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Summa Tax Le Im acts b COA Com arison <br /> COA Annual Levy Ta�c Rate Tax Tax Tax Tax <br /> Cost Increase Increase Impact Impact on Impact Impact <br /> ($) (%) (Percentage on$250K $546K on$1M on$2M <br /> Points) Home Home Home Home <br /> Median <br /> A. $981,272 20.56% 3.61 $84 $178 $406 $856 <br /> B. $727,876 15.25% 2.67 $62 $132 $301 $635 <br /> C. $1,307,976 27.41% 4.81 $112 $238 $541 $1141 <br /> Note: all three COAs result in Orono still having the lowest tax rate in t6e area. <br /> 8. Recommendations. I recommend that Orono develop a method/policy for funding both road <br /> reconstruction and maintenance in time to be included in the 2016 budget process. The method must <br /> include a dependable source of resourcing in order to allow for predictability and advanced planning. <br /> Request: <br /> Discussion and direction on how to provide reliable funding for the City's streets. <br /> 6 <br />