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6B, Truth In Taxation Public Hearing
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6B, Truth In Taxation Public Hearing
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What makes up my Tax Rate?What makes up my Tax Rate? <br />Arden Hills Taxpayer <br /> <br />As previously stated, the Tax As previously stated, the Tax <br />Property ID No. <br />Rate is 132.590%.Rate is 132.590%. <br />Arden Hills Taxpayer <br /> <br />As shown in previous slides, As shown in previous slides, <br />the City’s tax rate is 27.841%the City’s tax rate is 27.841% <br />In this example the taxable capacity In this example the taxable capacity <br /> <br />of $2,386 x .27841 = $664.28of $2,386 x .27841 = $664.28 <br /> <br />The other components of the The other components of the <br />total tax rate are:total tax rate are: <br />School District School District <br /> <br /> <br />#621 29.419%#621 29.419% <br /> <br />#623 15.393%#623 15.393% <br />County County 65.144%65.144% <br /> <br />MiscMisc10.187%10.187% <br /> <br /> <br />All districts added together All districts added together <br />comprise the total tax rate.comprise the total tax rate. <br /> <br />You must also take into account You must also take into account <br />any referendums which are any referendums which are <br />based on the market rates of:based on the market rates of: <br />#621#6210.22828%0.22828% <br /> <br />#623#6230.24531%0.24531% <br /> <br />
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