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City of Orono <br />Effect of 2000 Tax Levy & Budget on Commercial Property <br />For Market Value of $500,000 <br />* 1999 Tax Capacity (net) = 2.45% of first $150,000 market value, plus 3.5% of all value over $150,000 <br />2000 Tax Capacity (net)» 2.40% of first $150,000 market value, plus 3.4% of all value over $150,000 <br />A-5 <br />1999 2000 2000 <br />0% Incr.5% Incr. <br />Estimated Market Value <br />For 1999 Taxes $500,000 $500,000 $525,000 <br />Tax Capacity (Net) *15,925 15,500 16,350 <br />Tax Capacity Rate 15.380%14.838%14.838% <br />Net Tax $2,449.27 $2,299.89 $2,426.01 <br />$$ Increase (Decrease) from 1999 ($149.38)($23.25) <br />% Increase (Decrease) from 1999 -6.1%-0.9% <br />i