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<br /> % INCREASE IN TAX RATE <br /> URBAN 10.85% 5.58% 3.60% <br /> RURAL 56.74% 49.30% 46.51 % <br /> $ INCREASE IN TAX DUE <br /> (Based on a NTC of 1,000l <br /> URBAN $23.31 $15.67 $11.47 $7.41 <br /> RURAL $74.46 $68.49 $64.69 $61.03 <br /> -r <br /> - ~, \ ~ 0 <br />e ASSUMING $215.000 GROSS TAX LEVY INCREASE <br /> Actual 1994 - 0% 1994 - 3% 1994 - 5% 1994 - 7% <br /> 1993 Growth Growth Growth Gro~n/ <br /> .f-\(~(p <br /> 20.560 23.172 22.499 22.070 21.659 <br /> ~? 20.913 20.305 1 9.~r1 8 19.547 <br /> " <br /> % INCREASE IN TAX RATE """ <br /> ~O% / -- <br /> URBAN 9.~3'% 7.34% 5.35% <br /> RURAL 59.3~ ~4. 74% 51.79% 48.96% <br /> ", <br /> ,:~";'.... <br /> .....,,,..., <br /> $ INCREASE IN TAX DUE "'.. , <br /> ,/ ,/ " <br /> (Based on a NTC of 1,000l ',"" , <br /> '. <br /> URBAN $19.39 '-."" $15.10 $10.99 <br /> RURAL $71.83 $61,,96 $64.25 <br /> " <br /> <br />. <br /> <br />e <br /> <br />FOR DISCUSSION ONLY <br /> <br />Att~ . <br />~~i'j.t+ <br />V~s t~S"< io~ <; <br />-.\- <br />YO -\e,.5 <br /> <br />1994 TAX LEVY, TAX RATE AND STATE AID DATA <br /> <br />THE 1994 GROSS LEVY IS PROPOSED TO INCREASE $185,000. THE TAX RATIO WAS CHANGED <br />TO .9 FOR 1994. THE NET TAX CAPACITY FOR 1994 TAXES IS NOT AVAILABLE FROM <br />SHERBURNE COUNTY. THEREFORE, TAX RATES HAVE BEEN CALCULATED BASED ON <br />SEVERAL ASSUMED NTC GROWTH RATES: 0%; 3%; 5%; & 7%. <br /> <br />Actual '1994 - 0% 1994 - 3%~~1994 - 5% 1994 - 7% <br />1993 Growth Growth '\i Growth Growth <br />'\" <br />1\ \..~ <br />22.127 .,~. 21.707 <br />19.971 19.591 <br /> <br />TAX RATE <br />URBAN <br />RURAL <br /> <br />20.560 <br />13.122 <br /> <br />22.791 <br />20.568 <br /> <br />21.301 <br />19.225 <br /> <br /> <br /> <br /> <br /> <br />The Tax Ra l1/ncrease in Tax Rate and $/ncrease in Tax Due are all estimates and will <br />chanQebased on the fina/1994 NTC as determined bv Sherburne County. <br /> <br />Page 2 <br />