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12-04-2006 Truth in Taxation Minutes
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12-04-2006 Truth in Taxation Minutes
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7/16/2015 1:14:06 PM
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7/25/2012 4:43:15 PM
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Effect of 2007 Tax Levy & Budget on Homes <br /> Market Value for 2006 Taxes 300 000 800 000 <br /> 2006 2007 2007 2006 2007 2007 <br /> 0%incr 8% incr 0% incr 8% incr <br /> Estimated Market Value 300 000 $300,000 324 000 800 000 $800,000 864 000 <br /> Tax Capacity (Net) * 3,000 3,000 3,240 8,750 8,750 9,550 <br /> Tax Capacity Rate 15.316% 14.207% 14.207% 15.316% 14.207% 14.207% <br /> Net Tax $459.48 $426.21 $460.31 $1,340.15 $1,243.11 $1,356J7 <br /> $ [ncrease(Decrease) from 2006 ($33.27) $0.83 ($97.04) $16.62 <br /> % Increase(Decrease) from 2006 -7.2% 0.2% -7.2% I.2% <br /> * Tax Capacity (net)= 1%of first$500,000 market value, plus 1.25%of all value over$500,000 <br /> Finance\BUDG E712006\Ta xeffec.123 <br />
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