06-09-1997 Council Packet - Laserfiche WebLink

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. ! f -... CITY OF ORONO, MINNESOTA Property Tax Rates - Direct and Overlapping Governments (1) (Per $1,000 of Assessed Value or Tax Capacity) City ofOrono Taxes Payable Year General Fimd PIR Ftmd 1985 Debt Service Fund 1980 Debt Service Fund 1982 Debt Service Fimd 1991 Debt Service Fund 1992 Debt Service Fund (3) Water Operating Fund 1987 11.68 0.39 1988 11.76 —0.28 ————— 1989 (2) 9.42 —0.21 ————— 1990 12.36 —0.27 0.14 ——— 1991 11.43 —0.28 0.12 0.04 ——— 1992 12.02 —0.36 0.12 0.04 1.69 —— 1993 13.26 —0.37 0.12 0.04 1.83 0.12 — 1994 13.43 —0.35 —0.04 1.75 0.12 0.29 1995 12.75 —0.33 —0.04 1.72 0.14 0.31 1996 11.67 0.28 0.33 —0.03 1.62 0.17 0.64 Certain areas of the City are served by other school districts. Property in those areas would be subject to one of the following rates instead of the rate for ISD #278. Taxes Payable Year ISD #276 ISD #277 ISD #284 1987 61.55 53.56 49.88 1988 63.95 57.06 57.38 1989 (2) 58.06 47.92 50.56 1990 52.55 42.33 49.77 1991 55.36 45.78 50.28 1992 64.02 56.13 58.55 1993 74.18 58.97 64.91 1994 76.51 66.98 59.67 1995 76.14 66.44 60.41 1996 76.34 62.31 60.11 Beginning with taxes payable in 1989, the terminology for Assessed Valuations and Mill Rates is nu Icrr c used. Tax Capacity replaces Assessed Valuations and is determined in the same manner except using smaller percentages for each property class. Tax Extension Rates are determined in a similar manner to Mill Rates in that the tax levy is divided by the tax capacity. General obligation water and sewer revenue bond debt. -110- 1 1 n m II ■I ti m li a a »( •( n • 4 4