Toledo Millage Calculations
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Toledo Millage Calculations

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Toledo Millage Calculations based on 1.10 mill increase provided by the Urban Coalition http://tpsinfo.org

Toledo Millage Calculations based on 1.10 mill increase provided by the Urban Coalition http://tpsinfo.org

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Toledo Millage Calculations Toledo Millage Calculations Presentation Transcript

  • 2009 Lucas County Valuations Agricultural Commercial Total Public Public Public Telecom and and Real Utility Utility Total Utility General Total Residential Industrial Abstract Land Real Real Personal Personal Personal 1,873,057,040 791,464,400 2,664,521,440 0 2,835,360 2,667,356,800 101,945,040 7,407,485 109,352,525 Total Valuation $2,776,709,325 Personal Calendar Property Total Mills Estimated Year Tax Valuation 9.00 Revenue 2011 $0.00 $2,776,709,325.00 0.009 $24,990,383.93 2012 $0.00 $2,776,709,325.00 0.009 $24,990,383.93 2013 $0.00 $2,776,709,325.00 0.009 $24,990,383.93 2014 $0.00 $2,776,709,325.00 0.009 $24,990,383.93 2015 $0.00 $2,776,709,325.00 0.009 $24,990,383.93 Fiscal Year Calculations 10/11 $24,990,383.93 13/14 $24,990,383.93 55.00% 45.00% Jan-June 11 $13,744,711.16 July-December 13 $11,245,672.77 . $24,990,383.93 11/12 $24,990,383.93 55.00% 45.00% Jan-June 14 $13,744,711.16 July -December 11 $11,245,672.77 Fiscal Year 13/14 $24,990,383.93 $24,990,383.93 Jan-June 12 55.00% $13,744,711.16 14/15 $24,990,383.93 45.00% Fiscal Year 11/12 Total $24,990,383.93 July-December 14 $11,245,672.77 $24,990,383.93 12/13 $24,990,383.93 55.00% 45.00% Jan-June 15 $13,744,711.16 July-December 12 $11,245,672.77 Fiscal Year 14/15 $24,990,383.93 $24,990,383.93 55.00% Jan-June 13 $13,744,711.16 14/15 $24,990,383.93 Fiscal Year 12/13 $24,990,383.93 45.00% July-December 15 $11,245,672.77
  • Mills 1.00 Base (assume 0 growth) $2,776,709,325 Calendar Year Collection $2,776,709,325 Collection Jan-June 55% Collection July-December 45% Number of Mill / Fiscal Year Collection Fiscal Year Collections 1 Mill Calculation 1 2 3 4 5 6 7 8 Fiscal Year 10/11 $1,527,190.13 $1,527,190.13 $3,054,380.26 $4,581,570.39 # $7,635,950.64 $9,163,140.77 $10,690,330.90 $12,217,521.03 Fiscal Year 11/12 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60 Fiscal Year 12/13 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60 Fiscal Year 13/14 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60 Fiscal Year 14/15 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60 Fiscal Year 15/16 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60