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08-09-2023 Workshop Packet
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08-09-2023 Workshop Packet
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8/25/2023 1:46:08 PM
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Estimate Property Tax Impact on Residents $$$Year Assessed Value Tax Rate City Tax Year Assessed Value Tax Rate City Tax Year Assessed Value Tax Rate City Tax5.00%2023400,000 0.255% 1,019.43$ 2023450,000 0.255% 1,146.85$ 2023550,000 0.255% 1,401.71$ 2024420,000 0.244% 1,024.03$ 2024472,500 0.244% 1,152.03$ 2024577,500 0.244% 1,408.04$ $ Change4.60$ $ Change5.18$ $ Change6.33$ % Change0.45%% Change0.45%% Change0.45%MEDIAN HOME2024 Market Value Adjustment CountyLevy increase 7.06% Levy increase 7.06% Levy increase 7.06% Assumes 12.97% Change in City Tax CapacityAssumes a 5% Taxable Market Value Adjustment
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