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2021
<br />CALCULATION OF ANNUAL TAX CAPACITY RATES -WITH NO NEW POSITIONS ADDED YEARS 2019-2023
<br />3.43%
<br />Estimated 2020 TAXABLE VALUE VALUATION
<br />Certified Fiscal Disp Local Levy Taxable Value Tax Capacity Staff Estimates Based on County Assessor Estimates:
<br />General 10,334,905 1,395,212 8,939,693 27,224,642 32.837% Tax Capacity -Commercial (County Estimate 1-2% Increase)
<br />EDA (3% inflationary) 107,854 10,785 97,069 27,224,642 0.357% Est Add'I Tax Cap-Commercial-Estimate-1.50%
<br />Bonds 2,744,069 "' 301,848 2,442,221 27,224,642 8.971% Tax Capacity -Residential (County Estimate 2-4% Increase)
<br />13,186,828 1,707,845 11,478,983 42.164% Est Add'I Tax Cap-Residential-Estimate-3.0%
<br />Add'I MVHE on new growth
<br />"`$267,287 (2020 Capital Equipment Certificates issued to fund Capital Equipment Purchases in years 2020-2023 New Residential Growth Estimate: $237,000 Sale Price
<br />FD Contribution
<br />Est Fiscal Disparity Contribution deduction of 5.0%
<br />TIF Captured
<br />Net Tax Capacity -Estimated
<br />6,388,925
<br />95,834
<br />23,425,273
<br />702,758
<br />(87,845)
<br />355,500
<br />(2,297,108)
<br />(114,855)
<br />(1,243,840)
<br />7,224,642
<br />Bonded Debt -Levied
<br />2013 Capital Equipment Certificates(2023 Last Year) 74,366
<br />2014 Capital Equipment Certificates (2024 last year) 103,157
<br />2015 Road Improvement Debt (2025 last year) 114,563
<br />Muni Center (2031 last Year) 1,177,013
<br />Fire Station 82 (2033 last year) 283,933
<br />2016 Road Improvement Debt (2026 last year) 150,490
<br />2017 Road Improvement Debt (2027 last year) 96,768
<br />2018 Road Improvement Debt (2038 last year) 112,637
<br />2019 Road Improvement Debt (2029 last year) 111,559
<br />2020 Road Improvement Debt (2040 last year) 238,934
<br />2020 Capital Equipment Certificates (2030 last year) 280,649
<br />Total Bonded Debt Levied 2,744,069
<br />New Debt Issued This Year
<br />Debt service amounts are strictly estimates
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