| |
| |
| FY2000 Levy Limit Calculation |
| FY99 Levy Limit |
$29,894,924
|
| x 2.5% |
747,373
|
| + New Growth |
306,576
|
| FY2000 Levy Limit |
$30,948,873
|
| Dept Exclusion |
202,118
|
| Total With Debt Exclusion |
$31,150,991
|
| |
| Tax Rate Summary - FISCAL 2000 |
| Total Estimated receipts |
|
| and other revenue sources |
20,967,716.00
|
| Net amount to be raised by taxation |
31,132,189.35
|
| Total amount to be raised |
52,099,905.35
|
| |
| Real Estate Valuation - FISCAL 2000 |
| Class |
Tax Rate
|
Levy by Class
|
Valuation
|
| Residential |
$11.59
|
17,883,673.00
|
1,543,026,143
|
| Commercial |
$24.71
|
9,518,604.88
|
385,212,662
|
| Industrial |
$24.71
|
2,562,678.92
|
103,710,195
|
| Personal Property |
$24.71
|
1,167,232.55
|
47,237,254
|
| Totals |
$
|
31,132,189.35
|
2,079,186,254
|
| |
| Personal Property Valuation Increase |
| Personal Property - Fiscal 2000 |
47,237,254
|
| Personal Property - Fiscal 1999 |
45,806,420
|
| Total Value Increase |
1,430,834
|
| |
| Total Real Property Valuation Increase |
| Real Estate - Fiscal 2000 |
2,031,949,000
|
| Real Estate - Fiscal 1999 |
1,930,348,800
|
| Total Value Increase |
101,600,200
|
| |
| Comparison of Motor Vehicle Excise |
| Year |
Number of Bills |
Valuation |
Amount |
| 1998 |
26,871 |
106,883,502 |
2,197,336.95 |
| 1999 |
28,340 |
126,725,456 |
2,625,254.46 |
| |
| Comparison of Boat Excise |
| Year |
Number of Bills |
Valuation |
Amount |
| 1998 |
160 |
699,500 |
6,987.00 |
| 1999 |
195 |
850,700 |
8,507.00 |
| |
| Statutory Property Tax Exemptions |
| Exemption Type |
Number Granted
|
| Police & Fire Widows 2 |
2
|
| Blind (Clause 37A) 31 |
31
|
| Elderly (Clause 4lA) 82 |
82
|
| Widows (Clause l7D) 98 |
98
|
| Veterans (Clause 22) 269 |
269
|
| Veterans (100% Disabled) 31 |
31
|
| Veterans (Paraplegic) 5 |
5
|
| Veterans (Clause 22A, B, & C) 2 |
2
|
| Total Exemptions 516 |
526
|
| Total Tax Amount of Exemptions |
$175,524.02
|
| State Reimbursement |
$ 43,667.88
|
| Appropriations |
48,935,050.00
|
| Tax Title |
25,000.00
|
| Cherry Sheet Offsets |
49,737.00
|
| Snow & Ice Deficit |
400,720.00
|
| Other |
533,662.00
|
| Total Expenditures |
1,009,119.00
|
| State & County Cherry Sheet Charges |
1,656,561.00
|
| Overlay |
|
| (Allowance for Abatements & Exemptions) |
499,175.35
|
| Total Amount to be Raised |
52,099,905.35
|
| Estimated Receipts from State |
8,357,225.00
|
| Estimated Receipts from Local |
8,815,023.00
|
| Revenue Appropriated for Particular |
3,795,468.00
|
| Purposes |
|
|
Total Estimated Receipts
|
20,967,716.00
|
| |
| Breakdown of Local Estimated Receipts |
| Motor Vehicle Excise |
2,399,800.00
|
| Other Excise |
197,500.00
|
| Penalties & Interest on Taxes & Excise |
258,000.00
|
| Payments in Lieu of Taxes |
75,500.00
|
| Fees |
160,000.00
|
| Rentals/Boards |
42,000.00
|
| Departmental Revenue-Libraries |
5,000.00
|
| Departmental Revenue-Cemetery |
60,000.00
|
| Licenses & Permits |
650,000.00
|
| Fines & Forfeits |
160,000.00
|
| Investment Income |
500,000.00
|
| Miscellaneous Recurring |
158,000.00
|
| Miscellaneous Non-Recurring |
170,000.00
|
| Total |
4,835,800.00
|
|
|
