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COUNCIL MEETING <br />APR 2 21985 <br />CITY OF ORONO <br />Estimated property_ tax increase_ for homesteaded properties <br />CAN 18 1985 I <br />CITY ONG"'11- I <br />Assessor's Estimated Estimated Annual <br />Market Value Property Tax Increase' <br />5 50,000 <br />5 5.30 <br />75,000 <br />9.20 <br />100,000 <br />13.69 <br />125,000 <br />18.20 <br />150,000 <br />22.69 <br />175,000 <br />27.20 <br />200,000 <br />31.69 <br />225,000 <br />36.20 <br />250,000 <br />40.69 <br />300,000 <br />49.69 <br />400,000 <br />67.69 <br />500,000 <br />85.69 <br />600,000 <br />103.69 <br />750,000 <br />130.69 <br />900,000 <br />157.69 <br />999,000 <br />175.50 <br />*Payable in two equal parts, the first half by May 15 and the second <br />half by October 15. All figures are besed upon current property tax law. <br />