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09-11-2000 Council Packet
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09-11-2000 Council Packet
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• I «I * <br />City of Orono <br />Effect of 2001 Tax Levy & Budget on Homes <br />Market Value for 2(Taxes <br />? , <br />Ettliated Market Value <br />Tax Capacity (Net) • <br />Tax Capacity Rate <br />Net Tax <br />$$ Increase (Decrease) from 2000 <br />% Increase (Decrease) from 2000 <br />$100,000 $200,000 $500,000 <br />2000 2001 2001 2000 2001 2001 2000 2001 2001 <br />0% incr 5% incr 0% incr 5% incr 0% incr 5% incr <br />SlOO 000 $100 000 $105,000 $200,000 $200,000 $210,000 $500,000 $500,000 $525,000 <br />1,156 1,156 1,239 2,806 2,806 2,971 7,756 7,756 8,169 <br />14.807%13.761%13.761%14.807%13.761%13.761%14.807%13.761%13.761% <br />$171.17 $159.08 $170.43 $415.48 $386.13 $408.84 $1,148.43 $1,067.30 $1,124.07 <br />($12.09)($0.74)($29.35)($6.65)($81.13)($24.36) <br />-7.1%-0.4%-7.!%-1.6%-7.1%-2.1% <br />• 2000 Tax Capacity (net) = 1% of first $76,000 market value, plus 1.65% of all value over $76,000 <br />2001 Tax Capacity (net) - 1% of first $76,000 market value, plus 1.65% of all value over $76,000 <br />r .~r:i <br />C:-.. .ii i' V *‘«-I " <br />iUDGt1UMl\TAXtmcm J
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