Property Tax 
2009-2010 2009-2010 2009-2010
  2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 at effective at roll-back at 0.4300
 
Taxable Value           177,505,802      201,938,102           214,006,756    251,906,284           311,035,643  $ 342,790,885.00      342,790,885     342,790,885         342,790,885
divided by 100              1,775,058          2,019,381              2,140,068        2,519,063              3,110,356  $     3,427,908.85         3,427,909         3,427,909             3,427,909
debt portion $0.2809  $           0.2595  $               0.2546  $         0.2338  $               0.2770  $              0.2533  $          0.2533  $          0.2533  $              0.2534    
m & o portion $0.1603  $           0.1462  $               0.1545  $         0.1662  $               0.1541  $              0.1510  $          0.1573  $          0.1585  $              0.1766
total tax rate   $0.4412  $           0.4057  $               0.4091  $         0.4000  $               0.4311  $              0.4043  $          0.4106  $          0.4118  $              0.4300
tax levy 783,155.60 819,262.88 875,501.64 1,007,625.14              1,340,874  $     1,561,911.96         1,583,040         1,587,072             1,474,001
rollback rate    
     $                 0.15            
m & o portion     330,640.44 298,640.44                 479,306  $       517,650.40  $    539,210.06  $   543,323.55  $            605,369
debt portion     544,861.20 709,597.09                 861,569  $       868,496.88  $    868,496.88  $   868,496.88  $            868,632
sum     875,501.64 107,625.14              1,340,874  $     1,386,147.28  $ 1,407,706.94  $1,411,820.43  $         1,474,001
plus tax freeze                 207,848  $       227,233.00  $    227,233.00  $   227,233.00  $            227,233
             1,548,722  $     1,613,380.28  $ 1,634,939.94  $1,639,053.43  $         1,701,234
2008-2009 debt:  $           861,851.26 98% collection              1,517,748  $     1,581,112.67  $ 1,602,241.14  $1,606,272.36  $         1,667,209
2009-2010 debt:  $           868,496.88    
   
Description of debt Principal Interest Fees Total
TANS 2003  $           125,000.00  $            2,421.88  $           500.00  $         127,921.88 gf
Bonds 2008  $             70,000.00  $         222,255.00  $                 -    $         292,255.00 gf
Bonds 2004  $           145,000.00  $         302,970.00  $           350.00  $         448,320.00 uf
 $         868,496.88
Bonds are also referred to as Certificate of Obligation
per Stan Hemphill 8/03/09 11:15 am:
effective 0.4106  
rollback 0.4118
debt 0.2533
m & o 0.1585