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Agenda Packets - 1997/10/06
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Agenda Packets - 1997/10/06
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Last modified
1/28/2025 4:50:23 PM
Creation date
6/29/2018 6:46:56 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/6/1997
Supplemental fields
City Council Document Type
City Council Packets
Date
10/6/1997
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_ avg home tax <br /> Average Home Comparisons <br /> 1995 1 1996 1 1997 1998 <br /> Average home value ... $83;100 , $85;300 .n.$89 4O0 .$92 O00 <br /> Change from prior year: <br /> Dollar $2,200 $4,100 $2,600 <br /> Percent 2.647%I 4.807%I 2.908% <br /> Residential tax formula: <br /> 1% of 1st$72,000 ($75,000 in 1998; <br /> 2% of remaining value <br /> Tax capacity value: <br /> 1st$72,000 ($75,000 in 1998) xl% $720 $720 $720 $750 <br /> Remainder x 2% 222 266 348 340 <br /> Total tax capacity value A 942 • <br /> Net tax capacity rate 26.029% 24.686% 25.062% 26.760% <br /> • $267:66_ $29 68 <br /> Change from prior year: <br /> Dollar ($1.79; $24.26 $24.02 <br /> Percent -0.730%J 9.967%I 8.974% <br /> • <br /> • <br /> 10/03/97 01:07 PM BDGT8MVM.WK4 avg home tax <br />
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