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<br /> . Page 2 <br /> EMIT INTC Memo <br /> Observations <br /> For 1994 preliminary budget purposes (assuming no material changes in <br /> personal property valuation, HACA aid, Fiscal Disparities, and having <br /> comparable debt levies) two preliminary points can be made: <br /> l. To generate the ~ spread levy dollars as 1993, $1,390,370 <br /> (ie: a 0% increase in expenlitures), the City's Net Capacity <br /> Rate would have to increase approxilnately 5.34% (. 14382 * <br /> 1.0534 = .15150). <br /> 2. Again, assuming the same spread levy dollars in 1994 as in <br /> 1993, residential property owners would pay approximately 2.2% <br /> more ($30,600) in 1994 of the spread levy "pie" than they paid <br /> in 1993. <br /> TP/sl <br /> . <br /> . <br /> --------- <br />