Expand mobile version menu

Real-Life Activities

Real-Life Math

"As a city administrator, you need to have quick math skills. You are balancing many budgets in your everyday life. You need to have the ability to give financial forecasts and statements without searching through your files," says city manager Judy Rogers.

You have yearly budgets to predict and present to city council. During the course of the year, you will stay in tune with expenses and incoming income to make sure your budget doesn't go over what you originally projected. You also have to find ways to increase revenues.

Your budget for the current fiscal year was just over $108 million. That's $2.2 million more than last year.

The property tax rate was $1.93 per $100 of assessed property value this year. In the new budget, the rate would be $2.34 per $100 of assessed property.

  1. How much did the property tax rate increase?
  2. Your office building has a value of $147,000. What will be your new tax bill next year? How does it compare to the current year?
  3. Following the same rate increase, what will be the amount of your tax bill two years from now?

Contact

  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733

Support