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12-13-2004 Council Packet
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12-13-2004 Council Packet
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Market Value for 2004 |Ttnt£S <br />liffect of 2005 'I'ax Levy & Budget on I lomes <br />$300,000 $800.000 <br />2004 2005 <br />5% incr <br />2m <br />10% incr <br />2004 •2005 <br />5% incr <br />2005 <br />10% incr <br />Eitimatcd Market Value $300,000 $315,000 $330,000 $800,000 $840,000 $880,000 <br />Tax Capacity (Net) ♦3,000 3,150 3,300 8,750 9,250 9,750 <br />Tax Capacity Rate 17.641%16.220%16.220%17.641%16.220%16.220% <br />Net Tax $529.23 $510.93 $535.26 $1,543.59 $1,500.35 $1,581.45 <br />$ Increase (Decrease) from 2004 —($18.30)$6.03 ($43.24)$37.86 <br />% Increase (Decrease) from 2004 ..-3.5%1.1%-2.8%2.5% <br />♦ 2004 Tax Capacity (net) = t% of first $500,000 market value, plus 1.25% of all value over $500,000 <br />2005 Tax Capacity (net) = l%of first $500,000 market value, plus 1.25% of all value over $500,000 <br />ShwcavaiiM.i: rugos\ t orflK.m
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