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MEMORANDUM <br /> TO: MIKE ULRICH, DIRECTOR OF PUBLIC WORKS <br /> FROM: DON BRAGER, FINANCE DIRECTOR <br /> DATE : June 26, 1995 <br /> SUBJECT: TAX LEVY FOR SEALCOATING, PATCHING, CRACK FILLING <br /> Per your—e-quesc I have calculated a property tax Levy of $85 , 000 <br /> for sealcoating, patching, and crack filling. Using the 1995 <br /> property tax levy as a base, an additional levy of $85, 000 would <br /> increase the tax capacity rate by 1 . 899 . The impact of the <br /> increased tax capacity rate is presented in the table below. <br /> TAX LEVY FOR SEALCOATING ON RESIDENTIAL PROPERTIES <br /> 1 Value of riome i ]_995 Tax 1995 Tax + Diff=erence <br /> Sealcoat 1 <br /> $51, 500 136 . 19 146 . 12 9 . 93 1 <br /> 1 <br /> $73 , 656 204 . 83 219 . 77 <br /> 14 . 94 ' <br /> $76 , 725 221 . 18 237 . 31 16 . 13 <br /> $85 , 932 I 2 70 . 20 1 289 . 91 1 19 . 71 <br /> l <br /> s <br /> $97, 185 330 . 13 354 .21 24 . 08 <br /> $102 , 300 357 . 371 383 . 43 26 . 06 <br /> 1 <br /> $112 , 530 I 411 . 84 441 . 88 30 . 04 <br /> $127, 875 493 . 56 529 . 56 ! 36 . 00 <br /> Should you have any questions please contact me . <br />