City
of Rye, New York 2004-2006 Financial Forecast July 16, 2003
Tax Rate
| The tax rate per
$1,000 taxable assessed valuation ("TAV") is based on the total
appropriations needed to support programs, the revenues other than taxes
estimated to be received, the amount of fund balance, if any, to be
appropriated, and the taxable assessed value of properties in the City. |
|
| Forecast 2003 Forecast 2004 Forecast
2005 Forecast 2006 |
|
| Amount $103.55 $116.90 $131.18 $141.88 |
|
| Increase
(decrease) 12.88% 12.22% 8.16% |
|
| Taxes on $20,000 |
|
| TAV residence $2,071 $2,338 $2,624 $2,838 |
|
| On the average
home assessed at $20,000, the annual property taxes would rise approximately
$500 from 2004 to 2006. |
|