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<br />Set levy at $5,310,950 (an increase of $592,270 or 12.55% over 2023)
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<br />Additional levy options Council may consider:
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<br />Set levy at $5,143,360 (an increase of $424,680 or 9.00% over 2023)
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<br />Set levy at $5,237,730 (an increase of $519,050 or 11.00% over 2023)
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<br />The 2023 City Tax Rate is 23.632%. The estimated 2024 City tax rate based on the most current
<br />information with a 12.55% levy increase is 24.49%.
<br />Value of Value of Taxable
<br />Property for Property for Value for $ %
<br />Pay 2023 Pay 2024 Pay 2024 Pay 2023 Pay 2024 CHANGE CHANGE
<br />180,000$ 190,300$ 170,200$ 376$ 417$ 41$ 10.9%
<br />270,000$ 285,500$ 274,000$ 608$ 671$ 63$ 10.4%
<br />443,550$ 469,000$ 469,000$ 1,048$ 1,148$ 100$ 9.5%
<br />500,000$ 528,700$ 528,700$ 1,182$ 1,312$ 130$ 11.0%
<br />575,000$ 608,000$ 608,000$ 1,403$ 1,554$ 151$ 10.8%
<br />650,000$ 687,300$ 687,300$ 1,625$ 1,797$ 172$ 10.6%
<br />CITY TAX
<br />Value of Value of Taxable
<br />Property for P roperty for Value for $ %
<br />Pay 2023 Pay 2024 Pay 2024 Pay 2023 Pay 2024 CHANGE CHANGE
<br />180,000$ 190,300$ 170,200$ 376$ 403$ 27$ 7.1%
<br />270,000$ 285,500$ 274,000$ 608$ 648$ 40$ 6.7%
<br />443,550$ 469,000$ 469,000$ 1,048$ 1,109$ 61$ 5.8%
<br />500,000$ 528,700$ 528,700$ 1,182$ 1,267$ 86$ 7.3%
<br />575,000$ 608,000$ 608,000$ 1,403$ 1,502$ 99$ 7.0%
<br />650,000$ 687,300$ 687,300$ 1,625$ 1,736$ 112$ 6.9%
<br />CITY TAX
<br />Value of Value of Taxable
<br />Property for P roperty for Value for $ %
<br />Pay 2023 Pay 2024 Pay 2024 Pay 2023 Pay 2024 CHANGE CHANGE
<br />180,000$ 190,300$ 170,200$ 376$ 410$ 34$ 9.1%
<br />270,000$ 285,500$ 274,000$ 608$ 661$ 53$ 8.8%
<br />443,550$ 469,000$ 469,000$ 1,048$ 1,131$ 83$ 7.9%
<br />500,000$ 528,700$ 528,700$ 1,182$ 1,292$ 110$ 9.3%
<br />575,000$ 608,000$ 608,000$ 1,403$ 1,531$ 128$ 9.1%
<br />650,000$ 687,300$ 687,300$ 1,625$ 1,771$ 146$ 9.0%
<br />CITY TAX
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