PROPERTY TAX APPROPRIATION LIMIT
2005-06 BUDGET
Appropriations Limit for  2004-2005 $1,035,492
Multiplier 1.0508    note 1
 
Appropriations Limit for  2005-2006 $1,088,106
Appropriations Subject to Limit:  
Property Tax $1,144,500   note 2
Exempt Appropriations ($309,300)
Total $835,200
 
Appropriation Limit for 2005-2006 ($1,088,106)
Estimated Excess Tax Revenue $0
NOTES:
  1. Source: Price and Population Data for Local Jurisdictions 
             Department of Finance, May 2005
       Price 1.0526  X Population 0.9983  =    1.0508
                   Price 1.0526
                   Population   0.9983
                   Ratio of change 1.0508
  2.  Property tax revenue estimate $1,144,500
approplimit
6/1/2005