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<br />CITY OF ORONO
<br />TAX LEVIES
<br />ACTUAL 2003 vs PROPOSED 2004
<br />TAX LEVY COLLECTIBLE INCREASE PERCENT
<br />TAX LEVIES 2003 2004 (DECREASE)CHANGE
<br />General $2,509,684 (a ) $2,509,684(■) $0 0.00%
<br />Infrastructure (PIR)35,450 35,450 0 0.00%
<br />Park Land Acquisition and Development 5,000 5,000 0 0.00%
<br />2004 Add Back - 60% of M VCr & LG A Reduction •0- (a) 38,216 (a) 38,216 na
<br />Total Overall Levy Limit $2,550,134 $2,588350 S38316 1.50%
<br />Special Levies:
<br />General Fund • PERA Rate Increases 4,980 (a) 5,540 (a) 560 1 1.24%
<br />General Fund - COPS Grant Decrease 14,786 (a;) 14,790 (a) 4 0.03%
<br />General Fund - Capital Equipment Cert.75,000 (a;1 83,000 (a) 8,000 10.67%
<br />Imp & Equip Outlay • Capital Equip Cert -0-125,000 125,000 na
<br />1992 Improvement Bond Debt Service 45,000 0 (45,000)-100.00%
<br />1997 Improvement Bond Debt Service 15,000 18,000 3,000 20.00%
<br />1999 Improvement Bond Debt Service 15,500 5,000 (10,500)-67.74%
<br />2000 Improvement Bond Debt Service -0--0-0 0.00%
<br />2003 Imp Refunding Bond Debt Service -0-35,000 35,000 na
<br />1998 HRA Refunding Bond Debt Service 250,000 250,000 0 0.00%
<br />Fire Facility and Equipment Bond Debt Service 128,000 73,250 (54.750J —
<br />TOTAL SPECIAL LEVIES __$548,266 $609,580 $61,314 11.18%
<br />TOTAL TAX LEVIES FOR ALL PURPOSES $3,098,40p..$3,197,930 $99,530 3.21%
<br />Total Gcacral Fuad Levy $2,604,450 (a)1 $2,651330(a) $46,780 1.80%
<br />Deduct MVHC Not Paid by State of Miun (H410)(54,410)___ ___0 •0.00%
<br />Anticipated General Fnad Tax Receipts
<br />after loss of MVHC $2,550,040 S2396320 $46,780 1J3%
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