Laserfiche WebLink
FF- <br />E00K 48 PArE <br />N O V 4 1981 <br />Finance Officer Barton next reviewed for the benefit of <br />those present the following figures explaining the <br />percentage increase over rollback for the Municipal Service <br />Taxing Unit: <br />M.S.TA <br />1981 Effective Taxable value 11023,373,430 <br />less 1981 New Construction (69,560,050) <br />Ca mon Base Value, 953,813,380 <br />1980 Total Taxable Value 833,979,485 <br />Increase asset-nts between 119,833,895 <br />1980 & 1981 <br />% increase between 1980 & 1981 14,37% <br />1980 Tax Collections 1,453,501 <br />- 1981 camon Base Value 953,813,380 <br />= Rollback millage 1.52388mills <br />Proposed 1981 millage 1.63589 <br />Rollback millage 1.52388 <br />Difference 0.1 01 <br />% increase over rollback 7.35% <br />Proposed 1981 Collections <br />1,674,122 <br />less 1981 New Construction <br />(113,793) <br />Adjusted 1981 Base <br />1,560,329 <br />1980 Actual Collections <br />1,453,501 <br />Difference <br />106,828 <br />% increase of last year <br />7.35% <br />The Finance Officer explained that this is a taxing <br />unit for the residents living in the unincorporated areas of <br />the county, i.e., the <br />land <br />that <br />is not in <br />any <br />of the <br />municipalities. This <br />taxing <br />unit <br />came about <br />as <br />a result of <br />dual taxation suits. Mr. Barton continued that the rollback <br />millage was 1.52388, and the tentative millage is 1.63589, <br />or a 7.35% increase over the rollback. In total dollars the <br />increase is 15.18%. The budget is $5,601,563, (this is less <br />than advertised) and it was $3,889,547 a year ago. In <br />1980 37.37% was funded by ad valorem dollars; this year <br />29.89%. User fees have picked up the difference. This fund <br />had approximately a $40,000 change since the last meeting. <br />The proposed millage to fund the budget is 1.65389. <br />11 <br />_I <br />