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CALCULATION OF ANNUAL TAX CAPACITY RATES WITH ALL POSITIONS REQUESTED
<br />Per City's 2013 Strategic Plan, City has been striving to hold tax rate constant of prior years of 44.2%
<br />PROPOSED TAX CAPACITY RATES SUMMARY (full detail below):
<br />2019
<br />2020
<br />2021
<br />2022
<br />2023
<br />41.720%
<br />43.167%
<br />45.517%
<br />46.988%
<br />49.695%
<br />2019
<br />8.43% Increase in value
<br />Est County tfs
<br />Certified Fiscal Disp Local Levy Taxable Value Tax Capacity TAXABLE VALUE VALUATION
<br />General 10,136,869 1,520,530 8,616,339 24,888,422 34.620% Per County
<br />EDA 101,663 18,533 83,130 24,888,422 0.334% Tax Capacity -Commercial
<br />Bonds 1,994,072 310,078 1,683,994 24,888,422 6.766%
<br />12,232,604
<br />1,849,141 10,383,463
<br />41.720%
<br />Tax Capacity -Residential
<br />FD Contribution
<br />TIF Captured
<br />Bonded Debt -Levied
<br />2013 Capital Equipment Certificates(2023 Last Year)
<br />2014 Capital Equipment Certificates (2024 last year)
<br />2015 Road Improvement Debt (2025 last year)
<br />Muni Center (2031 last Year)
<br />Fire Station #2 (2033 last year)
<br />2016 Road Improvement Debt (2026 last year)
<br />2017 Road Improvement Debt (2027 last year)
<br />2018 Road Improvement Debt (2028 last year)
<br />Total Bonded Debt Levied
<br />6,263,652
<br />22,020,535
<br />(2,245,765)
<br />(1,150,000)
<br />24,888,422
<br />77,267
<br />100,853
<br />114,248
<br />1,136,613
<br />205,678
<br />155,017
<br />93,195
<br />111,201
<br />1,994,072
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