Estimated Tax Impact

The following table shows the tax impact to a property owner that is imposed by the FY 18 budget and tax levy. This is compared to the impact felt by the FY 16 budget and levy. The table shows three different scenarios based upon three different property values. The calculations take into account any applicable property tax rollback, but do not include any applicable tax credits a property owner may receive as these vary from property to property. The table shows the impact of any increase/decrease due to the state mandated rollback and also from the increase in the City's property tax levy. Individual property values may changes based on the actions of the County Assessor. These estimates anticipate a zero net change in 100% valuation.