Value |
First tier tax bill |
Beyond first tier |
Total |
Decrease in tax revenue |
2a Homesteaded |
$ 3,000,000 |
$ 9,450 |
$ 11,100 |
$ 20,550 |
0% |
$ 2,500,000 |
$ 9,450 |
$ 6,100 |
$ 15,550 |
-24% |
$ 2,000,000 |
$ 9,450 |
$ 1,100 |
$ 10,550 |
-49% |
$ 1,500,000 |
$ 7,500 |
$ - |
$ 7,500 |
-64% |
$ 1,000,000 |
$ 5,000 |
$ - |
$ 5,000 |
-76% |
$ 500,000 |
$ 2,500 |
$ - |
$ 2,500 |
-88% |
$ 300,000 |
$ 1,500 |
$ - |
$ 1,500 |
-93% |
2a Non-homesteaded |
$ 3,000,000 |
$ 30,000 |
NA |
$ 30,000 |
0% |
$ 2,500,000 |
$ 25,000 |
NA |
$ 25,000 |
-17% |
$ 2,000,000 |
$ 20,000 |
NA |
$ 20,000 |
-33% |
$ 1,500,000 |
$ 15,000 |
NA |
$ 15,000 |
-50% |
$ 1,000,000 |
$ 10,000 |
NA |
$ 10,000 |
-67% |
$ 500,000 |
$ 5,000 |
NA |
$ 5,000 |
-83% |
$ 300,000 |
$ 3,000 |
NA |
$ 3,000 |
-90% |