|
|
SAMPLE TAX BILL: illustrating levies for all
units of government collecting property taxes in the city (2002)
| Note: County rates only are not
yet finalized for 2002. An estimated rate based upon 2001 levies
was used.
|
| Category |
Property Value |
Entity |
Millage Rate |
Taxable Value |
Tax |
| Homestead Value |
$21,000 |
City of Saginaw |
8.534500 |
$21000 |
$179.22 |
| State Equalized Value |
$25,000 |
County of Saginaw |
7.206700 |
$21000 |
$151.34 |
| Taxable Value |
$21,000 |
Delta College |
2.542700 |
$21000 |
$53.40 |
WHERE YOUR TAXES GO AS A PERCENTAGE OF TOTAL ANNUAL TAXES
HOMESTEAD NON-HOMESTEAD
City
25.5% 16.6%
County 21.6% 14.0%
Delta 7.7% 4.9%
ISD 6.3% 4.0%
Libraries 12.0% 7.8%
Saginaw Transit 9.0% 5.8%
State Education Tax 18.0% 11.7%
Public Schools 0.0% 35.0%
|
Intermediate School District |
2.0885 |
$21,000 |
$43.86 |
| Libraries |
4.000000 |
$21,000 |
$84.00 |
| Saginaw Transit |
3.000000 |
$21,000 |
$63.00 |
| State Education Tax |
6.000000 |
$21,000 |
$126.00 |
| Total "Homestead" Tax
(Does not include local school levy) |
33.372400 |
$21,000 |
$700.82 |
| Add Public School Millage to create non-Homestead
taxes |
Public School Tax |
18.000000 |
$21,000 |
$378.00 |
| Total Business/Non-Homestead Tax
(Includes Local School Levy) |
51.372400 |
$21,000 |
$1078.82 |
|
