|
The following charts show related
information about the district municipalities’ ability
to generate revenue to support their municipal services,
including their schools, against their efforts to do so.
The data are supplied by the RI Department of
Administration, Office of Municipal Affairs and is
updated annually. We thank that office for its
cooperation and help.
Property value per student versus district tax rate
Download
Residential Property Value Per Student Compared to Tax
Rate in PDF (11 KB)
What you are looking at:
The property value per pupil is calculated by dividing
the total assessed value for all the property in the
district by the average daily enrollment of public
school students residing in that district. The tax rate
is set by the local government, expressed as a dollar
rate per $1,000 of property value. Thus a $10.00 tax
rate on a $100,000 home will raise $1,000 in tax
revenue. A house valued at $50,000 will raise only half
that amount, or $500. A poorer community, whose houses
have an average value of $50,000 will have to raise its
tax rate to $20.00 per $1,000 in order to generate
$1,000.
What you are looking for:
You notice the inequities among the 36 districts
resulting from the value of their residential property.
Municipal salaries, such as those of teachers, cost
roughly the same from community to community, so poor
communities must tax their citizens at much higher rates
to generate the same amount of revenue as wealthier
communities.
Back to Table of Contents
|
