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Below is a sample table if the income -based assessment is chosen: <br />Income Based — AMI Household — 2022 Roseville - $87,702 <br />Property Owner Income Amount <br />Amount — Per Year <br />30% AMI - $26,310 <br />Up <br />to 5% of AMI or 3 equal payments <br />60% AMI - $52,621 <br />Up <br />to 5% of AMI or 3 equal payments <br />100% AMI — 87,702 <br />Up <br />to 5% of AMI or 3 equal payments <br />For a 30% AMI example, a $2,000 assessment would be $1,000/year plus interest for two years and a <br />$7,500 assessment would be $2,500/year plus interest for 3 years. <br />For a 60% AMI example, a $2,000 assessment would be $2,000/year plus interest for one year and a <br />$7,500 assessment would be $2,500/year plus interest for 3 years. <br />For a 100% AMI example, a $2,000 assessment would be $2,000/year plus interest for one year and a <br />$7,500 assessment would be $3,750/year plus interest for 2 years. <br />Recommendation <br />Provide feedback and recommendations on the assessment policy changes. <br />Attachments <br />1. Draft Assessment Policy <br />Page 37 of 43 <br />