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<br /> <br /> <br />· A summary of the estimated change in the HRA levy amounts for years 2004 through the proposed 2007 request <br />based upon a range of estimated market values for single family homes is provided below. For a $200,000 home <br />there is a net change from 2004 to 2007 of $xx to support housing programs. <br /> <br />Estimated Estimated Estimated Change in Estimated Proposed change Estimated Annual Proposed <br />Market Annual Levy Annual Levy levy Annual Levy in levy amount Levy Amount- change in levy <br />Value Amount - Amount - amount Amount -2006 from 2005 to 2006 2007 ($255,750) amount from <br /> 2004 ($200,000) 2005 from 2004 ($288,985) (.0081%) (.0065%) 2006 to 2007 <br /> (.00560%) ($158,000)(.004 to 2006 <br /> 43%) <br />$100,000 $5.60 $4.43 -$1.17 $8.10 $3.67 $6.53 -$2.86 <br />$130,000 $7.28 $5.76 -$1.52 $10.53 $4.77 $8.49 -$2.04 <br />$170,000 $9.52 $7.53 -$1.99 $13.77 $6.24 $11.10 -$2.67 <br />$200,000 $11.20 $8.86 -$2.34 $16.20 $7.34 $13.06 -$3.14 <br />$300,000 $16.8 $13.29 -$6.49 $24.30 $11.01 $19.59 -$4.71 <br />$500,000 $28.00 $22.15 -$5.85 $40.50 $18.35 $32.65 -$7.85 <br /> <br />· The HRA levy is spread across all property owners including commercial and industrial properties which represent <br />31 % of the total estimated market value for the City. <br /> <br />Land Use Total Market Value % City Estimated HRA Levy <br /> 2006 Market Contribution - .00653% <br /> Value Total - 2007 <br />Multi-Family Residential $624,560,921 15.94% $40,784 <br />Single-Family Residential $2,027,667,983 51.75% $132,407 <br />Commercial $830,266,368 21.19% $54,216 <br />Industrial $408,276,336 10.42% $26,660 <br />Vacant\Other $27,427,393 0.70% $1,791 <br /> $3,918,199,000 100.00% $255,858 <br /> I <br />