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08-11-2009 Council Work Session Packet
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08-11-2009 Council Work Session Packet
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Effect of 2010 Tax Levy & �3udget on Homes <br /> ; <br /> I I <br /> , <br /> Market Value for 2009 Taxes 500 000 �1,000,000 <br /> 2009 2010 2009 2010 ; <br /> ,I <br /> i <br /> Estimated Market Value 500 000 500 000 $1,000,000 $1,000,000 I� <br /> i <br /> Tax Capacity(Net) * 5,000 5,000 1 1,250 1 1,250 j <br /> � <br /> � <br /> I <br /> Tax Capacity Rate 13.183% 13.536% 13.183% 13.536% ' <br /> Net '1'ax $659.15 $676.80 $1,483.09 $1,522.80 <br /> $ Increase(Decrease) from 2008 $17.65 $39.71 <br /> % Increase (Decrease)from 2008 2.7% 2.7% <br /> ; <br /> * Tax Capacity(net)= 1%of first$500,000 market value, plus 1.25%of all value over$500,000 ; <br /> i <br /> _ i�inance\BUDGE�112006\Caxeffec123 � � <br /> • I <br />
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