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Est. Final Est. Final Est. Final
<br />Tax Capacity %Tax Capacity %Tax Capacity %
<br />Values Change Values Change Values Change
<br />2023/2024 2024/2025 2025/2026
<br />TAXABLE VALUATIONS:
<br /> Real Estate 19,414,661$ 11.72% 19,302,123$ -0.58% 20,114,000$ 4.21%
<br /> Personal Property 119,182 6.16% 128,052 7.44% 168,140 31.31%
<br /> SUBTOTALS:19,533,843 11.68% 19,430,175 -0.53% 20,282,140 4.38%
<br /> Fiscal Disparities:
<br /> Contribution (2,317,381.00) 2.16% (2,720,620.00) 17.40% (2,755,580.00) 1.29%
<br />
<br /> Tax Increment (916,269.00) 14.10% (999,585.00) 9.09% (526,904.00) -47.29%
<br /> TOTALS:16,300,193$ 13.05% 15,709,970$ -3.62% 16,999,656$ 8.21%
<br />
<br />2024 % 2025 % 2026 %
<br />Budget Change Budget Change Budget Change
<br />TAX CAPACITY RATES:
<br /> General Fund 22.548 -4.24% 25.293 12.17% 25.478 0.73%
<br /> Capital Imp Fund 400 0.543 #DIV/0! 0.736 35.43% 1.040 41.37%
<br /> Fire Equipment Fund 0.869 -10.40% 0.736 -15.35% 0.676 -8.11%
<br /> Infrastructure Fund 0.869 -10.40% 1.132 30.23% 1.040 -8.11%
<br /> TOTALS: 24.829 -2.57% 27.896 12.35% 28.234 1.21%
<br />2024 2025 2026
<br />Proposed % Proposed % Proposed %
<br />Levy Change Levy Change Levy Change
<br />TAXES LEVIED:
<br /> General Fund 4,150,784$ 6.88% 4,469,216$ 7.67% 4,899,154$ 9.62%
<br /> Capital Imp Fund 400 100,000 #DIV/0! 130,000 30.00% 200,000 53.85%
<br /> Fire Equipment Fund 160,000 0.00% 130,000 -18.75% 130,000 0.00%
<br /> Infrastructure Fund 160,000 0.00% 200,000 25.00% 200,000 0.00%
<br /> GROSS LEVY 4,570,784 8.74% 4,929,216 7.84% 5,429,154 10.14%
<br /> Less
<br /> Fiscal Disparities 523,532 -0.98% 546,778 4.44% 629,495 15.13%
<br /> NET LEVY 4,047,252$ 10.14% 4,382,438$ 8.28% 4,799,659$ 9.52%
<br />Gross Levy $ Change 358,432$ 499,938$
<br />General Fund Levy $ Change 318,432$ 429,938$
<br />CITY OF LITTLE CANADA
<br /> TAXABLE VALUATIONS, LEVIES & RATES
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