Finance - Budgets - July Market Values - 08/05/2019PROPERTY TAX REVENUE FY 19/20
JULY - NEW MARKET VALUES
with 3% 8/5/2019
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.
(1) $3,430,257
(2) $102,908
(3) $0
New Construction & Annexation allowable budget increases calculation:
Enter the 2018 non-exempt levy rate from the "Maximum Budget and Foregone Worksheet".
1 (4) 1 0.0008293521 1
Enter the 2019 value of district's new construction roll from each applicable county below:
County Name
Value
Ada County PRELIMARY $ AMOUNT
(A) 350,100,785
(B) 0
Total of new Construction Roll Value:
(5) 350,100,785
New Construction Roll allowable budget increase (multiply line 5 by line 4).
(6) $290,357
Enter the 2019 value of district's annexation value from the applicable county below:
Enter the 2019 value of annexation from property assessed by the County
Annexation allowable budget increase (multiply line 7 by line 4).
(7) 61600,500
(8) $5,474
Total Non -Exempt Allowable Budget (before P -tax Replacement and P -tax Substitute Funds deductions):
Add lines 1+2+3+6+8
(9) $3,828,996
Property Tax Replacement:
Enter yearly amount of the agricultural equipment replacement money.
Enter yearly amount of the personal property replacement money.
(10) 19
(11) 81463
Information Reported in indicated columns of the "Recovered/Recaptured Property Tas and Refund List":
Enter the Solar Farm Tax reported in column 1.
Enter the recovered Homeowner's Exemption property tax reported in column 2.
Enter the total amount reported in columns 3.
Enter the total amount reported in columns 4, 5, and 6.
Enter the total of lines 10 thru 14: (Col. 5 of L-2 must equal this amount).
(12) 0
(13) 55
(14) 0
(15)
1 (16)1 8,537
Maximum Allowable Non-exempt Property Tax, Including Forgone Amount, That Can Be Levied:
Maximum non-exempt property tax budget including forgone amount. Line 9 minus line 16.
3,820,459
Forgone Amount Section: Please complete this section even if you don't plan on using or disclaming your forgone amount.
Enter the total forgone amount reported on the "Maximum Budget and Forgone Amount Worksheet."
Enter any disclaimed forgone amount. This amount can't exceed what is reported on the resolution.
Enter the forgone amount included in your budget. This amount can't exceed what is reported on the attached
(17) 126
(18) 0
(19) s0
Maximum Allowable Non-exempt Property Tax, Including Forgone Amount, That Can Be Levied:
Maximum non-exempt property tax budget including forgone amount. Line 9 minus line 16 plus19.
(20) $3,820,459
TAXABLE MARKET VALUES (July Values)
$5326335543707
FY 19/20 LEVY RATE: 0.000725832
Distribution of ProDerty Tax Revenue:
Library:
Property Tax Revenue FY 18/19
FY 19/20 Library request to fund Budget Proposal $1,468,030.00
City:
Property Tax Revenue FY 18/19
FY 19/20 Property tax revunue
$1,393,729
$74,301
Library Property Tax Revenue FY 19/20 $1,468,030
$2,028,046
$324,383
City Property Tax Revenue FY 19/20 $2,352,429
Total Property Tax Revenue FY 19/20 $3,820,459
PROPERTY TAXES - LEVY FY 19/20
PROPERTY TAX COMPARISON LAST THREE FISCAL YEARS
TAXABLE
VALUE OF
RESIDENCE
FY 16/17
3% AND
ALL FOREGONE
LEVY RATE
0.000898338
FY 17/18
WITH 3%
.00088560
ANNUAL
DECREASE IN
PROPERTY
TAXES
FY 18/19
WITH 3%
.000829087
ANNUAL
DECREASE IN
FY 19/20
WITH 3%
.000725832
ANNUAL
DECREASE IN
PROPERTY
TAXES
PROPERTY
TAXES
$803000.00
$71.87
$70.85
-$1.02
$66.33
-$4.52
$58.07
-$8.26
$903000.00
$80.85
$79.70
-$1.15
$74.62
-$5.09
$65.32
-$9.29
$953000.00
$85.34
$84.13
-$1.21
$78.76
-$5.37
$68.95
-$9.81
$1003000.00
$89.83
$88.56
-$1.27
$82.91
-$5.65
$72.58
-$10.33
$1253000.00
$112.29
$110.70
-$1.59
$103.64
-$7.06
$90.73
-$12.91
$1503000.00
$134.75
$132.84
-$1.91
$124.36
-$8.48
$108.87
-$15.49
$1753000.00
$157.21
$154.98
-$2.23
$145.09
-$9.89
$127.02
-$18.07
$2003000.00
$179.67
$177.12
-$2.55
$165.82
-$11.30
$145.17
-$20.65
$2253000.00
$202.13
$199.26
-$2.87
$186.54
-$12.72
$163.31
-$23.23
$2503000.00
$224.58
$221.40
-$3.18
$207.27
-$14.13
$181.46
-$25.81
$3003000.00
$269.50
$265.68
-$3.82
$248.73
-$16.95
$217.75
-$30.98
$3253000.00
$291.96
$287.82
-$4.14
$269.45
-$18.37
$235.90
-$33.56
$3503000.00
$314.42
$309.96
-$4.46
$290.18
-$19.78
$254.04
-$36.14
$3753000.00
$336.88
$332.10
-$4.78
$310.91
-$21.19
$272.19
-$38.72
$4003000.00
$359.34
$354.24
-$5.10
$331.63
-$22.61
$290.33
-$41.30
$4503000.00
$404.25
$398.52
-$5.73
$373.09
-$25.43
$326.62
-$46.46
$5003000.00
$449.17
$442.80
-$6.37
$414.54
-$28.26
$362.92
-$51.63
PROPERTY TAXES
FROM FY 16/17 TO FY 19/20
TAXABLE
VALUE OF
RESIDENCE
FY 16/17
LEVY RATE
0.00089834
FY 19/20
WITH 3%
.000725832
DECREASE
IN
PROPERTY
TAXES
$803000.00
$71.87
$58.07
-$13.80
$903000.00
$80.85
$65.32
-$15.53
$953000.00
$85.34
$68.95
-$16.39
$1003000.00
$89.83
$72.58
-$17.25
$1253000.00
$112.29
$90.73
-$21.56
$1503000.00
$134.75
$108.87
-$25.88
$1753000.00
$157.21
$127.02
-$30.19
$2003000.00
$179.67
$145.17
-$34.50
$2253000.00
$202.13
$163.31
-$38.81
$2503000.00
$224.58
$181.46
-$43.13
$3003000.00
$269.50
$217.75
-$51.75
$3253000.00
$291.96
$235.90
-$56.06
$3503000.00
$314.42
$254.04
-$60.38
$3753000.00
$336.88
$272.19
-$64.69
$4003000.00
$359.34
$290.33
-$69.00
$4503000.00
$404.25
$326.62
-$77.63
$5003000.00
$449.17
$362.92
-$86.25
CITY OF EAGLE FY 17/18
PROPERTY TAXES - LEVY 8/5/19
Taxable Property Value FY 18/19 $4,127,158,632 $1,136,396,075 Difference
Taxable Property Value FY 19/20 $5326335543707
3% LEVY RATES
THE ANNUAL INCREASE IN PROPERTY TAXES
TAXABLE
VALUE OF
RESIDENCE
FY 18/19
3% $93,841
0.000829087
FY 19/20
3% $102,908
0.000725832
ANNUAL INCREASE
PROPERTY
TAXES
MONTHLY INCREASE
PROPERTY
TAXES
$803000.00 $66.33
$58.07 -$8.26
-$0.69
$903000.00 $74.62
$65.32 -$9.29
-$0.77
$953000.00 $78.76
$68.95 -$9.81
-$0.82
$1003000.00 $82.91
$72.58 -$10.33
-$0.86
$1253000.00 $103.64
$90.73 -$12.91
-$1.08
$1503000.00 $124.36
$108.87 -$15.49
-$1.29
$1753000.00 $145.09
$127.02 -$18.07
-$1.51
$2003000.00 $165.82
$145.17 -$20.65
-$1.72
$2253000.00 $186.54
$163.31 -$23.23
-$1.94
$2503000.00 $207.27
$181.46 -$25.81
-$2.15
$3003000.00 $248.73
$217.75 -$30.98
-$2.58
$3253000.00 $269.45
$235.90 -$33.56
-$2.80
$3503000.00 $290.18
$254.04 -$36.14
-$3.01
$3753000.00 $310.91
$272.19 -$38.72
-$3.23
$4003000.00 $331.63
$290.33 -$41.30
-$3.44
$4503000.00 $373.09
$326.62 -$46.46
-$3.87
$5003000.00 $414.54
$362.92 -$51.63
-$4.30