Laserfiche WebLink
City of Orono <br />Tax Capacity, Local Levy, & Tax Capacity Rates <br />2001 Over (Under) 2000 <br />TAX CAPACITY <br />Real Estate <br />Personal Property <br />Deduct Tax Increments <br />Deduct Contrib Fiscal Disp <br />Net Tax Capacity (To calculate rate) <br />LOCAL LEVY <br />Gross Levy <br />Deduct HACA <br />TOTAL LEVY NET OF HACA <br />Deduct Fiscal Disparities <br />Net Local Levy <br />TAX CAPACITY RATES <br />General Revenue <br />PIR Infiastucture-Storm Sewer <br />PIR Infrastructure-Roads <br />Parks - Land Acquisition & Development <br />Improve & Equip - Capital Equipment <br />Debt Service <br />HRA Building Bonds <br />Total Local Tax Capacity Rate <br />Actual Estimated <br />2000 2001 Amount Percent <br />$15,777,690 $17,595,396 $1,817,706 11.52% <br />172,164 175,235 3,071 1.78% <br />0 0 0 0.00% <br />(276,999)(319,033)(42,034)15.17% <br />$15,672,855 $17,451^598 $1,778,743 1I.35%_ <br />$2,673,111 $2,752,980 $79,869 2.99% <br />(309,551)____(309,630)(79)0.03% <br />$2,363,560 $2,443350 $79,790 3.38% <br />(41,858)(41,760)98 -0.23% <br />$2,321,702 $2,401,590 $79,888_3.44% <br />11.643%10.948%-0.695%-5.97% <br />0.282%0.253%-0.028%-10.10% <br />0.222%0.200%-0.022%-10.06% <br />0.031%0.028%-0.003%-9.16% <br />0.000%0.507%0.507%— <br />1.063%0.417%-0.646%-60.79% <br />1.566%1.408%-0.158%-10.09% <br />14.807%_ 13.761%-1.045%-7.06% <br />TAX CAPACITY - The real estate and personal property tax capacity amounts arc reduced by any tax increments and the contribution amount <br />to the fiscal disparities to arrive at the total value of tax capacity used for calculating the tax capacity rate. <br />LOCAL LEVY - The amount of gross tax is reduced by the state paid HACA (Homestead and Agricultural Credit Aid), and by the Fiscal Disparities <br />distributed through the county. <br />TAX CAPACITY RATE - The net local levy amount is divided by the tax capacity to arrive at a percentage or tax capacity rate. <br />â– UOGETUOeiVrAXCAPl.ttJ <br />« <br />i <br />(p.