|
TAX RATES
<br />Total Tax Rate
<br />School Market Value Rate
<br />Education Hmst. Ct.
<br />City Tax Rate
<br />
<br /> 1998
<br />111.504%
<br />0.05131%
<br /> 11.173%
<br /> 26.255%
<br />
<br /> TAXES PAYABLe' ~999 ESTIMATES
<br /> Based on November , 1998, County Data
<br />
<br />Proposed
<br /> 1999
<br /> 121.478%
<br /> 0.13616%
<br /> 24.342%
<br /> 29.152%
<br />
<br />Residential Homestead Sample Properties
<br />
<br />Year 1999 1998
<br />Market Value 90,000 90,000
<br />NTC 1,005 1,028
<br />NCT Tax 1,220.85 l, 145.70
<br />MV Tax 122.54 46.18
<br />Hmst. Ed. Credit 244.64 114.80
<br />Estimated 1999 Tax
<br />1999 City Tax
<br />
<br />Change in total
<br />
<br />Change in City share
<br />
<br /> 1999
<br /> 120,000
<br /> 1,515
<br />1,840.39
<br /> 163.39
<br /> 320.00
<br />
<br /> 1998
<br /> 120,000
<br /> 1,583
<br />1,764.55
<br /> 61.57
<br /> 176.81
<br />
<br /> 1999
<br /> 160,000
<br /> 2,195
<br />2,666.44
<br /> 217.86
<br /> 320.00
<br />
<br /> 1998
<br /> 160,000
<br /> 2,323
<br />2,589.68
<br /> 82.10
<br /> 225.00
<br />
<br /> 1999
<br /> 2OO,O0O
<br /> 2,875
<br />3,492.49
<br /> 272.32
<br /> 320.00
<br />
<br />1,098.76 1,077.08 1,683.78 1,649.31 2,564.30 2,446.78 3,444.81 3,292.43
<br />292.98 269.77 441.65 415.49 639.89 609.77 838.12 804.06
<br />
<br />$ 21.68
<br /> 2.01%
<br />$ 23.21
<br /> 8.60%
<br />
<br />$ 34.47
<br /> 2.09%
<br />$ 26.17
<br /> 6.30%
<br />
<br />$ 117.52
<br /> 4.80%
<br />$ 30.11
<br /> 4.94%
<br />
<br />$ 152.38
<br /> 4.63%
<br />$ 34.06
<br /> 4.24%
<br />
<br />Commercial/Industrial Sample Properties
<br />
<br />Year
<br />Market Value
<br />NTC
<br /> NCT Tax
<br /> MV Tax
<br />Hmst. Ed. Credit
<br />Estimated 1999 Tax
<br />1999 City Tax
<br />
<br />Change in total
<br />
<br />Change in City share
<br />
<br />$
<br />
<br />$
<br />
<br />1999 1998
<br />150,000 150,000
<br />3,675 4,050
<br />4,464.32 4,515.91
<br />204.24 76.97
<br />
<br /> 1999
<br /> 300,000
<br /> 8,925
<br />10,841.91
<br /> 408.48
<br />
<br /> 1998
<br /> 300,000
<br /> 10,050
<br />11,206.15
<br /> 153.93
<br />
<br />1999
<br />1,000,000
<br /> 33,425
<br />40,604.02
<br /> 1,361.60
<br />
<br />!998
<br />1,000,000
<br /> 38,050
<br />42,427.27
<br /> 513.10
<br />
<br />1999
<br />1,500,000
<br /> 50,925
<br />61,862.67
<br /> 2,042.40
<br />
<br /> 1998
<br /> 200,000
<br /> 3,063
<br />3,414.81
<br /> 102.62
<br /> 225.00
<br />
<br />1998
<br />1,500,000
<br /> 58,050
<br />64,728.07
<br /> 769.65
<br />
<br />4,668.56 4,592.88 11,250.39 11,360.08 41,965.62 42,940.37 63,905.07 65,497.72
<br />1,071.34 1,063.33 2,601.82 2,638.63 9,744.06 9,990.03 14,845.66 15,241.03
<br />
<br />$ (974.75)
<br />-2.27%
<br />$ (245.97)
<br />-2.46%
<br />
<br />$(1,592.65)
<br />-2.43%
<br />$ (395.37)
<br />-2.59%
<br />
<br />75.68
<br />1.65%
<br />8.01
<br />0.75%
<br />
<br />$ (109.69)
<br />-0.97%
<br />$ (36.81)
<br />- 1.40%
<br />
<br />11/23/98
<br />
<br />
<br />
|