How much does the average citizen pay based on the above tax rate?
Washington County has set the assessed value of a residential property at 20% of its fair market value. The City’s tax levy is taken times this assessed valuation. For example, an individual who owns a home with an actual value of $160,000 would pay the following to the City:

$160,000 x 20% = $32,000 assessed valuation
$32,000 divided by $100 = $320 x $0.23 = $73.60

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1. What is the City's total budget?
2. What is a City budget?
3. How is the City's budget developed?
4. What are "funds" and why does the City have them?
5. What is the General Fund portion of the City's budget?
6. What is an Enterprise Fund?
7. What is the difference between a department, a division and a program in the City's budget?
8. What is a property tax? What is the City's current property tax rate for operations?
9. How much does the average citizen pay based on the above tax rate?
10. What is the total sales tax rate in Fayetteville?
11. What is the total number of City positions?
12. What is a full-time equivalent position (FTE)?
13. What is the CIP (Capital Improvements Plan)?
14. What is the difference between the capital budget and the operating budget?
15. What are the responsibilities of the Budget & Information Management Division of the Finance & Internal Services Department?
16. How do I get involved in the budget process?
17. What is the population of Fayetteville?
18. What is the largest source of revenue for the City?
19. How do I get a copy of the city budget?