Loading...
Finance - Budgets - Updated July Market Values - 08/14/2018PROPERTY TAX REVENUE FY 18/19 8/6/18 ASSESSORS UPDATED #'S JULY MARKET VALUES ADOPTED BY CC 8/14/18 'Computation of 3% budget increase: Highest Non -Exempt P -Tax Budget Multiply line 1 by 3% Enter the amount you received for Solar Farm Tax from the immediate prior year. New Construction & Annexation allowable budget increases calculation: Enter the 2017 non-exempt levy rate from the "Maximum Budget and Foregone Worksheet". 1 (4) 1 0.0008888541 Enter the 2018 value of district's new construction roll from each applicable county below: County Name Value Ada County PRELIMARY $ AMOUNT (A) 232,183,180 (B) Total of new Construction Roll Value: (5) New Construction Roll allowable budget increase (multiply line 5 by line 4). Enter the 2018 value of district's annexation value from the applicable county below: Enter the 2018 value of annexation from property assessed by the County 1 (7) 1 Annexation allowable budget increase (multiply line 7 by line 4). 'Total Non -Exempt Allowable Budget (before P -tax Replacement and P -tax Substitute Funds deductions): 'Add lines 1+2+3+6+8 1 Property Tax Replacement: Enter yearly amount of the agricultural equipment replacement money. 1 (10) 19 Enter yearly amount of the personal property replacement money. 1 (11) 8,463 Information Reported in indicated columns of the "Recovered/Recaptured Property Tas and Refund List": Enter the Solar Farm Tax reported in column 1. (12) 0 Enter the 63-1305C Refund reported in column 2. (13) 0 Enter the total amount reported in columns 3, 4, 5, and 6. 1 (14) Enter the total of lines 10 thru 14: (Col. 5 of L-2 must equal this amount). (15) $8,482 'Forgone Amount Section: Please complete this section even if you don't plan on using or disclaiing your forgone amount. Enter the total forgone amount reported on the "Maximum Budget and Forgone Amount Worksheet." I (16) I 126 Enter any disclaimed forgone amount. This amount can't exceed what is reported on the resolution. (17) 0 resolution. (18) $0 Maximum Allowable Non-exempt Property Tax, Including Forgone Amount, That Can Be Levied: 0 Maximum non-exempt property tax budget including forgone amount. Line 9 minus 15 plus 18. 1 (19) 1 3,421,775 $3,128,040 $93,841 $0 0 232,183,180 (6) $206,377 2,249,000 (8) $1,999 1 (9) 1 $3,430,257 TAXABLE MARKET VALUES (JuLy Values) $4,127,158,632 FY 18/19 LEVY RATE: 0.000829087 Distribution of Property Tax Revenue: Library: Property Tax Revenue FY 17/18 $1,282,846 FY 18/19 Library request to fund Budget Proposal $110,883 Library Property Tax Revenue FY 18/19 $1,393,729 City: Property Tax Revenue FY 17/18 $1,836,712 FY 18/19 Property tax revunue $191,334 City Property Tax Revenue FY 18/19 $2,028,046 Total Property Tax Revenue FY 18/19 $3,421,775