2008-2009 Tax Rate Comparison
Assessed |
Tax Rate |
|||
Assessed |
Valuation |
Per $100 |
Taxes |
|
Year |
Valuation |
In $100 Units |
Assessed Valuation |
Collected |
2008 |
5,051,353 |
50,514 |
0.8301 |
$41,931 |
2009 |
4,927,032 |
49,270 |
0.9509 |
$46,851 |
Increase in Taxes |
$4,920 |
|||
Percent Increase |
11.7332% |
Three Year Trend Analysis St. Mary City Audit
Year |
Operating Loss |
Depreciation |
Changes in Fund Balance |
OR ??? |
2008 |
$77,928.44 |
$67,592.59 |
($10,335.87) cash loss |
($63,654.34) cash loss |
2007 |
$75, 375.22 |
$69,029.29 |
($6,345.93) cash loss |
($55,528.78) cash loss |
2006 |
$48, 453.21 |
$70,399.74 |
+$21,946.53 gain |
($43,661.28) cash loss |
Sources: St.
Mary City Audit
2008 Audit Page
7 operating loss $77,928.44
Page 14 deprecation $67,592.59
Changes in fund balance
($10,335.87) cash loss or ($63,654.34) page 8
2007
Audit Page 7
Operating loss
Page 14 deprecation $69,029.29
Changes in fund balance
($6,345.93) loss or ($55,528.78) Page 8
2006
Audit Page
7 Operating loss $48, 453.21
Page 14 deprecation $70,399.74
Changes in fund balance
+$21,946.53 gain or ($43,661.28) Page 8