Definitions for the Table Continued

Property value per student

This is a measure of community wealth. Equalized, weighted, assessed property
valuation is divided by resident average daily membership. Figures are based on 1996-97 data.

Relative property tax capacity

This indicator shows the amount of taxable property wealth available to a municipality per capita. Thus, if a municipality has a large amount of property wealth and a small population, it would have a higher tax capacity than a municipality with the same amount of property wealth but a larger population. For educational purposes, the tax capacities of the cities and towns have been translated into district capacities in the regionalized school districts.

The tax capacity of each district is divided by the statewide capacity and then multiplied by 100. Districts that have smaller tax capacities than the statewide average have a number below 100. Districts with a tax capacity larger than the statewide average capacity will have a number larger than 100.

Relative tax effort

This indicator shows how heavily or lightly a district is taxed in relation to the rest of the state. The property tax of the municipality is divided by the statewide property tax rate for all municipalities and multiplied by 100. Thus, if a municipality taxes its property wealth at a rate lower than the statewide rate, the number will be smaller than 100.

Property tax rate per $1,000

The tax rate specifies the amount that is paid by a property owner for every $1,000 of assessed value.

---

Return to Top  ||   Return to the User's Guide Home Page

Return to the Information Works Home Page