## Use UniProt to find a FASTA file of P11229 — the muscarinic acetylcholine receptor M1 — and use this to run a BLASTsearch in ChEMBL to see if there are any associated bioactivities.

##### Description

Questions for Section II Property Taxation and Forecasting Revised Schedule

Instructions—Your completed paper must be: 1. Double-spaced, saved as a PDF file and uploaded by the deadline indicated. 2. Adequately organized, chronologically numbered with a title page bearing your name and topic. Answer All Questions

Question 1

How is property defined in the context of taxation in Public Budgeting?  Discuss its different characteristics in taxation.

Question 2

The data on a medium-sized city for a fiscal year are summarized below.

Total Authorized Expenditure = \$12,500,000,000 Total Assessed Valuation = \$102,000,000,000  Revenues derived from non-property sources = \$8,600,000,000

1. You are required to use the above data to calculate the millage for this city.

2. Assume a family owns a residential property in this city’s jurisdiction.  Assume further that the assessed value for this property is \$140,000. There are no exemptions to be considered.  Calculate this family’s tax liability on this property.

Question 3

State and discuss three methods for forecasting non-property revenues in Public Budgeting. What are the disadvantages of each of these methods?  Use examples and illustrations in your response.

Question 4 (a) You are required to use any of the methods covered in your reading guide to forecast the revenue for fiscal year 2020.   Year          Revenue Category Y                            (\$ 000) 2012                370,000 2013                380,000 2014                309,900 2015                405,100 2016                405,000 2017                415,000 2018                420,000 2019                450,000

Show the calculations, assumptions and steps used to obtain the revenue estimate for fiscal year 2020.

(b) A model of the form: Rt = Bo + B1 (t), is used in forecasting revenues.  Assume an estimated model of the form presented below is obtained:

Rt  =  25,600 + 7,500 (t)   Assume further that t = 8.  What is the estimated revenue?