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09-12-2022 Council Work Session Packet
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09-12-2022 Council Work Session Packet
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12/8/2022 2:10:49 PM
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City of Orono <br />Tax Rate <br /> 2023 Over / Under 2022 <br />Actual Estimated <br />TAX CAPACITY 2022 2023 Amount Percent <br />Net Tax Capacity (Adj Net Tax Capacity)$41,292,267 $50,000,000 $8,707,733 21.09% <br />LOCAL LEVY <br />Total levy all funds $6,944,776 $8,387,000 $1,442,224 20.77% <br /> <br /> <br />TAX CAPACITY RATES <br />General Revenue 12.09%11.28%-0.81 <br /> Building Fund 0.91%0.75%-0.16 <br /> Pavement Management 2.18%2.00%-0.18 <br /> Parks 0.24%0.30%0.06 <br /> Community Investment 0.00%0.44%0.44 <br /> GO Improvement 2014 0.39%0.48%0.09 <br /> GO Improvement 2016 1.01%0.00%-1.01 <br /> GO Improvement 2021 0.00%1.52%1.52 <br />Total Local Tax Capacity Rate 16.82%16.77%-0.04 <br /> <br /> <br />Tax Levy and Rate <br />Page 2
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