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PROJECTED TAX BASE |
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2005/2006 - 2009/2010 |
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2005-06 |
2005-06 |
2006-07 |
2007-08 |
2008-09 |
2009-10 |
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Category |
Adopted |
Estimated |
Estimated |
Estimated |
Estimated |
Estimated |
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Assessed Valuation (Real & Personal Property) |
5,300,000,000 |
5,300,000,000 |
5,353,000,000 |
5,406,530,000 |
5,503,850,000 |
5,602,920,000 |
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Tax Levy* - General Fund Only at 47.4/100 |
25,122,000 |
25,122,000 |
25,370,000 |
25,630,000 |
26,090,000 |
26,560,000 |
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Estimated Collections at 99% |
24,895,000 |
24,895,000 |
25,120,000 |
25,370,000 |
25,830,000 |
26,290,000 |
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Estimated Prior Year Collections |
110,000 |
110,000 |
110,000 |
110,000 |
110,000 |
110,000 |
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TOTALS |
25,005,000 |
25,005,000 |
25,230,000 |
25,480,000 |
25,940,000 |
26,400,000 |
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* Based on a constant tax rate of 47.4 cents for the General Fund through 2010-11, with estimated growth of 1.8% annually beginning in 2007-08. Does not consider the effects of revaluation of real property in future years.
The value of 1 cent on the property tax is estimated as $540,000 in fiscal year 2006-07. |
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