|
|
|
|
|
| Appropriations Limit for 2002-2003 |
|
$964,950 |
|
| Multiplier |
|
1.0298 |
|
_ |
|
| Appropriations Limit for 2003-2004 |
|
$993,664 |
|
|
|
|
| Revenues Subject to
Appropriations |
|
|
| Property Tax |
|
$929,213 |
|
| Unappropriated |
|
$0 |
|
_ |
|
$929,213 |
| |
|
_ |
|
|
|
| Appropriation Limit for
2003-2004 |
|
-$993,664 |
|
= |
| Estimated Excess Tax Revenue |
|
$0 |
|
= |
|
|
|
|
| NOTES: |
|
|
| 1. Source: Price and Population Data for Local Jurisdictions |
|
|
| Department of Finance, May 1, 2003 |
|
|
|
| Price
1.0065 X Population 1.0231
= |
1.0298 |
|
|
|
|
| 2.
Property tax revenue estimate based on
taxes received thru |
|
| April 30, 2003 plus amount expected in June 2003 |
|
|
| $929,213 |
|
| |
|
|
|
|
|
| Price |
1.0065 |
|
| Population |
1.0231 |
|
|
= |
|
| Ratio of change |
1.0298 |
|
|
= |
|
|
|
|