TAX IMPACT: $3.5M BOND FOR NEW MUNICIPAL CENTER
Note: Unlike regular loan payments, bond payments decrease in size as the principal decreases. The highest payment is the first payment, lowest is the last.
| |
TAX |
|
|
|
AVERAGE |
| |
INCREASE |
|
|
|
MONTHLY |
| RES. VALUE |
HI |
LO |
AVE |
|
INCREASE |
| $55,000 |
$ 147 |
$ 81 |
$ 120 |
~~~~~~ |
$ 10 |
| $65,000 |
$ 174 |
$ 96 |
$ 142 |
~~~~~~ |
$ 12 |
| $75,000 |
$ 201 |
$ 111 |
$ 164 |
~~~~~~ |
$ 14 |
| $85,000 |
$ 228 |
$ 126 |
$ 186 |
~~~~~~ |
$ 16 |
| $95,000 |
$ 255 |
$ 140 |
$ 208 |
~~~~~~ |
$ 17 |
| $100,000 |
$ 268 |
$ 148 |
$ 218 |
~~~~~~ |
$ 18 |
| $110,000 |
$ 295 |
$ 162 |
$ 240 |
~~~~~~ |
$ 20 |
| $125,000 |
$ 335 |
$ 185 |
$ 273 |
~~~~~~ |
$ 23 |
| $135,000 |
$ 362 |
$ 199 |
$ 295 |
~~~~~~ |
$ 25 |
| $145,000 |
$ 389 |
$ 214 |
$ 317 |
~~~~~~ |
$ 26 |
| $150,000 |
$ 402 |
$ 222 |
$ 328 |
~~~~~~ |
$ 27 |
| $160,000 |
$ 429 |
$ 236 |
$ 350 |
~~~~~~ |
$ 29 |
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Last Updated on 11/14/01
By Marianne Blake