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TAX CAPACITY SHIFT <br />EXAMPLE <br />SPECIAL SESSION TAX SHIFT <br />------------------------- <br />1909 Nat. Tax Capacity <br />$13,200,000 <br />(Assumes City a <br />School District <br />Boundaries/Property Owner the Same) <br />Shift Percentage <br />3- <br />City loses <br />School <br />-----_-st <br />(3.41) <br />District <br />$450,000 from <br />receives 3.4% <br />LGA a NACA, <br />(SI50,000' ae <br />Gains levy <br />aids <br />09IR TOTAL <br />$450,000 <br />equal to State <br />Aid lase. <br />Per Special <br />Session <br />Post Special Session <br />........................................................ <br />School <br />School <br />v <br />City <br />District <br />City <br />District <br />Projected Property Tax Lary <br />1,300,000 <br />5,000.000 <br />11500,000 <br />5,000,000 (local effort) <br />Local 0ovt Aid <br />200.000 <br />- <br />- <br />(450,000)(reduction in local <br />effort) <br />TOTAL LEVY LIMIT BASE <br />-------------------------------------------------------- <br />11500,000 <br />51000,000 <br />1,500,000 <br />41550,000 <br />�y <br />M1 <br />Property Tax Levy <br />1,300,000 <br />5,000,000 <br />1,500,000 <br />41550,000 <br />Homestead f AgriCredit (RAM) <br />250,000 <br />1,000,000 <br />- <br />1,000.000 <br />--- ---------------------------------------------------- <br />11050,000 <br />41000,000 <br />11500,000 <br />31550,000 <br />TOTAL TO TAXPAYERS <br />5-50,000 <br />........... <br />51050,000 <br />............... <br />