A school district has placed a tax levy on the ballot requesting 6.7 mills because a previous 4.9 mill levy is due to expire. The assessment rate in the district is 60%, and the total market value of property in the district is $768,000,000. How much additional funding will the new levy generate for the school district?

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The Answer of A school district has placed a tax levy on the ballot requesting 6.7 mills because a previous 4.9 mill levy is due to expire. The assessment rate in the district is 60%, and the total market value of property in the district is $768,000,000. How much additional funding will the new levy generate for the school district?

A School District Has Placed a Tax Levy on the Ballot