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City of Roseville — 2007 Budget <br />The following table summarizes the estimated tax impact on residential homes, based on the 2007 <br />proposed tax levy and budget, estimates provided by Ramsey County, and assuming no increase in <br />property valuation. <br />17500 406 398 (8) (1.9)% <br />200,000 464 455 (9) (1.9)% <br />25000 <br />580 <br />569 <br />(11) <br />(1.9)% <br />300,000 <br />696 <br />683 <br />(14) <br />(1.9)% <br />* Note: Property valuations are determined by the Ramsey County Assessor's Office <br />As shown above, an average - valued home of $200,000 would see a decrease of $9 or 1.9 %, holding all <br />other factors constant. <br />The following table summarizes the estimated tax impact on residential homes, based on the 2007 <br />proposed tax levy and budget, estimates provided by Ramsey County, and assuming a 15% increase in <br />property valuation. <br />Value of <br />Home <br />' 1 111 <br />2006 <br />Actual <br />', . ; <br />2007 <br />Estimated <br />, • <br />$ Increase <br />(decrease) <br />, .. <br />% Increase <br />(decrease) <br />' <br />111 <br />4061 <br />458 1 <br />52 <br />1 12.7%. <br />11 111 <br />� •� <br />� <br />• <br />' <br />1 111 <br />:1 <br />• � <br />� <br />' <br />11 111 <br />••• <br />(1.9)%l <br />:• <br />' <br />* Original value shown. 2007 Impact reflects a 15% valuation increase. <br />The following table summarizes the estimated tax impact on commercial property, based on the 2007 <br />tax levy and budget, estimates provided by Ramsey County, and assuming no increase in property <br />va]uatinn_ <br />Value of <br />Property <br />$ 15000 <br />2006 <br />Actual <br />$ 522 <br />2007 <br />Estimated <br />$ 512 <br />$ Increase <br />(decrease) <br />$ (10) <br />% Increase <br />(decrease) <br />(1.9)% <br />30000 <br />1,219 <br />1,195 <br />(24) <br />1.9) <br />% <br />50000 <br />2,147 <br />2,106 <br />(42) <br />(1.9)% <br />1,000,000 <br />4,469 <br />4,3 82 <br />(87) <br />(1.9)%l <br />2,00000 <br />1 9,112 1 <br />8,934 f <br />(177)1 <br />(1.9)%j <br />10 <br />