Centerville City Council Is in the Process of Developing City

Essay

Centerville city council is in the process of developing city tax rates. The annual tax base for real estate property is $750 million and for general sales, $80 million. Annual local gas consumption is estimated at 12 million gallons. They have three goals, listed in order of priority:
1. Tax revenues must be at least $25 million to meet the city's financial commitments.
2. Sales tax cannot exceed 25% of all taxes collected.
3. Gasoline tax cannot exceed 8 cents per gallon.
Formulate as a goal programming problem.