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2020
<br />CALCULATION OF ANNUAL TAX CAPACITY RATES -WITH NO NEW POSITIONS ADDED YEARS 2019-2023
<br />5.76%
<br />Estimated 2019 TAXABLE VALUE VALUATION
<br />Certified Fiscal Disp Local Levy Taxable Value Tax Capacity Staff Estimates Based on County Assessor Estimates:
<br />General 10,118,847 1,416,639 8,702,208 26,321,090 33.062% Tax Capacity -Commercial (County Estimate 1-3% Increase) 6,263,652
<br />EDA (3% inflationary) 104,713 10,471 94,242 26,321,090 0.358% Est Add'I Tax Cap-Commercial-Estimate-2.00% 125,273
<br />Bonds 2,209,709 "' 243,068 1,966,641 26,321,090 7.472% Tax Capacity -Residential (County Estimate 4-7% Increase) 22,020,535
<br />12,433,269 1,670,178 10,763,091 40.892% Est Add'I Tax Cap-Residential-Estimate-5.5% 1,211,129
<br />Add'I MVHE on new growth (151,391)
<br />New Residential Growth Estimate: $230,000 Sale Price 345,000
<br />FD Contribution (2,187,722)
<br />Est Fiscal Disparity Contribution deduction of 5% (109,386)
<br />TIF Captured
<br />Net Tax Capacity -Estimated
<br />(1,196,000)
<br />2 ,321,090
<br />Bonded Debt -Levied
<br />2013 Capital Equipment Certificates(2023 Last Year) 76,073
<br />2014 Capital Equipment Certificates (2024 last year) 99,380
<br />2015 Road Improvement Debt (2025 last year) 117,083
<br />Muni Center (2031 last Year) 1,157,813
<br />Fire Station 62 (2033 last year) 282,358
<br />2016 Road Improvement Debt (2026 last year) 152,754
<br />2017 Road Improvement Debt (2027 last year) 97,755
<br />2018 Road Improvement Debt (2038 last year) 114,934
<br />2019 Road Improvement Debt (2029 last year) 111,559
<br />Total Bonded Debt Levied 2,209,709
<br />New Debt Issued This Year
<br />Debt service amounts are strictly estimates
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