Finance - Budgets - Property Tax Revenue FY 13/14 - 08/05/2013PROPERTY TAX REVENUE FY 13/14 APPROVED BY CC 8/6/13
No 3% & No Foregone - with reduction of savings from CH Bond Election 8/5/2013
Computation of 3% budget increase:
Highest Non-Exempt P-Tax Budget (1)$1,744,869
Multiply line 1 by 3%(2)$0
SAVINGS FROM PASSING CITY BOND $260,230
CITY HALL BOND FUND BUDGET FY 13/14 $105,833 - DIFF=$154,397)-$154,397
New Construction & Annexation budget increases:
Enter the 2012 value of district's new construction roll from each applicable
county below:
County Name
Ada County (A)75,159,356
(B)
Total of new Construction Roll Value for the District:(3)75,159,356
Enter the 2013 value of annexation from property assessed by the County (A)602,800
Enter the 2013 value of annexation from Operating Property.(B)0
Total Annexation Value:(4)602,800
Enter the total 2013 approved non-exempt levy rate:(5).000895784
New Construction Roll budget increase (multiply line 3 by line 5).(6)$67,327
Annexation budget increase (multiply line 4 by line 5).(7)$540
Foregone Amount:
Enter the total available foregone amount here.(8)$0
Maximum Allowable Non-exempt Property Tax Budget:
Add lines 1+2+6+7+8 (9)$1,658,339
Property Tax Replacement
Enter yearly amount of the agricultural replacement money.(10)$19
Enter recovered Homeowner's Exemption property tax.(11)
Enter recaptured QIE.(12)
Enter the total of lines 10, 11, and 12: (Must match col. 5 budget total of L-2).(13)$19
Maximum Allowable Non-exempt Property Tax to be Levied:
Subtract line 13 from line 9 (14)$1,658,320
POTENTIAL TAXABLE MARKET VALUE (May):$2,197,766,298
FY 13/14 LEVY RATE: 0.000754548
FY 12/13 Actual Levy Rate:0.000895784
FY 12/13 Actual Taxable Market Value:$1,939,638,718
Distribution of Property Tax Revenue:
Library:
Property Tax Revenue FY 12/13 $745,482
Property Tax Revenue Request - FY 13/14 $190,678
Library Property Tax Revenue FY 13/14 $936,160
City:
Property Tax Revenue FY 12/13 $883,238
Property Tax Revenue - FY 13/14 -$161,078
City Property Tax Revenue FY 13/14 $722,160
Total Property Tax Revenue FY 13/14 $1,658,320