of...

Questions