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CITY OF ORONO <br />TAX CAPACITY. LOCAL LEVY AND TAX CAPACITY RATES <br />r- <br />1995 OVER (UNDER) 1994 <br />TAX CAPACITY <br />ACTUAL <br />1994 <br />bSTIMATEO <br />1995 AMOUNT PERCENT <br />Net Tax Capacity (to calc rate)$11,862,375 $12,697,515 $835,140 7.04% <br />LOCAL LEVY <br />Gross Levy $a281.570 $2,322,145 $40,575 1.78% <br />Deduct HACA (304,934)(305,975)($1,041)0.34% <br />TOTAL LEVY NET OF HACA $1,978,636 $2,016,170 <br />^ sss -.3SS <br />$39,534 2.00% <br />TAX CAPACITY RATES <br />Generte Revenue 13.428%1^710%-0.718%-5.35% <br />Debt Service 1.073%1.129%0.066%5.22% <br />HRA Building Bonds 1.751%1.711%-0.040%-^28% <br />Totte Local Tax Capacity Rate 16.252%15.550%-0.702%-4.32% <br />SBSSSSSS <br />TAX CAPACITY - The leal estate and personal property tax capacity amounts <br />are reduced Oy any tax increments and the contribution amount to the fiscal <br />disparities to arrive at the total value at tax capacity used for calculating <br />the tax capacity rate. <br />LOCAL LEVY TTte amount of gross tax is reduced by the stale paid HACA <br />(Homestead and Agricultural CredH Aid) arKi by the Fiscal Disparities <br />distributed through the county. <br />TAX CAPACITY RATE - The net local levy terraunt is divided by the tax <br />capacity to arrive at a percentage or tax capacity rate. <br />TAXRATE1 <br />11/15/94