| Commercial Remodel | ||||||||||||
| Appraised* | Lot Assessed | Property Tax** | New Appraised*** | New Assessed | New Tax | Revenue-Plan | Added Value | Annual Rebate | Revenue Loss/Gain | |||
| 2007 | $ 904,576.00 | $226,144.00 | $ 24,875.84 | $ 909,786.00 | $ 227,446.50 | $ 25,019.12 | $ 24,956.50 | $ 5,210.00 | $ 62.61 | $ 80.66 | ||
| 2008 | $ 940,759.04 | $235,189.76 | $ 25,870.87 | $ 946,177.44 | $ 236,544.36 | $ 26,019.88 | $ 25,957.27 | $ 62.61 | $ 86.39 | |||
| 2009 | $ 978,389.40 | $244,597.35 | $ 26,905.71 | $ 984,024.54 | $ 246,006.13 | $ 27,060.67 | $ 26,998.06 | $ 62.61 | $ 92.36 | |||
| 2010 | $1,017,524.98 | $254,381.24 | $ 27,981.94 | $ 1,023,385.52 | $ 255,846.38 | $ 28,143.10 | $ 28,080.49 | $ 62.61 | $ 98.55 | |||
| 2011 | $1,058,225.98 | $264,556.49 | $ 29,101.21 | $ 1,064,320.94 | $ 266,080.23 | $ 29,268.83 | $ 29,206.21 | $ 62.61 | $ 105.00 | |||
| 2012 | $1,100,555.02 | $275,138.75 | $ 30,265.26 | $ 1,106,893.78 | $ 276,723.44 | $ 30,439.58 | $ 30,376.97 | $ 62.61 | $ 111.70 | |||
| 2013 | $1,144,577.22 | $286,144.30 | $ 31,475.87 | $ 1,151,169.53 | $ 287,792.38 | $ 31,657.16 | $ 31,594.55 | $ 62.61 | $ 118.68 | |||
| 2014 | $1,190,360.31 | $297,590.08 | $ 32,734.91 | $ 1,197,216.31 | $ 299,304.08 | $ 32,923.45 | $ 32,860.84 | $ 62.61 | $ 125.93 | |||
| 2015 | $1,237,974.72 | $309,493.68 | $ 34,044.30 | $ 1,245,104.96 | $ 311,276.24 | $ 34,240.39 | $ 34,177.78 | $ 62.61 | $ 133.47 | |||
| 2016 | $1,287,493.71 | $321,873.43 | $ 35,406.08 | $ 1,294,909.16 | $ 323,727.29 | $ 35,610.00 | $ 35,547.39 | $ 62.61 | $ 141.31 | |||
| 2017 | $1,338,993.45 | $334,748.36 | $ 36,822.32 | $ 1,346,705.53 | $ 336,676.38 | $ 37,034.40 | $ 36,971.79 | $ 62.61 | $ 149.47 | $ 688.72 | ||
| 2018 | $1,392,553.19 | $348,138.30 | $ 38,295.21 | $ 1,400,573.75 | $ 350,143.44 | $ 38,515.78 | $ 38,515.78 | $ - | $ 220.57 | |||
| 2019 | $1,448,255.32 | $362,063.83 | $ 39,827.02 | $ 1,456,596.70 | $ 364,149.17 | $ 40,056.41 | $ 40,056.41 | $ - | $ 229.39 | |||
| 2020 | $1,506,185.53 | $376,546.38 | $ 41,420.10 | $ 1,514,860.57 | $ 378,715.14 | $ 41,658.67 | $ 41,658.67 | $ - | $ 238.56 | |||
| 2021 | $1,566,432.95 | $391,608.24 | $ 43,076.91 | $ 1,575,454.99 | $ 393,863.75 | $ 43,325.01 | $ 43,325.01 | $ - | $ 248.11 | |||
| 2022 | $1,629,090.27 | $407,272.57 | $ 44,799.98 | $ 1,638,473.19 | $ 409,618.30 | $ 45,058.01 | $ 45,058.01 | $ - | $ 258.03 | $ 2,438.19 | ||
| 2023 | $1,694,253.88 | $423,563.47 | $ 46,591.98 | $ 1,704,012.12 | $ 426,003.03 | $ 46,860.33 | $ 46,860.33 | $ - | $ 268.35 | |||
| 2024 | $1,762,024.04 | $440,506.01 | $ 48,455.66 | $ 1,772,172.60 | $ 443,043.15 | $ 48,734.75 | $ 48,734.75 | $ - | $ 279.09 | |||
| 2025 | $1,832,505.00 | $458,126.25 | $ 50,393.89 | $ 1,843,059.50 | $ 460,764.88 | $ 50,684.14 | $ 50,684.14 | $ - | $ 290.25 | |||
| 2026 | $1,905,805.20 | $476,451.30 | $ 52,409.64 | $ 1,916,781.88 | $ 479,195.47 | $ 52,711.50 | $ 52,711.50 | $ - | $ 301.86 | |||
| 2027 | $1,982,037.41 | $495,509.35 | $ 54,506.03 | $ 1,993,453.16 | $ 498,363.29 | $ 54,819.96 | $ 54,819.96 | $ - | $ 313.93 | $ 3,891.66 | ||
| 2028 | $2,061,318.90 | $515,329.73 | $ 56,686.27 | $ 2,073,191.29 | $ 518,297.82 | $ 57,012.76 | $ 57,012.76 | $ 326.49 | ||||
| 2029 | $2,143,771.66 | $535,942.92 | $ 58,953.72 | $ 2,156,118.94 | $ 539,029.73 | $ 59,293.27 | $ 59,293.27 | $ 339.55 | ||||
| 2030 | $2,229,522.53 | $557,380.63 | $ 61,311.87 | $ 2,242,363.70 | $ 560,590.92 | $ 61,665.00 | $ 61,665.00 | $ 353.13 | ||||
| 2031 | $2,318,703.43 | $579,675.86 | $ 63,764.34 | $ 2,332,058.24 | $ 583,014.56 | $ 64,131.60 | $ 64,131.60 | $ 367.26 | ||||
| 2032 | $2,411,451.57 | $602,862.89 | $ 66,314.92 | $ 2,425,340.57 | $ 606,335.14 | $ 66,696.87 | $ 66,696.87 | $ 381.95 | ||||
| 2033 | $2,507,909.63 | $626,977.41 | $ 68,967.51 | $ 2,522,354.20 | $ 630,588.55 | $ 69,364.74 | $ 69,364.74 | $ 397.23 | ||||
| 2034 | $2,608,226.01 | $652,056.50 | $ 71,726.22 | $ 2,623,248.36 | $ 655,812.09 | $ 72,139.33 | $ 72,139.33 | $ 413.11 | ||||
| 2035 | $2,712,555.05 | $678,138.76 | $ 74,595.26 | $ 2,728,178.30 | $ 682,044.57 | $ 75,024.90 | $ 75,024.90 | $ 429.64 | ||||
| 2036 | $2,821,057.26 | $705,264.31 | $ 77,579.07 | $ 2,837,305.43 | $ 709,326.36 | $ 78,025.90 | $ 78,025.90 | $ 446.82 | ||||
| 2037 | $2,933,899.55 | $733,474.89 | $ 80,682.24 | $ 2,950,797.65 | $ 737,699.41 | $ 81,146.94 | $ 81,146.94 | $ 464.70 | ||||
| 2038 | $3,051,255.53 | $762,813.88 | $ 83,909.53 | $ 3,068,829.55 | $ 767,207.39 | $ 84,392.81 | $ 84,392.81 | $ 483.29 | ||||
| $1,559,751.70 | $1,568,046.53 | $ 8,294.83 | ||||||||||
| *Based on the average downtown property valuation. | ||||||||||||
| **Based on current mill levy of .11. | ||||||||||||
| ***Based on the average permit valuation for a commercial remodel project in downtown during 2006. | ||||||||||||
| Commercial Remodel - Larger | ||||||||||||
| Appraised* | Lot Assessed | Property Tax** | New Appraised | New Assessed | New Tax | Revenue-Plan | Added Value | Annual Rebate | Revenue Loss/Gain | |||
| 2007 | $ 904,576.00 | $226,144.00 | $ 24,875.84 | $ 974,576.00 | $ 243,644.00 | $ 26,800.84 | $ 25,959.62 | $ 70,000.00 | $ 841.23 | $ 1,083.78 | ||
| 2008 | $ 940,759.04 | $235,189.76 | $ 25,870.87 | $ 1,013,559.04 | $ 253,389.76 | $ 27,872.87 | $ 27,031.65 | $ 841.23 | $ 1,160.78 | |||
| 2009 | $ 978,389.40 | $244,597.35 | $ 26,905.71 | $ 1,054,101.40 | $ 263,525.35 | $ 28,987.79 | $ 28,146.56 | $ 841.23 | $ 1,240.86 | |||
| 2010 | $1,017,524.98 | $254,381.24 | $ 27,981.94 | $ 1,096,265.46 | $ 274,066.36 | $ 30,147.30 | $ 29,306.08 | $ 841.23 | $ 1,324.14 | |||
| 2011 | $1,058,225.98 | $264,556.49 | $ 29,101.21 | $ 1,140,116.08 | $ 285,029.02 | $ 31,353.19 | $ 30,511.97 | $ 841.23 | $ 1,410.75 | |||
| 2012 | $1,100,555.02 | $275,138.75 | $ 30,265.26 | $ 1,185,720.72 | $ 296,430.18 | $ 32,607.32 | $ 31,766.09 | $ 841.23 | $ 1,500.83 | |||
| 2013 | $1,144,577.22 | $286,144.30 | $ 31,475.87 | $ 1,233,149.55 | $ 308,287.39 | $ 33,911.61 | $ 33,070.39 | $ 841.23 | $ 1,594.51 | |||
| 2014 | $1,190,360.31 | $297,590.08 | $ 32,734.91 | $ 1,282,475.53 | $ 320,618.88 | $ 35,268.08 | $ 34,426.85 | $ 841.23 | $ 1,691.94 | |||
| 2015 | $1,237,974.72 | $309,493.68 | $ 34,044.30 | $ 1,333,774.55 | $ 333,443.64 | $ 36,678.80 | $ 35,837.58 | $ 841.23 | $ 1,793.27 | |||
| 2016 | $1,287,493.71 | $321,873.43 | $ 35,406.08 | $ 1,387,125.53 | $ 346,781.38 | $ 38,145.95 | $ 37,304.73 | $ 841.23 | $ 1,898.65 | |||
| 2017 | $1,338,993.45 | $334,748.36 | $ 36,822.32 | $ 1,442,610.55 | $ 360,652.64 | $ 39,671.79 | $ 38,830.57 | $ 841.23 | $ 2,008.25 | $ 9,253.48 | ||
| 2018 | $1,392,553.19 | $348,138.30 | $ 38,295.21 | $ 1,500,314.98 | $ 375,078.74 | $ 41,258.66 | $ 41,258.66 | $ - | $ 2,963.45 | |||
| 2019 | $1,448,255.32 | $362,063.83 | $ 39,827.02 | $ 1,560,327.58 | $ 390,081.89 | $ 42,909.01 | $ 42,909.01 | $ - | $ 3,081.99 | |||
| 2020 | $1,506,185.53 | $376,546.38 | $ 41,420.10 | $ 1,622,740.68 | $ 405,685.17 | $ 44,625.37 | $ 44,625.37 | $ - | $ 3,205.27 | |||
| 2021 | $1,566,432.95 | $391,608.24 | $ 43,076.91 | $ 1,687,650.31 | $ 421,912.58 | $ 46,410.38 | $ 46,410.38 | $ - | $ 3,333.48 | |||
| 2022 | $1,629,090.27 | $407,272.57 | $ 44,799.98 | $ 1,755,156.32 | $ 438,789.08 | $ 48,266.80 | $ 48,266.80 | $ - | $ 3,466.82 | $ 32,758.75 | ||
| 2023 | $1,694,253.88 | $423,563.47 | $ 46,591.98 | $ 1,825,362.57 | $ 456,340.64 | $ 50,197.47 | $ 50,197.47 | $ - | $ 3,605.49 | |||
| 2024 | $1,762,024.04 | $440,506.01 | $ 48,455.66 | $ 1,898,377.07 | $ 474,594.27 | $ 52,205.37 | $ 52,205.37 | $ - | $ 3,749.71 | |||
| 2025 | $1,832,505.00 | $458,126.25 | $ 50,393.89 | $ 1,974,312.16 | $ 493,578.04 | $ 54,293.58 | $ 54,293.58 | $ - | $ 3,899.70 | |||
| 2026 | $1,905,805.20 | $476,451.30 | $ 52,409.64 | $ 2,053,284.64 | $ 513,321.16 | $ 56,465.33 | $ 56,465.33 | $ - | $ 4,055.68 | |||
| 2027 | $1,982,037.41 | $495,509.35 | $ 54,506.03 | $ 2,135,416.03 | $ 533,854.01 | $ 58,723.94 | $ 58,723.94 | $ - | $ 4,217.91 | $ 52,287.24 | ||
| 2028 | $2,061,318.90 | $515,329.73 | $ 56,686.27 | $ 2,220,832.67 | $ 555,208.17 | $ 61,072.90 | $ 61,072.90 | $ 4,386.63 | ||||
| 2029 | $2,143,771.66 | $535,942.92 | $ 58,953.72 | $ 2,309,665.98 | $ 577,416.49 | $ 63,515.81 | $ 63,515.81 | $ 4,562.09 | ||||
| 2030 | $2,229,522.53 | $557,380.63 | $ 61,311.87 | $ 2,402,052.62 | $ 600,513.15 | $ 66,056.45 | $ 66,056.45 | $ 4,744.58 | ||||
| 2031 | $2,318,703.43 | $579,675.86 | $ 63,764.34 | $ 2,498,134.72 | $ 624,533.68 | $ 68,698.70 | $ 68,698.70 | $ 4,934.36 | ||||
| 2032 | $2,411,451.57 | $602,862.89 | $ 66,314.92 | $ 2,598,060.11 | $ 649,515.03 | $ 71,446.65 | $ 71,446.65 | $ 5,131.73 | ||||
| 2033 | $2,507,909.63 | $626,977.41 | $ 68,967.51 | $ 2,701,982.51 | $ 675,495.63 | $ 74,304.52 | $ 74,304.52 | $ 5,337.00 | ||||
| 2034 | $2,608,226.01 | $652,056.50 | $ 71,726.22 | $ 2,810,061.81 | $ 702,515.45 | $ 77,276.70 | $ 77,276.70 | $ 5,550.48 | ||||
| 2035 | $2,712,555.05 | $678,138.76 | $ 74,595.26 | $ 2,922,464.29 | $ 730,616.07 | $ 80,367.77 | $ 80,367.77 | $ 5,772.50 | ||||
| 2036 | $2,821,057.26 | $705,264.31 | $ 77,579.07 | $ 3,039,362.86 | $ 759,840.71 | $ 83,582.48 | $ 83,582.48 | $ 6,003.40 | ||||
| 2037 | $2,933,899.55 | $733,474.89 | $ 80,682.24 | $ 3,160,937.37 | $ 790,234.34 | $ 86,925.78 | $ 86,925.78 | $ 6,243.54 | ||||
| 2038 | $3,051,255.53 | $762,813.88 | $ 83,909.53 | $ 3,287,374.87 | $ 821,843.72 | $ 90,402.81 | $ 90,402.81 | $ 6,493.28 | ||||
| $1,559,751.70 | $1,671,198.55 | $ 111,446.85 | ||||||||||
| *Based on the average downtown property valuation. | ||||||||||||
| **Based on current mill levy of .11. | ||||||||||||