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11-24-2009 Council Work Session Packet
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11-24-2009 Council Work Session Packet
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City of Orono <br /> Tax Capacity, Local Levy, & Tax Capacity Rates <br /> 2011 Over/ Under 2010 <br /> Proposed Estimated <br /> TAX CAPACITY 2010 2011 Amount Percent <br /> Net Tax Capacity (To calculate rate) $33,865,338 $31,156,110 -$2,709,228 -8.00% <br /> LOCAL LEVY <br /> Total levy all funds $4,665,880 $4,813,808 $147,928 3.17% <br /> TAX CAPACITY RATES Tax Levv <br /> General Revenue 11.486% 12.945% 1.459% 4,033,208 <br /> PIR Infrastucture-Storm Sewer/ Ro 0.000% 0.000% 0.000% 0 <br /> Parks - Land Acquisition & Development 0.015% 0.016% 0.001% 5,000 <br /> Debt Service 1.124% 1.135% 0.011% 353,500 <br /> Fire Facility & Equipment Bonds Debt 0.636% 0.713% 0.077% 222,100 <br /> Big Island Vets Camp Bonds Debt 0.517% 0.642% 0.125% 200,000 <br /> Total Local Tax Capacity Rate 13.778% 15.451% 1.673% 4•813•808 <br />
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