The School Board in a Municipality Will Require an Extra

question 337

Essay

The school board in a municipality will require an extra $2,430,000 for its operating budget next year. The current mill rate for the school tax component of property taxes is 7.1253. a) If the total of the assessed values of properties in the municipality remains at the current figure of $6.78 billion, at what value must next year's school mill rate be set? b) If the total of all assessed values rises by 5% over this year's aggregate assessment, at what value must next year's school mill rate be set?

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Definitions:

Continuity

A Gestalt principle of perception; the tendency to perceive things as simply as possible with a continuous pattern rather than with a complex, broken-up pattern.

Depth Perception

The visual ability to perceive the world in three dimensions, enabling the estimation of distances.

Contiguity

The state of being close together in time or space, often used in psychology to describe how stimuli or events are associated through their proximity.

Figure-Ground Relationships

A visual perception principle that describes how people distinguish between an object (the figure) and its surrounding area (the ground).