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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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ro e r ax tate m e nts <br /> • Property tax statements received in November were calculated <br /> based on the preliminary tax levy the City Council adopted in <br /> September of 2019 which reflected a 6.73% l evy increase. <br /> • Presented tonight is a preliminary tax levy which reflects a 6.44% <br /> levy increase from 2019. <br /> • The following table illustrates the estimated tax impact of the 6.44% <br /> preliminary levy increase on the City portion of property taxes. <br /> � a yi� � .�.p � q. .. � ¢ . „ A ^..��n'��� �� 7 -Ji�, � i'.y"r���ii �P y^, 'iw,,,y� ., <br /> ri il i 9 II o � � �Mr i �, �p��. r����II 7�� h+b <br /> ������ �I�,�4�a� ����h'� �aa,�� ���,��1 li UP ,��� ���°� �� I� ��(i i � ; <br /> , <br /> • . � • . � � � <br /> �:. <br /> - <br /> ,' <br /> f.u n; <br /> Residential Homestead $150,000 $22 decrease <br /> $200,000 $29 decrease <br /> $250,000 $36 decrease <br /> Commercial $200,000 $46 decrease <br /> $300,000 $75 decrease <br /> $400,000 $104 decrease <br />
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