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<br />J't
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<br />
<br />
<br />IU;VEf'o'{JE l'IWJ~:CnONS (SLIM or ALL ZONES IN OKI,.;K TO A I)JUST I,EVY ANNUAIJLVI ~ \"'iJ ~
<br />
<br />Ye.,.> Ba.. 2000 2001 2002 2003
<br />
<br />[I) Re,;denllal ^,,,,...d Value 5 U39,791,J80 5 U44,I63,213 $ U48,729,047 U~3, 194,880 51,317,660,713
<br />12) CII Ass..sed Value $641,722.900 $647,1 II 342 $6~2,499,78) $M7,888,22~ S66D16,667
<br />(3) Pe"onal Proo<rty A....sed V.lue $2!.553.800 $21,$53,800 521.553,800 521,5~3,800 H1J53,800
<br />[4) TOEaI A.....ed V.lue $2.003.<174.080 S2.<l12,928,355 $2,022,782.630 S2.032,636.905 $2,042,491,180
<br />
<br />2004 20m
<br />
<br />5 U62,] 26,$47 S U66.~n,3S0
<br />$668,66$,108 5674,0\3.5$0
<br />521 ,553,800 $21,5$3,800
<br />$2,O~2,345,455 52,062,199.730
<br />
<br />cn Tn CiipilllCil)' S41.088.096 S41.334,352 541.'580,607 HI ,826,863 $42,013.119 S42,319,375 $420565,630
<br />(6) FD ConlribulJOn 56.605.48.\ 56,680,02~ $6,754,564 56,829,104 $6,903,643 '56,978,183 57.0.12,723
<br />(7) TII~ ]ncremcnn 5.\.48$.22$ 5$ ,48$ ,22$ $$,48$ 22$ 55,485,22$ $$,485.225 $5.485,22$ $5485,225
<br />(8) Nel Tn C..plLCity S28.991.386 $29.169,]02 529.340.818 529.512.534 $19,684.250 S29,8~$,966 $30,021.683
<br />(9) FD Distribution 52.737.759 S2.736,112 $2 734,$01 52132,942 H,131.418 52.129,933 52.728.487
<br />(10) La-sl Ynr's Tu Rale 19.997% 19.991<;1, 19.919<;1, 19.44% 19.51% 19.54% 19.57%
<br />(II) FD Revenues 10 C.'y $47,470 541,140 $44,699 $$31,180 5$32,986 $533.364 S$33.871
<br />(12) Gross Levy S8.151.12) 58.191,223 S8 ,23 L .323 58.271.423 $8.311.523 58,351,623 $8.391.723
<br />(13) Local Govctnmcnt Aid $8.7 23 SIU64 $163.345 $160,724 5158,LOI $15$.478 S I $2.8$4
<br />(14) Local Performatlce Aid $70.000 : $10,1$1 570.302 $70,4$3 $70,6()$ $7<1.156 $70.901
<br />(15) HACA 51.750.236 , 51.7$0,236 $1,1$0,236 $1.7 50.236 $1.7$0,236 51.7$0.236 $1.7$0.236
<br />(16) Cenified Levy 56.322.164 . S6.3$7.472 $6,247,440 56.290,010 $6.332,:m S6,375.153 56,411.726
<br />(17) FD Rc::vr:hUc:5 to Cil 5$47.470 . $H7 140 $~44 ,699 .131 180 ~32.986 .IJU64 53H71
<br />(18) Adju;!.led Levy 55.774.694 55,810,H2 $~,102,14 L $,158.830 5.799.595 ~.841,189 $.883.85$
<br />(18) Adju:ued Levy S$.810.B2 5$,1<12.14L $.758.830 $.799,$95 U41.789 5.883.8$$
<br />(8) Net T4I1; C;,I aciE S29,169 102 529.340818 29,~ 12,534 29.684,250 29.85$.966 30.021.683
<br />(.9) T;u, R..E.e- 19,9]9% 19.44% 19.$1 '1 19.54% 19.57% 1959%
<br />(20) PopuLation 34,334 34.408 )4,483 34,$57 )4,631 34,705 34,779
<br />(2]) fD Distribution per Person 580 $80 579 579 S79 579 $78
<br />(22) ^ueu.ed Viduc per Pen.on s58.f40 $ 58.$0 1 5$8.661 $58,B20 5SB.919 $59.137 $59.294
<br />(23) % Chang' A VlPerson 0,l8'" 0.21% <1,27'1 0.21% <127'1 0.11%
<br />(2-4) FD Revenues. itS ~ or Cen Levy 8,1% 8,6% 8.7% 8.4% 8.4% 8,4% 8.3'1
<br />(25) FD Revenues per p~ rson $]$,9 $L5.9 S15.8 $1$.4 515.4 $1$.4 SI$,4
<br /> LOCAL GOVERN~U;NT A [I} R~:V~:f'o'm; I'IWJECTIONS
<br /> Yea,.> ~ 1998 Ba.. 2000 2001 2002 2003 2004
<br /> C
<br />(26) Total CI." 3 Re.1 ProperlY M V 5568 ,909 .9~3 $641,122,900 $647,111,342 $652,499,183 5657,888,225 5663,276,667 5668.66$.108
<br />(21) Tau1 Real & Person;:!1 MV S 1,868 ,133 ,3~7 $2,003,074.080 $2,012,928,355 52.022.782,630 $2,032.636,905 5~,042,491,180 52,052 .34.~.4.~5
<br />(28) Clt MV Percenl.g. 30.45'.1 no.. 32.1% 32.3% 32.4% 325'1 32.6'1
<br />(29) Pre-I 940 Hou,ing Un;" ~ $15 51$ $L5 ~JS 5L5
<br />(30) TOEiil Hou$it~l Un)u 14 1$.17$ 15,208 1$.241 15,214 1.~.307
<br />(3]) P,-e.1940 Hous=ng Unit Perc.emotge .62'.. ,40% 3.39% 3.39'.1 3.38'1 3.37'1 3,36'1
<br />(32) City Revenue Need 119.13 279.13 5279.15 $279,17 5279,19 H79.22 $279.24
<br />(33) PiI-)'oiIbl-e Cily N~E Tlllx C..pacjEY $36,639,347 $J6.639,]47 $31,735,145 SJI.90~.214 532.015,315 $J2,24$.476 532.4L5.668
<br />(34) T.. Effon R.,e 25,85'.1 2$.8$% 2$.85% 2~.85'f 2$.8~% 25-85% 25.85'1
<br />(3.5) Ne~d [ncreas.e PerccnI;I&:c lL64',f 11.64% 11.64% 11.64% LI.64% 11.64% 11.64'1
<br />(36) City Aid Bu. SO SO 50 50 SO 50 $0
<br />(37) Ciey Formul. Aid $B.734 58,734 SI3,375 $163.3$6 SI6().135 $158.112 515$.489
<br />(38) To,.IAid 58,734 58,7}4 513,37:'1 5163.356 S160,73~ $158,] 12 5155,489
<br />(39) Toli!1 Aid After Dc:dlLtti(Jn~ $8,723 58.123 SI3,364 $I 63.345 5160,124 $158,101 SI~$.478
<br />
<br />The following defines and explains the relationship of each of the line items in the table,
<br />including how and why calculations are conducted and how the results change over time based
<br />on the marginal projections.
<br />
<br />1. Residential Assessed Value. This is the total Citywide residential assessed value for each
<br />projection year. The total assessed value increases each year based on the Citywide
<br />residential unit growth projections and is calculated by multiplying the marginal assessed
<br />value of new single family and multifamily units times the tax class rates for residential
<br />property.
<br />
<br />2. CIl Assessed Value. This is the total Citywide Commercial and Industrial assessed value for
<br />each projection year. The total assessed value increases each year based on the Citywide
<br />nonresidential growth projections and is calculated by multiplying the marginal assessed
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<br />Page 36
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<br />Tischler & Associates, Inc.
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