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09-14-2015 Council Packet
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09-14-2015 Council Packet
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10/1/2015 11:30:45 AM
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Attachment C - Tax Capacity Rate <br />City of Orono <br />Tax Capacity, Local Levy, & Tax Capacity Rates <br />3.84% Levy Increase <br /> 2016 Over / Under 2015 <br />Actual Estimated <br />TAX CAPACITY 2015 2016 Amount Percent <br />Net Tax Capacity (To calculate rate)$27,445,792 $28,500,000 $1,054,208 3.84% <br /> <br />LOCAL LEVY <br />Total levy all funds $4,772,000 $4,954,480 $182,480 3.82% <br /> <br />TAX CAPACITY RATES Tax Levy <br />General Revenue 14.639%14.093%-0.546 4,016,500 <br />Road Maintenance Fund 0.000%0.642%0.642 183,000 <br />GO Improvement 2008 1.000%0.674%-0.326 192,150 <br />GO Improvement 2010 0.488%0.460%-0.028 131,050 <br />GO Improvement 2014 1.260%1.515%0.255 431,780 <br />Total Local Tax Capacity Rate 17.387%17.384%-0.003 4,954,480 <br /> <br /> Page 1
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