FY01 BUDGET WORKSHEET

POSSIBLE CHANGES IN TAX BILL

CHANGE IN RURAL TAX ASKINGS

CLASSIFI-
CATION
FY00 VALUATION EQUIVALENT  FY01 ASSESSOR REVALUATION  FY01 EQUAL-
IZATION %
 TAX CALCULATION

COMPARISON

FY01
ACTUAL
VALUATION
 x FY01 ROLLBACK = FY01 TAXABLE VALUATION x FY01 LEVY/1000 = FY01 TAX BILL FY00 TAX BILL DIFF % CHANGE
AGLAND
RURAL
86,998 -0.05% 15% 100,000 96.3381% 96,338 8.33964 803.43 723.11 80.31 11.11%
IOWA CITY 88,496 0.00% 13% 100,000 96.3381% 96,338 5.53926 533.64 490.26 43.38 8.85%
OTHER CITIES 86,957 0.00% 15% 100,000 96.3381% 96,338 5.53926 533.64 476.57 57.07 11.98%
AGBUILDING
RURAL
86,998 -0.05% 15% 100,000 96.3381% 96,338 8.33964 803.43 723.11 80.31 11.11%
IOWA CITY 88,496 0.00% 13% 100,000 96.3381% 96,338 5.53926 533.64 490.26 43.38 8.85%
OTHER CITIES 86,957 0.00% 15% 100,000 96.3381% 96,338 5.53926 533.64 476.57 57.07 11.98%
AG DWELLING
RURAL
98,506 1.52% 0% 100,000 54.8525% 54,853 8.33964 457.45 445.61 11.84 2.66%
IOWA CITY 93,036 7.49% 0% 100,000 54.8525% 54,853 5.53926 303.84 294.48 9.36 3.18%
OTHER CITIES 97,316 2.76% 0% 100,000 54.8525% 54,853 5.53926 303.84 307.98 -4.14 -1.34%
RESIDENTIAL
RURAL
94,338 6.00% 0% 100,000 54.8525% 54,853 8.33964 457.45 445.27 12.18 2.74%
IOWA CITY 93,967 6.42% 0% 100,000 54.8525% 54,853 5.53926 303.84 292.63 11.21 3.83%
OTHER CITIES 92,750 7.82% 0% 100,000 54.8525% 54,853 5.53926 303.84 296.80 7.04 2.37%
COMMERCIAL
RURAL
90,119 10.96% 0% 100,000 98.7732% 98,773 8.33964 823.73 755.80 67.94 8.99%
IOWA CITY 93,523 6.93% 0% 100,000 98.7732% 98,773 5.53926 547.13 505.70 41.43 8.19%
OTHER CITIES 87,300 14.55% 0% 100,000 98.7732% 98,773 5.53926 547.13 500.06 47.07 9.41%
INDUSTRIAL
RURAL
110,335 -9.37% 0% 100,000 100.0000% 100,000 8.33964 833.96 936.72 -102.76 -10.97%
IOWA CITY 101,039 -1.03% 0% 100,000 100.0000% 100,000 5.53926 553.93 547.24 6.69 1.22%
OTHER CITIES 100,393 -0.39% 0% 100,000 100.0000% 100,000 5.53926 553.93 544.28 9.65 1.77%
UTILITIES
RURAL
100,000 0.00% 0% 100,000 100.0000% 100,000 8.33964 833.96 831.29 2.68 0.32%
IOWA CITY 100,000 0.00% 0% 100,000 100.0000% 100,000 5.53926 553.93 548.13 5.79 1.06%
OTHER CITIES 100,000 0.00% 0% 100,000 100.0000% 100,000 5.53926 553.93 548.13 5.79 1.06%

Previous