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Old 04-27-2008, 10:23 PM   #4
Long Island Baba
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Default Donor Tax Impact to Mboro

Let's say it goes through. Simple math.

The last town doc I have shows the Total Property Tax Commitment at $20M

Donor Town potential impact at $3.7Mil would increase the $20M by 19%.

So, figure a 20% increase in your property tax bill should be a good sizing.

Tax rate of $6.99 then goes to $8.40 or another $1.40 per thousand.
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