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<br />17b
<br />
<br />ASSESSED VALUATIONS, TAX LEVY, AND COLLECTIONS
<br />
<br /> INCREASE % OF
<br /> 1977-78 1976-77 (DECREASE) CHANGE
<br />~Assessed Value $105,151,421 $100,506,254 $4,645,167 4.6% ,
<br />et Value Ratio 70% 70%
<br />T Rate 1.30 1.30
<br />Total Tax Levy 1,366,969 1,306,582 60,387 4.6
<br />Current Tax Collections 1,233,206 1,154,081 79,125 6.9
<br />(% of Levy) 90.2% 88.3% 1.9%
<br />Delinquent Tax Collections
<br />and Penalty and Interest 195,671 181,185 14,486 8.0
<br />Total Collections 1,428,877 1,335,266 93,611 7.0
<br />(% of Levy) 104.5% 102.2% 2.3%
<br />Outstanding Delinquent Taxes 83,750 120,491 (36,741) 30.5
<br />
<br />DEBT ADMINISTRATION
<br /> WATER &
<br /> GENERAL SEWER AIRPORT
<br /> OBLIGATION REVENUE REVENUE TOTAL
<br />BIlrS Outstanding
<br />77 $1,703,000 $1,494,000 $ -0- $3, 197 ,001
<br />Issued During 1978 -0- -0- 75,000 75,001
<br />Retired During 1978 (105,000) (29,000) -0- (134,001
<br />Bonds Outstanding
<br />1978 $1.598,000 $1,465.000 $ 75.000 $3,138,00'
<br />Interest Paid During 1978 $ 77 .117 $ 64,531 $ 4,425 J 146.07
<br />REQUIREMENTS 1978-79
<br />Bond principal $ 111,000 $ 29,000 $ 3,000 $ 143,OC
<br />Bond Interest 74,290 63,935 7,655 145,88
<br /> TOTAL $ 185,290 $ 92.935 $ 10,655 $ 288.8
<br />
<br />(2)
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