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2019 Proposed Tax Levy <br />Page 4 <br />Pay 2019 <br />Proposed <br />Certified Property Tax Levy $ 7,083,393 <br />Less: Fiscal Disparities $ (713,538) <br />Local Portion of Levy $ 6,369,855 <br />Taxable Market Value and Tax Capacity <br />The county tax department has released a preliminary estimate of taxable market value and tax capacity <br />data for next year. The county estimates an increase in the total tax capacity of $1,103,924, or 6.61%. This <br />amount will be $86,497 higher when the remaining parcel in the Bald Eagle TIF District is "knocked out" for <br />the 2019 tax year. These numbers will most likely change when the county releases "final' numbers prior <br />to the budget adoption meeting scheduled for December 3rd <br />Tax Rates <br />Based on estimated market and tax capacity values, the levy recommended herein provides for no <br />increase in the urban tax rate and a small decrease in the rural tax rate. <br />Pay 2019 <br />Percent <br />Proposed <br />Change <br />Tax Rate Calculations: <br />Local Portion of General Expense <br />$ <br />6,201,112 <br />Divided by Tax Capacity <br />$ <br />17,523,705 <br />7.13% <br />Urban Tax Capacity for General <br />Expense <br />35.387% <br />Less 10% for Rural <br />-3.539% <br />Local Portion of Debt Service Levy <br />$ <br />168,743 <br />Divided by Total Tax Capacity <br />$ <br />17,884,648 <br />7.13% <br />Tax Capacity for Debt Service <br />0.944% <br />Total Urban Tax Rate <br />36.330% <br />0.00% <br />Total Rural Tax Rate <br />32.792% <br />-0.02% <br />