| All Taxing Entities Scenario | |||||||||||||||||
| EXAMPLE: New construction of SF home in NRD valued at $97,771 | |||||||||||||||||
| Lot Appraised* | Lot Assessed | Property Tax** | New Appraised*** | New Assessed | New Tax | Revenue-Plan | Added Value | Annual Rebate | Revenue Loss/Gain | ||||||||
| 2007 | $ 52,878.00 | $ 6,080.97 | $ 668.91 | $ 150,589.00 | $ 17,317.74 | $ 1,904.95 | $ 730.71 | $ 97,711.00 | $ 1,174.24 | $ 61.80 | |||||||
| 2008 | $ 54,993.12 | $ 6,324.21 | $ 695.66 | $ 156,612.56 | $ 18,010.44 | $ 1,981.15 | $ 806.91 | $ 1,174.24 | $ 111.24 | ||||||||
| 2009 | $ 57,192.84 | $ 6,577.18 | $ 723.49 | $ 162,877.06 | $ 18,730.86 | $ 2,060.39 | $ 886.15 | $ 1,174.24 | $ 162.66 | ||||||||
| 2010 | $ 59,480.56 | $ 6,840.26 | $ 752.43 | $ 169,392.14 | $ 19,480.10 | $ 2,142.81 | $ 968.57 | $ 1,174.24 | $ 216.14 | ||||||||
| 2011 | $ 61,859.78 | $ 7,113.87 | $ 782.53 | $ 176,167.83 | $ 20,259.30 | $ 2,228.52 | $ 1,054.28 | $ 1,174.24 | $ 271.75 | ||||||||
| 2012 | $ 64,334.17 | $ 7,398.43 | $ 813.83 | $ 183,214.54 | $ 21,069.67 | $ 2,317.66 | $ 1,143.42 | $ 1,174.24 | $ 329.59 | ||||||||
| 2013 | $ 66,907.54 | $ 7,694.37 | $ 846.38 | $ 190,543.13 | $ 21,912.46 | $ 2,410.37 | $ 1,236.13 | $ 1,174.24 | $ 389.75 | ||||||||
| 2014 | $ 69,583.84 | $ 8,002.14 | $ 880.24 | $ 198,164.85 | $ 22,788.96 | $ 2,506.79 | $ 1,332.54 | $ 1,174.24 | $ 452.31 | ||||||||
| 2015 | $ 72,367.19 | $ 8,322.23 | $ 915.45 | $ 206,091.44 | $ 23,700.52 | $ 2,607.06 | $ 1,432.81 | $ 1,174.24 | $ 517.37 | ||||||||
| 2016 | $ 75,261.88 | $ 8,655.12 | $ 952.06 | $ 214,335.10 | $ 24,648.54 | $ 2,711.34 | $ 1,537.10 | $ 1,174.24 | $ 585.03 | ||||||||
| 2017 | $ 78,272.36 | $ 9,001.32 | $ 990.15 | $ 222,908.51 | $ 25,634.48 | $ 2,819.79 | $ 1,645.55 | $ 1,174.24 | $ 655.41 | $12,916.66 | |||||||
| 2018 | $ 81,403.25 | $ 9,361.37 | $ 1,029.75 | $ 231,824.85 | $ 26,659.86 | $ 2,932.58 | $ 2,932.58 | $ - | $ 1,902.83 | ||||||||
| 2019 | $ 84,659.38 | $ 9,735.83 | $ 1,070.94 | $ 241,097.84 | $ 27,726.25 | $ 3,049.89 | $ 3,049.89 | $ - | $ 1,978.95 | ||||||||
| 2020 | $ 88,045.76 | $ 10,125.26 | $ 1,113.78 | $ 250,741.75 | $ 28,835.30 | $ 3,171.88 | $ 3,171.88 | $ - | $ 2,058.10 | ||||||||
| 2021 | $ 91,567.59 | $ 10,530.27 | $ 1,158.33 | $ 260,771.42 | $ 29,988.71 | $ 3,298.76 | $ 3,298.76 | $ - | $ 2,140.43 | ||||||||
| 2022 | $ 95,230.29 | $ 10,951.48 | $ 1,204.66 | $ 271,202.28 | $ 31,188.26 | $ 3,430.71 | $ 3,430.71 | $ - | $ 2,226.05 | $14,059.42 | |||||||
| 2023 | $ 99,039.50 | $ 11,389.54 | $ 1,252.85 | $ 282,050.37 | $ 32,435.79 | $ 3,567.94 | $ 3,567.94 | $ - | $ 2,315.09 | ||||||||
| 2024 | $ 103,001.08 | $ 11,845.12 | $ 1,302.96 | $ 293,332.39 | $ 33,733.22 | $ 3,710.65 | $ 3,710.65 | $ - | $ 2,407.69 | ||||||||
| 2025 | $ 107,121.13 | $ 12,318.93 | $ 1,355.08 | $ 305,065.68 | $ 35,082.55 | $ 3,859.08 | $ 3,859.08 | $ - | $ 2,504.00 | ||||||||
| 2026 | $ 111,405.97 | $ 12,811.69 | $ 1,409.29 | $ 317,268.31 | $ 36,485.86 | $ 4,013.44 | $ 4,013.44 | $ - | $ 2,604.16 | ||||||||
| 2027 | $ 115,862.21 | $ 13,324.15 | $ 1,465.66 | $ 329,959.04 | $ 37,945.29 | $ 4,173.98 | $ 4,173.98 | $ - | $ 2,708.32 | $26,598.68 | |||||||
| 2028 | $ 120,496.70 | $ 13,857.12 | $ 1,524.28 | $ 343,157.40 | $ 39,463.10 | $ 4,340.94 | $ 4,340.94 | $ 2,816.66 | |||||||||
| 2029 | $ 125,316.57 | $ 14,411.41 | $ 1,585.25 | $ 356,883.70 | $ 41,041.63 | $ 4,514.58 | $ 4,514.58 | $ 2,929.32 | |||||||||
| 2030 | $ 130,329.23 | $ 14,987.86 | $ 1,648.66 | $ 371,159.05 | $ 42,683.29 | $ 4,695.16 | $ 4,695.16 | $ 3,046.50 | |||||||||
| 2031 | $ 135,542.40 | $ 15,587.38 | $ 1,714.61 | $ 386,005.41 | $ 44,390.62 | $ 4,882.97 | $ 4,882.97 | $ 3,168.36 | |||||||||
| 2032 | $ 140,964.09 | $ 16,210.87 | $ 1,783.20 | $ 401,445.63 | $ 46,166.25 | $ 5,078.29 | $ 5,078.29 | $ 3,295.09 | |||||||||
| 2033 | $ 146,602.66 | $ 16,859.31 | $ 1,854.52 | $ 417,503.45 | $ 48,012.90 | $ 5,281.42 | $ 5,281.42 | $ 3,426.90 | |||||||||
| 2034 | $ 152,466.76 | $ 17,533.68 | $ 1,928.70 | $ 434,203.59 | $ 49,933.41 | $ 5,492.68 | $ 5,492.68 | $ 3,563.97 | |||||||||
| 2035 | $ 158,565.43 | $ 18,235.02 | $ 2,005.85 | $ 451,571.73 | $ 51,930.75 | $ 5,712.38 | $ 5,712.38 | $ 3,706.53 | |||||||||
| 2036 | $ 164,908.05 | $ 18,964.43 | $ 2,086.09 | $ 469,634.60 | $ 54,007.98 | $ 5,940.88 | $ 5,940.88 | $ 3,854.79 | |||||||||
| 2037 | $ 171,504.37 | $ 19,723.00 | $ 2,169.53 | $ 488,419.99 | $ 56,168.30 | $ 6,178.51 | $ 6,178.51 | $ 4,008.98 | |||||||||
| 2038 | $ 178,364.55 | $ 20,511.92 | $ 2,256.31 | $ 507,956.79 | $ 58,415.03 | $ 6,425.65 | $ 6,425.65 | $ 4,169.34 | |||||||||
| $ 41,941.43 | $106,526.55 | $ 64,585.12 | |||||||||||||||
| *Based on the average lot valuation in NRD | |||||||||||||||||
| **Based on current mill levy of .11. | |||||||||||||||||
| ***Based on the average permit valuation for a single family new construction project in NRD plus the original appraised value of the lot. | |||||||||||||||||
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