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City of OronoTax Capacity & Local Levy 1997 Over (Under) 1996TAX CAPACITY Actual1996 Estimated1997 Amount PercentReol Estate $13,942,213 $15,000,000 $1,057,787 7.59%Personal Property 200,133 204,000 3,867 1.93% <br />Deduct Ta.\ Increments 0 0 0 0.00% <br />Deduct Contrib Fiscal Disp (324,685)(325,000)(315)0.10% <br />Net Tax Capacity (to calc rate)$13,817,661 $14,879,000 $1,061,339 7.68% <br />LOCALLEVY <br />Gross Levy $2,370,992 $2,462,360 $91,368 3.85% <br />Deduct HACA (290,152)(300,730)($10,578)3.65% <br />TOTAL LEVY NET OF HACA $2,080,840 $2,161,630 $80,790 3.88% <br />Deduct Fiscal Disparities (42,570)(42,000)$570 -1.34% <br />Net Local Levy $2,038,270 $2,119,630 $81,360 3.99% <br />TAX CAPACITY - The real estate and personal property tax capacity amounts are reduced by any tax increments and the contribution amount to the <br />fiscal disparities to arrive at the total value of tax capacity used for calculating the tax capacity rate. <br />LOCAL LEVY - The amount of gross tax is reduced by the state paid HACA (Homestead and Agricultural Credit Aid), and by the Fiscal Disparities <br />distributed through the county.