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12-13-2004 Council Packet
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12-13-2004 Council Packet
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City of Orono <br />Tax Capacity, Ijocal Levy, & Tax Capacity Rates <br />^05 Over (Under) ^04 <br />TAX CAPACITY <br />Actual <br />2m <br />Estimated <br />2Q05 Amoiinl Percent <br />Real Estate $18,108,033 $21,341,620 $3,233,587 17.86% <br />Personal Property 120,534 132,587 12,053 10.00% <br />Deduct Tax Increments (60,625)(66,688)(6,063)10.00% <br />Deduct Contrib Fiscal Disp (279,146)(307,061)(27,915)10.00% <br />Add Distribution Fiscal Disp 219,720 241,692 21,972 10.00% <br />Net Tax Capacity (To calculate rate)$18,108,516 ..$21,342,15J_$3,233,635 17.86% <br />LOCAL LEVY <br />Total levy all funds $3,197,930 $3,461,670 $263,740 8.25% <br />TAX CAPACITY RATES <br />General Revenue 14.624%14.012%-o.6i:-4.19% <br />PIR Infrastucture-Storm Sewer / Roads 0.196%0.398%0.202%103.20% <br />Parks - Land Acquisition & Development 0.028%0.023%-0.005%-16.33% <br />Improve & iiquip • Capital l-!quipmcnt 0.690%0.000%-0.690%— <br />Debt Service 0.320%0.272%-0.048%-1 5.07% <br />HRA Building Bonds 1.379%1.171%-0.208%-15.06% <br />Fire Facility & Equipment Bonds Debt 0.404%0.343%-0.061%— <br />Total Local Tax Capacity Rate 17.641%^ 16.220%__ -J.421%-8.06% <br />il'PCETao^TAXCAri.U)
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