USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN
2022 Calendar Year Property Tax Levies - ALL entities levying property taxes
| Calendar Year | Calendar Year | % of | Avg Residential | |
|---|---|---|---|---|
| Tax Rate | Tax Levy | Total Levy | Taxpayer Impact | |
| Municipal Purpose Tax | 1.116 | $12,967,331.07 | 29.69% | $3,071.25 |
| Municipal Library | 0.00% | $0.00 | ||
| Municipal Open Space | 0.00% | $0.00 | ||
| Municipal Arts and Culture | 0.00% | $0.00 | ||
| Fire Districts (avg. rate/total levies) | 0.00% | $0.00 | ||
| Other Special Districts (total levies) | 0.00% | $0.00 | ||
| Local School District | 2.181 | $25,329,760.00 | 57.99% | $6,002.16 |
| Regional School District | 0.00% | $0.00 | ||
| County Purposes | 0.374 | $4,337,519.90 | 9.93% | $1,029.26 |
| County Library | 0.054 | $622,476.12 | 1.43% | $148.61 |
| County Board of Health | 0.00% | $0.00 | ||
| County Open Space | 0.036 | $421,854.78 | 0.97% | $99.07 |
| Other County Levies (total) | 0.00% | $0.00 | ||
| Total (Calendar Year 2022 Budget) | 3.761 | $43,678,941.87 | 100.00% | $10,350.35 |
Total Taxable Valuation as of
October 1, 2022
$1,161,647,214.00
(To be used to calculate the current year tax rate)
Current Year Average Residential Assessment
$275,202.00
Prior Year to Current Year Comparison
Comparison - Municipal Purposes Tax Rate
| Prior Year | Current Year | % Change (+/-) |
|---|---|---|
| 1.116 | 1.125 | 0.81% |
Comparison - Municipal Purposes Tax Levy
| Prior Year | Current Year | % Change (+/-) | $ Change (+/-) |
|---|---|---|---|
| $12,967,331.07 | $13,080,667.78 | 0.87% | $113,336.71 |
Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Only)
| Prior Year | Current Year | % Change (+/-) | $ Change (+/-) |
|---|---|---|---|
| $3,071.25 | $3,096.02 | 0.81% | $24.77 |
Current Year 2023 Budget
| Taxes | Actual/Estimated | Tax Levy |
|---|---|---|
| Municipal Purpose Tax | ACTUAL | $13,080,667.78 |
| Municipal Library | ||
| Municipal Open Space | ||
| Municipal Arts and Culture | ||
| Fire Districts (total levies) | ||
| Other Special Districts (total levies) | ||
| Local School District | ACTUAL | $26,075,437.00 |
| Regional School District | ||
| County Purposes | ESTIMATED | $4,424,270.00 |
| County Library | ESTIMATED | $634,925.00 |
| County Board of Health | ||
| County Open Space | ESTIMATED | $430,292.00 |
| Other County Levies (total) | ||
| Total ESTIMATED amount to be raised by taxes | $44,645,591.78 |
| Revenue Anticipated, Excluding Tax Levy | 10,968,509.37 |
| Budget Appropriations, before Reserve for Uncollected Taxes | 21,913,243.93 |
| Total Non-Municipal Tax Levy | $31,564,924.00 |
| Amount to be Raised by Taxes - Before RUT | $42,509,658.56 |
| Reserve for Uncollected Taxes (RUT) | $2,162,113.78 |
| Total Amount to be Raised by Taxes | $44,671,772.34 |
| % of Tax Collections used to Calculate RUT | 95.16% |
| If % used exceeds the actual collection % then reference the statutory exception used |
Tax Collections - ACTUAL as of Prior Year
| Total Tax Revenue, Collections CY 2022 | 43,962,506.62 |
| Total Tax Levy, CY 2022 | 44,540,297.59 |
| % of Taxes Collected, CY 2022 | 98.70% |
| Delinquent Taxes - December 31, 2022 | $464,344.00 |