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5. SR 12-01-2008
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5. SR 12-01-2008
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12/9/2008 8:57:54 AM
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11/26/2008 10:58:56 AM
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12/1/2008
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Property Tax Change <br />Pwable 2008 <br />^ 'fax Rate - 42.494% <br />^ Levy - $10,761,311 <br />^ Total Taxable Tax <br />Capacity -25,324,612 <br />Proposed 2009 <br />^ Tax Rate - 43.210% <br />^ Levy - $11,230,878* <br />(4.36% Increase) <br />^ Total Taxable Tax <br />Capacity - 25,991,157 <br />(2.63% Increase) <br />* =Maximum levy pea 20091evy limirs is $11,477,816 <br />R <br />P <br />T <br />roperty <br />ax <br />ates <br />^ Actual 2008 ^ Proposed 2009 <br />^ City 42.494 ^ City 43.210* <br />^ P.DA 1.576 • E?DA 1.572 <br />• HRA 1.251 • HRA 1.2]9 <br />• Ref. ITMe~ .01436 • Re E. IVrrcel .0106 4 <br />• County 40.675 ^ CounTy 43.298 <br />• Rail 1.1(rl • Rail 1.232 <br />• School 32.344 • School 36.167 <br />• Ref. .1468$ • ReE .1417 1 <br />^ TOTAL 119.501 ^ TOTAL 126.861 <br />= Coonty TIF coaccaov of 0.16'% will be added ro final mx rare <br />Proposed City Taxes <br />Re~idantlal Propary <br /> Yropose0 t-_~.~~ated Percentage <br /> 2008 2009 Change Change <br />MaAat Value E 200,000 E 200,1M0 <br />Tar Capxity at 1% ~ 2,000 2,000 <br />City Tan Rate 42.49% 43.21 % <br />Tonal Cry Propery Tex E 849.88 S 864.20 E 14.32 166% <br />Commercial Pro <br />City Tan Rate 4269% d3.21% <br />On a 51,000,080 Propary E 1,000,000 E 1,000,000 <br />Taz CaPacitY 19,250 19,250 <br />Tobl CIy Property Ten 8,180.10 8,317.93 137.83 166% <br />1 <br />
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