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2015-12-16 CC Packet
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2015-12-16 CC Packet
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12/16/2015 9:09:30 AM
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Revenue Analysis continued . . . <br /> City of Centerville <br /> Analysis of Property Tax Increase Needed to Fund Local Road Improvements <br /> Annual Annual Annual <br /> Current 1%Levy Property 5%Levy Property 10%Levy Property <br /> Levy Increase Tax Increase Increase Tax Increase Increase Tax Increase <br /> 00 <br /> 2016 Tax Levy $ 2,556,204 $ 2,581,766 $ 2,684,014 $ 2,811,824 <br /> Additional Revenue $ 25,562 $ 127,810 $ 255,620 <br /> Local Tax Rate 70.9914% 71.8169% 75.1190% 79.2466% <br /> City Taxes: <br /> $163,111 Home Value $ 1,027 $ 1,039 $ 12 $ 1,087 $ 60 $ 1,146 $ 119 <br /> $200,000 Home Value $ 1,312 $ 1,328 $ 16 $ 1,389 $ 77 $ 1,465 $ 153 <br /> $300,000 Home Value $ 2,086 $ 2,110 $ 24 $ 2,207 $ 121 $ 2,329 $ 243 <br />
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