Question

A homeowner receives a tax bill that includes an amount for the school district, taxed at $9.00 per $1,000, and the fire protection district, taxed at $3.00 per $1,000. How much does the taxpayer have to pay for these two items if the property's taxable value is $336,000?

a. $4,032
b. $3,024
c. $8,064
d. $5,040

Answer 1

The taxpayer has to pay a total of $4,032 for the school district and the fire protection district.

Step-by-step explanation:

To calculate the amount the taxpayer has to pay for the school district and the fire protection district, we need to multiply the taxable value of the property by the tax rates for each district.

The amount for the school district is calculated as follows: $9.00 per $1,000 x $336,000 = $3,024

The amount for the fire protection district is calculated as follows: $3.00 per $1,000 x $336,000 = $1,008

Therefore, the taxpayer has to pay a total of $3,024 + $1,008 = $4,032 for these two items.