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<br />e <br /> <br />e <br /> <br />10. 1985 Taxable value of property annexed since <br /> <br />Jan. 1, 1984.................................$ <br />11. 1985 Tax levy needed to satisfy debt service <br /> <br />(I&S) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ <br /> <br />12. Rate to raise 1984 tax due levy to appraisal <br />roll errors (lost dollars divided by 1985 <br /> <br />t a x able value)............................... $ <br /> <br />13. Rate to regain taxes lost in 1984 due to <br />appraisal roll errors (lost dollars divided <br />by 1985 taxable values)......................$ <br />14. 1984 M&O Taxes used to regain lost 1983 levy.$ <br /> <br />II. CALCULATION <br /> <br />MAINTENANCE AND OPERATION ("&0) TAX RATE <br /> <br />1. (A) 1984 Total tax levy (Data 1)............... $ <br />(B) Subtract 1984 debt service levy (Data #)...$ <br />(C) Subtract 1984 taxes on property no longer in <br /> <br />uni t (Data 5).............................. $ <br /> <br />(D) Subtract 1984 taxes for exemptions (Data 6)$ <br />(E) Subtract 1984 taxes for productivity <br />valuation (Data 7).........................$ <br />(F) Subtract 1983 taxes used to regain lost <br />1983 taxes used to regain lost 1983 levy <br /> <br />( Da t a 1 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ <br /> <br />(G) Adjusted 1984 M&O levy.....................$ <br /> <br />2. <br /> <br />(A) <br />(B) <br />(C) <br />(D) <br /> <br />1985 Total Taxable value of all property <br /> <br />(Data 8)...................................$ <br />Subtract 1985 value of new improvements <br /> <br />(Data 9)................................... $ <br /> <br />Subtract 1985 value of annexed property <br /> <br />(Data 10).................................. $ <br /> <br />Adjusted 1985 taxable value for M&O........$ <br /> <br />Page -2- <br /> <br />-0- <br /> <br />2,049,176 <br /> <br />0/$100 <br /> <br />0/$100 <br />-0- <br /> <br />5,864,034 <br />1,501,452 <br /> <br />-0- <br />49,178 <br /> <br />42,838 <br /> <br />-0- <br />4,270,566 <br /> <br />826,090,950 <br /> <br />34,055,373 <br /> <br />-0- <br />792,035,577 <br /> <br />3. (A) Divide the adjusted 1984 M&O levy (1-G <br />above) by the adjusted 1985 taxable value <br />for M&O (2-D above) ($4,270,566 divided by <br />$792,035,577)..............................$ .005391 <br />(B) Multiply by $100 valuation...............x 100 <br />(C) Efective M&O rate for 1985.................$ .5391/$100 <br /> <br />INTEREST AND SINKING (I&S) TAX RATE <br /> <br />4. (A) 1985 I&S levy needed to satisfy debt (Data <br /> <br />1 1 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ <br /> <br />2,049,176 <br /> <br />(B) 1985 Total taxable value for all property <br /> <br />(Da t a 8).................................. $ 826,090,950 <br />(C) Divide the 1985 I&S levy (4-A above) by <br />the 1985 total taxable value (4-B above) <br />($2,049,176 divided by 826,090,950).......$ .002481 <br />(D) Multiply by $100 valuation..............x $100 <br />(E) Effective I&S rate for 1985...............$.2481/$100 <br /> <br />APPRAISAL ROLL ERROR RATE <br /> <br />5. (A) Rate to raise the 1984 levy due to <br />appraisal errors (Data 12)...............$ -0- <br />(B) Add rate to regain taxes lost due to <br />errors (Data 13).........................$0/$100 <br />(C) Total rate to adjust for appraisal roll <br /> <br />errors.................................. .$0/$100 <br />