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12-04-1996 Truth In Taxation Packet
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12-04-1996 Truth In Taxation Packet
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City of OronoTax LeviesActual 1996 vs Proposed 1997 <br />* In December, 1995, all remaining principal maturities within the 1985 and 1989 Bonds called with the Series 1995 Refunding Issue. <br />The tax levy previously earmarked for the refunded bonds has been reallocated to the 1995 Refunding Bonds. <br />The tax levies are shown as reduced by HACA aid from the State, but have not been reduced by Fiscal Disparities Credit. <br />Tax Levy Net of HACA <br />State Paid HACA <br />Total Tax Levy Including HACA <br />1996 <br />$2,080,840 <br />290,152 <br />MmML <br />1997 <br />$2,161,630 <br />__30 0,730 <br />Increase <br />(Decrease) <br />$80,790 <br />10,578 <br />$91.368 <br />Tax Levy Collectible Increase PercentTax Levies 1996 1997 (Decrease)Change <br />General $1,647,940 $1,680,980 $33,040 2.00% <br />PIR Infrastructure-Storm Sewer 40,000 40,000 0 0.00% <br />PIR Infrastructure-Roads <br />Sewer & Water Bonds <br />0 45,500 45,500 0.00% <br />1982 4,500 4,500 0 0.00% <br />* 1995 (1989) (Operating Funds)90,000 105,650 15,650 17.39% <br />1992 24,000 30,000 6,000 25.00% <br />* 1995 (1985) (Debt Funds)46,000 30,000 (16,000)-34.78% <br />1991 Public Facilities Bonds 228,400 225,000 _ (3,_400)-1.49% <br />Total $2,080,840 $2,161,630 $80^90 3.88% <br />Percent <br />Change <br />3.88% <br />3.65% <br />3.85%
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