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.
|