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<br />CITY OF ORONO
<br />TAX LEVIES
<br />ACTUAL ?,003 vs PROPOSED 2004
<br />TAX LEVIES
<br />TAX LEVY rOLLECTIRLE
<br />2003 2004
<br />INCREASE
<br />(DECREASE)
<br />Vil^tll IWWCrWHTiiMwM.IM
<br />PERCENT
<br />CHANGE
<br />General $2,509,684 (a)$2,509,684 (a)$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 />Total Levy Subject to Levy Limit 2,550.134 2.550.134 0 0.00%
<br />Market Value Credit Lost To State of Minn.(54,410) (a)(54,410) (a)0 •0.00%
<br />2004 Add Back • 60% of MVCt & LG A Reductions -0- (a)38,216 (a)38,216 na
<br />Tot.’it Levy Limit, Net of Market Value Credit Loss 2,495,724 2,533,940 38,216 1.53%
<br />Special Levies:
<br />General Fund - PERA Rate Increases 4,980 (a)5,540 (a)560 11.24%
<br />General Fund - COPS Grant Decrease 14,786 (a)14,790 (a)4 0.03%
<br />General Fund • Capital Equipment Cert. '75,000 (a)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 Deal Service 15,000 18,000 3,000 20.00%
<br />1999 Improvement Bond Dcjt 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 3ebt Service 250,000 250,000 0 0.00%
<br />Fire Facility and Equipment Bond Debt Service 128,000 73,250 (54,750)
<br />TOTAL SPECIAL LEVIES 548,266 609,580 61.314 11.18%
<br />TOTAL TAX LEVIES FOR ALL PURPOSES $3,043,990 $3,143,520 $99,530 3.27%
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<br />NOTE! Levy limits svere reiastitnted by the 2001 Legislature.
<br />Total General Food 2,550,040 (a)2,596,820 (a)1.83%
<br />moat • •...............- 11 iirini I i
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