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12-03-1997 Truth in Taxation Packet
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12-03-1997 Truth in Taxation Packet
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City of OronoEffect of 1998 Tax Levy & Budget on Homes <br />Market Value for 1997 Taxes $100,000 $200,000 $300,000 <br />1997 1998 1997 1998 1997 1998 <br />0% incr 5% incr U% incr 5% incr 0% incr 5% incr <br />U U U U U U <br />Estimated Market Value <br />For 1998 Taxes $100,000 $100,000 $105,000 $200,000 $200,000 $210,000 $300,000 $300,000 $315,000 <br />Tax Capacity (Net) *1,280 1,213 1,305 3,280 3,063 3,248 5,280 4,913 5,190 <br />Tax Capacity Rate 14.251%14.690% 14.690%14.251%14.690%14.690%14.251%14.690%14.690% <br />Net Tax $182.41 $178.12 $191.70 $467.43 $449.88 $477.06 $752.45 $721.65 $762.41 <br />$$ Increase (Decrease) from 1997 ($4.30)$9.29 ($17.55)$9.62 ^($30.81)$9.96 <br />% Increase (Decrease) from 1997 -2.4%5.1%-3.8%2.1%-4.1%1.3% <br />n. <br />1997 Tax Capacity (net) <br />1998 Tax Capacity (net) <br />1% of first $72,000 market value, plus 2% of all value over $72,000 <br />? % of first $75,000 market value, plus 1.85% of all value over $75,000 <br />w- <br />h <br />. i# <br />ii <br />■ <br />riiliini r mitfirl-iirti- mir
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