Estimated 2011 Tax Bill Breakdown

1. Estimated 2011 Tax Bill Breakdown *Estimate

2. 4 Year Comparison of Surplus

3. Revenue Sources • Taxes • State Aid • Miscellaneous • Grants • Delinquent Taxes • Surplus Funds, from prior years

4. Schedule of Revenues

5. Revenue Breakdown(Using 2011 data)

6. Revenue Issues & Changes • State Aid was reduced 173,791 from 2009 to 2010. • 2010 was the first year 40,000 of the revaluation expenses had to be paid back, 2011 is the second • 62,215 increase in expenditures or decrease in revenues equals one cent tax rate increase. • 2011 Local Tax Rate 0.609 • 2010 Local Tax Rate 0.118 (1.18) • Increase of 0.2 (two cents) new assessed value

7. Schedule of Appropriations

8. Comparison of Major Appropriations

9. Cost per Average Assessment 2011 Average House is Assessed at $196,400 $ 1196.59 in Local Tax (0.609 rate) 2010 Average House was Assessed at $100,897 $ 1195.00 Local Tax (1.18 rate) Examples: Assessment 100,000 Local Tax 609.00 Assessment 150,000 Local Tax 914.00 Assessment 196,400 Local Tax 1,197.00 Assessment 250,000 Local Tax 1,523.00