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City of OronoTax Capacity, Lx)cal Levy, &Tax Capacity Rates 199(> Over (Under) 1995 <br />TAX CAPACITY <br />Actual <br />1995 <br />Estimated <br />1996 Amount Percent <br />Real Estate $12,780,145 $13,845,899 $1,065,754 8.34% <br />Personal Property 194,020 195,000 980 0.51% <br />Deduct Tax Increments 0 0 0 0.00% <br />Deduct Contrib Fiscal Disp (319,388)(324,685)(5,297)1.66%. <br />Net Tax Capacity (to calc rate)$12,654,777 $13,716,214 $1,061,437 8.39%. <br />LOCAL LEVY <br />Gross Levy $2,322,145 $2,370,819 $48,674 2.10%. <br />Deduct HACA (305,975)(289,979)$15,996 -5.23%. <br />TOTAL LEVY NET OF IIACA $2,016,170 $2,080,840 $64,670 3.21 %> <br />Deduct Fiscal Disparities (48,933)(45,000)$3,933 - fJ.04%. <br />• <br />Net Local Levy <br />TAX CAPACITY RATES <br />General Revenue <br />$1,967,237 $2,035,ai0 $68,603 3 49%. <br />12.753%12.015%.-0.738%-5.79%) <br />PIR Infrastructure 0.00%0.292%0.292%.0.00% <br />Debt Service 1.134%1.199%0.065%.5.76% <br />HRA Building Bonds 1.717%1.665%.-0.052%.-3.02%) <br />Total Local Tax Capacity Rate 15.604%14.843%-0.433%-2.78% <br />TAX CAPACITY - 1 he real estate and personal property tax capacity amounts are reduced by any tax increments <br />and the contribution amount to the fiscal disparities to arrive at the total value of tax capacity used for calculating <br />the tax capacity rate. <br />LOCAL LEVY — The amount of gross t;ix is reduced by the state paid IIACA (Homestead and Agricultural Credit Aid) <br />and by the Fiscal Disparities distributed through the county. <br />TAX CAPACITY RATE — The net local lev)' amount is divided by the tJix capacity to arrive at a percentage or <br />tax capacity rate.