Finance - Budgets - Taxable Market Value (May) - 08/12/2014PROPERTY TAX REVENUE FY 14/15
8/12/14 Revised with new numbers from Assessors Office for Personal Property Replacement Money
Same Levy Rate as FY 13/14
Computation of 3% budget increase:
Highest Non-Exempt P-Tax Budget (1)$1,722,532
Multiply line 1 by 3%(2)$0
New Construction & Annexation budget increases:
Enter the 2014 value of district's new construction roll from each applicable
county below:
County Name
Ada County (A)118,370,368
(B)
Total of new Construction Roll Value for the District:(3)118,370,368
Enter the 2014 value of annexation from property assessed by the County (A)2,655,200
Enter the 2014 value of annexation from Operating Property.(B)0
Total Annexation Value:(4)2,655,200
Enter the total 2013 approved non-exempt levy rate:(5).000755806
New Construction Roll budget increase (multiply line 3 by line 5).(6)$89,465
Annexation budget increase (multiply line 4 by line 5).(7)$2,007
Foregone Amount:
Enter the total available foregone amount here.(8)$164,117
Maximum Allowable Non-exempt Property Tax Budget:
Add lines 1+2+6+7+8 (9)$1,978,121
Property Tax Replacement
Enter yearly amount of the agricultural equipment replacement money.(10)$19
Enter yearly amount of the personal property replacement money.(11)$8,463
Enter recovered Homeowner's Exemption property tax.(12)
Enter recaptured Qualified Investment Exemption.(13)
Enter the total of lines 10 through 13: (Must match col. 5 budget total of L-2).(14)$8,482
Maximum Allowable Non-exempt Property Tax to be Levied:
Subtract line 14 from line 9 (15)$1,969,639
TAXABLEMARKET VALUE (May):$2,610,354,475
FY 14/15 LEVY RATE: 0.000754548
FY 13/14 LEVY RATE:0.000754548
Distribution of Property Tax Revenue:
Library:
Property Tax Revenue FY 13/14 $936,160
FY 14/15 Library request to fund Budget Proposal ($1,026,259)$90,099
6/30/14 City Council Meeting - Reduce Library Budget by $50,000 -$50,000
Library Property Tax Revenue FY 14/15 $976,259
City:
Property Tax Revenue FY 13/14 $722,160
Property Tax Revenue - FY 14/15 $221,218
6/30/14 City Council's decision to reduce Library Budget by $50,000
increaseses the portion of property taxes for the City by $50,002 $50,002
City Property Tax Revenue FY 14/15 $993,380
Total Property Tax Revenue FY 14/15 $1,969,639