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7A, 2011 Operating Levy Payable 2012 and 2011 Truth-In-Taxation
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7A, 2011 Operating Levy Payable 2012 and 2011 Truth-In-Taxation
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10/24/2024 10:40:06 AM
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9/9/2011 3:55:03 PM
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Reg City Council Meeting - Sept 12, 2011
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Me�no <br />City Couzacil <br />2012 Proposed Prelznraz�ary Budget and Tax Levy <br />5 <br />The £oilowing chart illustrates the total effect including the 3% increase in the levy. {This is the <br />same in%r�xxation shown on page one of this mer�o.} <br />Pay 2D11 MV 7QOOOQ.40% 500,000@�.6% (B7 x G) � <br />X 0.988 remuptoa�a�es�.os (� - E) rem � 1.25% (B12 x D) <br />Estimaied Tax District rate as °k oF total rate: �E{' ;' <br />'<.::150.ODfl 23.740 126,260 1,263 <br />" ` 272, 800 1 <br />350;000: <br />� <br />� <br />� <br />112 2,601 <br />260 3.443 <br />125 <br />(97 x G) + <br />(B12 x Q) <br />T <br />78 <br />Toial Change <br />Annual increase Monthly incr. <br />$31.63 $ 2.64 <br />$45.88 $ 3.82 <br />$66.76 $ 5.56 <br />$110.96 $ 9.25 <br />The net effect an the reside�tial taxpay�r in 2012 will be as follows: <br />
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