Laserfiche WebLink
City of New Brighton <br />2010 Tax Levy Limit Calculation <br />6/18/2009 12:06 <br />Payable 2009 Adjusted Levy Limit Base: <br />(a) <br />7,548,047 <br />Implicit Price Deflator (IPD) adjustment: <br />(b) <br />7,612,960 <br />Dept of Revenue to finalize on July 1 <br />IPD adjustment 1.0086% updated as of 6/17/09 <br />IPD adjustment 1.0076% previously <br />(a) x 1.0086% <br />Household adjustment factor: <br />(c) <br />7,612,960 <br />Assume 0.00% <br />(b) x 1.0000% <br />New Commercial/Industrial Construction factor: <br />(d) <br />7,612,960 <br />Assume 0.00% <br />(c) x 1.0000% <br />Payable 2010 Adjusted Levy Limit Base <br />(e) <br />7,612,960 <br />Less 2010 LGA <br />(f) <br />(65,590) <br />Estimate from LMC 6/17/09 <br />Payable 2010 Levy Limit <br />(g) <br />7,547,370 <br />Additional 2010 Special Levies (outside of levy limits): <br />2008 MVHC Unallotment <br />(h) <br />128,755 <br />2009 LGA Unallotment <br />(i) <br />152,339 <br />2009 MVHC Unallotment <br />(j) <br />97,851 <br />Potential Debt Sevice levies <br />(k) <br />Maximum Potential 2010 Total Tax Levy <br />(1) <br />7,926,315 <br />(not including other special levies such as debt service) <br />0 <br />