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<br />~ <br /> <br />Column A--Anytown <br /> <br />This is the name of your city <br /> <br />: . <br /> <br />Column B--250,000 <br /> <br />This is the 1997 value used for identifying homesteads in your city that were above this <br />hurdle number. This hurdle number was the result of multiplying the base value (see <br />above for the definition of the base value) times the CPI change ITom 1995 to 1997. <br /> <br />Column C--255,736 <br /> <br />This is the 1998 value used for identifying homesteads in your city that were above this <br />hurdle number. It is exactly like Column B, except the CPI change is now ITom 1995 to <br />1998. <br /> <br />Column D-200,000 <br /> <br />This is the 1995 sum of all houses having values above the base value. It represents only <br />those houses that were above the base value, and reflects only the amount left over after <br />subtracting the base value ITom each house valuation. For example: If a high priced <br />house had a value of $ 240,000 and the base value for the city was $ 235,000, then that <br />high priced house had an excess of 5,000 ( 240,000 - 235,000 = 5,000 ). The original <br />amount does not change. This original figure is used to determine if your city has had <br />any growth in high priced homes since 1995. <br /> <br />Column E-250,000 <br /> <br />This is the 1998 sum of the high priced homes having values above the current hurdle <br />rate found in Column C. Like Column D, it represents only the excess amounts not the <br />entire home value. <br /> <br />Column F-50,000 <br /> <br />Quite simply this is Column F minus Column E. If your city has added higher priced <br />homes since 1995 you will have a balance in this column. If your city has not seen an <br />increase in the higher priced homes since 1995 there will be no balance in this column. <br />There is no negative balance in this column. All negative values become zero. This figure <br />is the basis for all subsequent calculations on this form. <br /> <br />Column G-12,500.00 <br /> <br />This number is your increased growth in higher priced homes ( Column F ) multiplied by <br />your city's local tax rate ( Column K). It represents the extra property taxes received by <br />your city on the higher priced homes identified in Column E. <br /> <br />T _ -rlllr- <br />