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Agenda - Council Work Session - 11/01/2011
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Agenda - Council Work Session - 11/01/2011
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3/18/2025 2:20:55 PM
Creation date
10/28/2011 9:10:29 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
11/01/2011
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ISD #11 Example <br />Estimated MV $ 276,000 $ 271,000 <br />Less: 2012 MVHC Exclusion $ $ (12,900) <br />Taxable Market Value $ 276,000 $ 258,100 <br />Class Rate 1% 1% <br />Net Tax Capacity $ 2,760 $ 2,581 <br />Total Tax Cap. Rate 110.413% 113.119% <br />Gross Tax $ 3,047 $ 2,920 <br />Less: 2011 MVHC $ (124) $ <br />Net Tax $ 2,923 $ 2,920 <br />ISD #11 Example <br />Estimated MV $ 252,100 $ 244,600 <br />Less: 2012 MVHC Exclusion $ - $ (15,200) <br />Taxable Market Value $ 252,100 $ 229,400 <br />Class Rate 1% 1% <br />Net Tax Capacity $ 2,521 $ 2,294 <br />Total Tax Cap. Rate 110.413% 113.119% <br />Gross Tax $ 2,784 $ 2,595 <br />Less: 2011 MVHC $ (146) $ - <br />Net Tax $ 2,638 $ 2,595 <br />1.9% MV Decrease <br />$ (4) .2% Decrease <br />3% MV Decrease <br />$ (43) 1.7% Decrease <br />
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