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07-19-1993 WS
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07-19-1993 WS
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7/9/2018 5:35:21 AM
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MV City Council
City Council Document Type
City Council Packets
Date
7/19/1993
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Tax comparison on five selected residential homestead properties 07/14/93 <br /> located within the City of Mounds View. <br /> 1993 Levy + 5%($87,719) <br /> Average increase <br /> Payable 1993 Payable 1994 Change in in Estimated <br /> Tax Capacity Rate Tax Capacity Rate Tax Rate Market Values <br /> 21.057% 23.949% 13.73% 2.30% <br /> 1993 1994 <br /> Estimated 1993 1993 Estimated 1994 1994 Percent <br /> Market Tax Net Market Tax Net Increase Increase <br /> Value Capacity Tax Value Capacity Tax (Decrease) (Decrease) <br /> $50,000.00 $500.00 $105.29 $51,150.00 $511.50 $122.50 $17.21 16.35% <br /> $72,000.00 $720.00 $151.61 $73,656.00 $753.12 $180.36 $28.75 18.96% <br /> $75,000.00 $780.00 $164.24 $76,725.00 $814.50 $195.06 $30.82 18.76% <br /> $84,000.00 $960.00 $202.15 $85,932.00 $998.64 $239.16 $37.01 18.31% <br /> $95,000.00 $1,180.00 $248.47 $97,185.00 $1,223.70 $293.06 $44.59 17.94% <br /> $100,000.00 $1,280.00 $269.53 $102,300.00 $1,326.00 $317.56 $48.03 17.82% <br /> $110,000.00 $1,480.00 $311.64 $112,530.00 $1,530.60 $366.56 $54.92 17.62% <br /> $125,000.00 $1,830.00 $385.34 $127,875.00 $1,837.50 $440.06 $54.71 14.20% <br />
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