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Taxable Value and Ad Valorem Revenue
VILLAGE OF NORTH PALM BEACH BUDGET YEAR 2008 - 2009 TAXABLE VALUE & AD VALOREM TAX REVENUE Increase (+) 2007-20082007-20082008-20092008-2009 Decrease (-) V.M.PROPOSEDADOPTEDV.M.PROPOSEDFINAL over Prior Year #DIV/0! GROSS ASSESSED VALUE: 1,847,845,205-8.92% 2,028,911,9872,028,911,9871,847,845,205 + BUDGETARY TAXABLE VALUE (95%): 1,755,452,945-8.92% 1,927,466,3881,927,466,3881,755,452,945 + OPERATING MILLAGE: 6.69779.80% 6.19816.10006.7322 + ESTIMATED AD VALOREM TAX REVENUE: 11,757,4970.00% 11,946,62911,757,54511,818,060 + 2007 - 2008 Millage Rate 6.1000 mils Roll Back Millage Rate for 2008 - 2009 = 6.7322 mils Adopted Millage for 2008 - 2009 = 6.6977 mils Increase from 2007 - 2008 Millage Rate =0.60 mils MILLAGE TABLE 1.00 MIL=1,755,453$ .50 MIL=877,727$ .25 MIL=438,863$ .10 MIL=175,545$ Page 82 of 125