Posted: 25 May 2009 at 12:46 | IP Logged
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Sanju...Property Tax estimated to be uncollectible is the tax that is expected to be uncollectible at the time of levy of tax.
However the property tax delinquent is the actual uncollectible amount at year end (12/2006)
So for 2006, the Property Tax collected is
Propert Tax levied $ 9500,000
less Delinq Tax (150,000)
$ 9350,000
If the question had asked for Propert Tax Receivable it would have been $ 9400,000 (assuming the delinq amount was not provided)
__________________ Michelle/New Hampshire
BEC-80
REG-85
FAR-80
AUD-78
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