Laserfiche WebLink
Actual Actual Actual Actual <br />2021 2021 2021 2021 <br />Value $250,000 $237,500 $500,000 $475,000 $1,000,000 $950,000 $2,000,000 $1,900,000 <br />MVE $14,740 $15,865 $0 $0 $0 <br />Tax Value $235,260 $221,635 $500,000 $475,000 $1,000,000 $950,000 $2,000,000 $1,900,000 <br />5.05%5.05%5.05%5.05% <br />2,353 2,216 5,000 4,688 11,250 10,625 23,750 22,500 <br />16.780%16.780%16.780%16.780%16.780%16.780%16.780%16.780% <br />$394.77 $371.90 $839.00 $786.56 $1,887.75 $1,782.88 $3,985.25 $3,775.50 <br />-$22.86 -$52.44 -$104.88 -$209.75 <br />-5.79%-6.25%-5.56%-5.26% <br /> <br />* Tax Capacity (net) = 1% of first $500,000 market value, plus 1.25% of all value over $500,000 <br />** Assumes a 5.0% decrease in value <br /> <br />% Increase from 2020 <br />$ Increase from 2020 <br />Effect of 2021 Tax Levy & Budget on Residential Properties <br />5.0% Decrease in Value <br />Tax Capacity (Net) * <br />Tax Capacity Rate <br />Net City Tax <br />Estimated <br />2022 <br />Levy Increase <br />Estimated <br />2022 <br />Estimated <br />2022 <br />Estimated <br />2022 <br />City of Orono - 2022 Budget Information <br /> <br />Page 5