<br />PRELIMINARY LEVY SAMPLE
<br />FOR TAXES PAYABLE 2007
<br />
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<br />
<br />Final NTC -March 2006
<br />
<br />NTC
<br />20,085,784
<br />
<br />Levy
<br />8,823,793
<br />
<br />Tax Rate
<br />43.931 %
<br />
<br />Avail. For 2006
<br />General Fund General Fund
<br />Tax Levy Tax Levy
<br />
<br />Increase
<br />
<br />5% NTC Increase
<br /> Proposed Levy 21,090,073 1,488,025 7.056%
<br /> 2005 Tax Rate 21,090,073 9,229,649 43.763% 7,741,624 7,220,500
<br />8% NTC Increase
<br /> Proposed Levy 21,692,647 1,488,025 6.860%
<br /> 2005 Tax Rate 21,692,647 9,493,353 43.763% 8,005,328 7,220,500
<br />9% NTC Increase
<br /> Proposed Levy 21,893,505 1,488,025 6.797%
<br /> 2005 Tax Rate 21,893,505 9,581,254 43.763% 8,093,229 7,220,500
<br />10% NTC Increase
<br /> Proposed Levy 22,094,362 1,488,025 6.735%
<br /> 2005 Tax Rate 22,094,362 9,669,156 43.763% 8,181,131 7,220,500
<br />
<br />521,124
<br />
<br />784,828
<br />
<br />872,729
<br />
<br />960,631
<br />
<br /> Market Value Levv % Total Levv
<br />EDA 1,786,411,900 0.01813% 323,876.48
<br /> 5% increase in MV 1,875,732,495 0.01813% 340,070.30
<br /> 7% increase in MV 1,911,460,733 0.01813% 346,547.83
<br /> 10% Increase in MV 1,965,053,090 0.01813% 356,264.13
<br /> County Estimated MV 1,788,227,700 0.01813% 324,205:68
<br />HRA 1,786,411,900 0.0131% 234,019.96
<br /> 5% increase in MV 1,875,732,495 0.01310% 245,720.96
<br /> 7% increase in MV 1,911,460,733 0.01310% 250,401.36
<br /> 10% Increase in MV 1,965,053,090 0.01310% 257,421.95
<br /> County Estimated MV 1,788,227,700 0.01310% 234,257.83
<br />
<br />Estimated Market Value Increase for Payable 2007 is 10.9%
<br />Of this increase 4.2% is from increases in existing property values
<br />6.7% is from new construction.
<br />
<br />Estimated NTC increase is around 9%.
<br />
<br />(Data from Sherburne County Assessor on 8/4/06)
<br />
<br />8/14/2006
<br />Tax Levy.xls
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