Wednesday 25 March 2015

Grade 5: Budgets

This is the last part of the city portion of you project! Great work so far, you should be very proud of yourselves.

Today you are going to look at you town/city budget.  A budget is a break down where money is spent and how much money comes in.  Ideally, you don't want to spend more money then you have coming in.

Each city/town should make available its budget, but it might take some digging around the website to find.  If you get stuck I can help.

The first thing I want you to do is make a pie chart showing the top three things your city spends it money on.  The rest you can add up and put in other.

For example here is the 2015 Collingwood budget. On page 12 is a good summary of where the money is being spent.  Pick the top three largest expenses and make it into a pie chart using this Pie chart maker. When you're done print it.



Here is an example of the one I made for Collingwood













Finally, find out how much money your city collects in taxes.  Cities collect taxes from each person who owns a home in that city.  This is called property tax and the amount you pay depends of how much your house is worth.

This is Due April 3

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