The most important parts is the effective property tax rate, Marketing Management

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The most important parts is the effective property tax rate

The most important parts is the effective property tax rate in district A and the following question. Consider the following scenarios for the fictional state of Inequity which consists of five local districts. Assume that Inequity has a gauranteed tax base school aid formula as follows:

Gi=B+(V*-Vi)ri

Use this formula to complete the table:

District assessed value Membership Operation mileage Revenue per pupil

A $40000000 1000 38

B 30000000 500 34

C 40000000 500 30

D 100000000 1000 34

E 96000000 800 28

What is the effective property tax rate in District Aif the assessment ratio in the state of Inequity is

a. 100%?

b. 40%

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