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Dave here is the property tax dollar allocation as a rsult of the Mayor's Fiscal 2014 budget proposal.
Total property taxes = $218,213,000
City allocation = $99,568,368 or 45.6%
School Allocation = $118,644,632 or 54.4%
In 2007 the allocation was 63.9% schools and 36.1% city
Since 2007 $41,160,415 in new property tax dollars have been collected.
Of that amount $35,642,138 has been allocated to the city or 87%. $5,518,277 has been allocated to schools or 13%.
Overall General Funds Budget which includes state and federal revenue = $283,009,502
City allocation = $126,322,083 or 44.6%
School allocation = $156,687,219 or 55.4%
Please explain the inappropriate content below.