Laserfiche WebLink
<br /> FINAL LOCAL TAX RATES FOR TAXES PAYABLE IN 1995 <br /> (4) (5_ <br /> SCH. CITY OR (1) (2) (3) TOTAL LOCAL MAR <br /> MUNICIPALITY & DIST &W/S TOWN COUNTY SCHOOLS MISC TAX RATE RAT <br /> ------------------- ---- ------- ------- ------- ------- ------ ---------- ------- <br /> ------------------- ---- ------- ------- ------- ------- ------ ---------- ------- <br /> WHITE BEAR LAKE 622 M 16.827% 46.248% 75.219% 6.040% 144.334% -- <br /> WHITE BEAR LAKE 624 16.827% 44.692% 72.686% 4.699% 138.904% -- <br /> WHITE BEAR LAKE 624 (M)(N B) 16.827% 45.371% 72.686% 6.828% 141.712% -- <br /> WHITE BEAR LAKE 624 (R) 16.827% 44.692% 72.686% 5.175% 139.380% - <br /> WHITE BEAR LAKE 624 M 16.827% 46.248% 72.686% 6.040% 141.801% -- <br /> TOWN OF WHITE BEAR 621 (R) 13.553% 44.692% 65.036% 4.410% 127.691% - <br /> TOWN OF WHITE BEAR 624 13.553% 44.692% 72.686% 3.934% 134.865% -- <br /> TOWN OF WHITE BEAR 624 (M)(NB) 13.553% 45.371% 72.686% 6.063% 137.673% - <br /> TOWN OF WHITE BEAR 624 (R) 13.553% 44.692% 72.686% 4.410% 135.341% - <br /> (1) See County Rate summary for rate components <br /> (2) Includes .372% for Special Intermediate School District #916 <br /> Does not apply in School District 282 and School District 625 <br /> (3) See Miscellaneous Rate summary for rate components <br /> (4) Local tax rates apply to tax capacity <br /> (5) Market rates apply to taxable market value <br /> (6) Rates in the City of SI. Paul are reduced for Disparity Reduction Aid <br /> (C) Refers to Central Ramsey Water Management Org. (Joint Powers) - <br /> (D) Refers to Lake Diane Storm Sewer District <br /> (G) Refers to Grass Lake Water Management Org. (Joint Powers) - <br /> (I) Refers to Middle Mississippi Water Management Org. (Joint Powers) e- <br /> (l) Refers to Lower Mississippi Water Management Org. (Joint Powers) <br /> (M) Refers to Metro Watershed District (Ramsey-Washington) I <br /> (R) Refers to Rice Creek Watershed District <br /> (S) Refers to Southwest Ramsey Water Management Org. (Joint Powers) <br /> M Refers to Valley Branch Watershed District I <br /> (BC) Refers to Battle Creek Project a Sub-Watershed of the Metro Watershed <br /> (NB) Refers to that portion of the Metro Watershed that is not part of the <br /> Battle Creek Project I <br /> TAX COMPUTATION <br /> Example of tax computation for 1995 on a HOMESTEAD PROPERTY in I <br /> SI. Paul- 625 (C), that has an Estimated Market Value of $120,000: <br /> Tax Capacity is determined as follows: I <br /> 1.00% x first $72,000 of Estimated Market Value $720 <br /> 2.00% x Estimated Market Value in excess of $72,000 960 I <br /> - <br /> Net Tax Capacity $1,680 I <br /> - <br /> The net tax capacity is the amount to which the local tax rate is applied. -. <br /> Net Tax Payable = 1.52026 multiplied by $1,680 = $2,554.05 <br /> -- <br /> I <br />