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09-14-2022 Workshop Packet
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09-14-2022 Workshop Packet
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9/21/2022 7:58:52 PM
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Estimated City Tax Capacity2023 Estimated changes resulted in a 11.32% increase in Tax CapacityTaxable Valuations increase by 1,756,651 or 11.08%Fiscal Disparities Contribution decreased by 53,150 or 2.29%Tax Increment Contribution increased 538,096 or 50.06% Actual Final Final Est. FinalTax Capacity % Tax Capacity % Tax Capacity % Tax Capacity %Values Change Values Change Values Change Values Change2019/2020 2020/2021 2021/2022 2022/2023TAXABLE VALUATIONS: Real Estate 14,166,929$ 4.92% 15,498,153$ 9.40% 15,748,259$ 1.61% 17,487,572$ 11.04% Personal Property 189,565 0.91% 206,261 8.81% 108,410 ‐47.44% 125,748 15.99% SUBTOTALS:14,356,494 4.87% 15,704,414 9.39% 15,856,669 0.97% 17,613,320 11.08% Fiscal Disparities: Contribution (2,087,187) 4.49% (2,053,903) ‐1.59% (2,321,589) 13.03% (2,268,439.00) ‐2.29% Tax Increment (547,681) 1.33% (718,870) 31.26% (715,299) ‐0.50% (1,073,395.00) 50.06% TOTALS:11,721,626$ 5.11% 12,931,641$ 10.32% 12,819,781$ ‐0.87% 14,271,486$ 11.32%
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