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City of Roseville — 2004 Budget <br />The following table summarizes the estimated tax impact on residential homes, based on the 2004 tax <br />levy and budget, estimates provided by Ramsey County, and assuming no increase in property valuation. <br />Value of <br />Home <br />' 111 <br />2003 <br />Actual <br />' <br />2004 $ Increase <br />Estimated (decrease) <br />' <br />' • <br />% Increase <br />(decrease) <br />• ' <br />1 111 <br />3861 <br />397 <br />76 <br />• ' <br />111 <br />� 1 <br />�• <br />•: <br />•' <br />11 111 <br />515 <br />529 <br />15 <br />2.9%1 <br />111 <br />• <br />•• <br />:: <br />•' <br />* Note: Property valuations are determined by the Ramsey County Assessor's Office <br />As shown above, an average - valued home of $175,000 would see an increase of $13 or 2.9 %, holding <br />all other factors constant. <br />The following table summarizes the estimated tax impact on residential homes, based on the 2004 tax <br />levy and budget, estimates provided by Ramsey County, and assuming a 10% increase in property <br />valuation <br />15000 386 437 51 13.1 % <br />175,000 450 509 59 13.1 % <br />20000 <br />515 <br />582 <br />68 <br />13.1 % <br />225,000 <br />579 <br />655 <br />76 <br />13.1 % <br />* Original value shown. 2003 Impact reflects a 10% valuation increase. <br />The following table summarizes the estimated tax impact on commercial property, based on the 2004 <br />tax levy and budget, estimates provided by Ramsey County, and assuming no increase in property <br />valuation. <br />Value of <br />Property <br />' 1 111 <br />2003 <br />Actual <br />' • <br />2004 <br />Estimated <br />' • • <br />$ Increase <br />(decrease) <br />' <br />% Increase <br />(decrease) <br />• ' <br />11111 <br />•1 <br />• <br />•' <br />11111 <br />2380 <br />2448 <br />•: <br />2.9%1 <br />111111 <br />� • , <br />1• <br />, <br />• <br />111 111 <br />1 11 <br />1 :: <br />:: <br />• ' <br />12 <br />