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Additional 5.2 A-D 2020 Preliminary Budget Presentation
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12-03-2019 City Council Meeting
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Additional 5.2 A-D 2020 Preliminary Budget Presentation
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12/6/2019 12:26:04 PM
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� � <br /> I I I I • • I <br /> �..: <br /> ��;. <br /> Estimated mkt value minus � ' <br /> homestead exclusion and <br /> exempt properties = Taxable <br /> Market Value (TMV) <br /> .�,��: <br /> . ..� <br /> ��¢-. <br /> ..:,`X:..'.,. <br /> City tax levy divided by NTC TMV multiplied by State <br /> = City Tax Rate classification rates = Tax <br /> Capacity (TC) <br /> ,r� <br /> � �ti� � <br /> TC minus TIF districts = Net <br /> Tax Capacity (NTC) <br />
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