Estimated 2011 Tax Bill Breakdown

4 Year Comparison of Surplus Budget Year Surplus Available at 12/31 520, ,444346,578523,372 Utilized in following Year Budget 466,000 none 352, ,000 % of Total Budget Revenues 16%0%12%17%

Revenue Sources Taxes State Aid Miscellaneous Grants Delinquent Taxes Surplus Funds, from prior years

Schedule of Revenues Taxes 1,203,7811,155,026932,897879,201 State Aid 479,809499,055605,369593,483 Miscellaneous 290,947630,507362,200373,125 Grants 145,92410,491207,501213,372 Delinquent Taxes 325,000476,000532,000400,000 Surplus Budgeted 466,000None352,000535,000

Revenue Breakdown (Using 2011 data)

Revenue Issues & Changes State Aid reduced 19,246 from 2010 to 2011 State Aid was reduced 106,314 from 2009 to 2010, for a two year total of 125, was the first year 45,000 of the revaluation expenses had to be paid back, 2011 is the second 2011 budget has a one time payback of proceeds received from a prior year land sale (44,300) 2011 budget has a one time payback of Pension problems (55,000)

Revenue Issues & Changes 32,500 increase in expenditures or decrease in revenues equals one cent tax rate increase Local Tax Rate Local Tax Rate Increase of 0.15 (one and a half cents)

Schedule of Appropriations Salary and Wages653,305724,890697,222695,070 OE906,399916,3621,170,483952,650 Land Payback44,300 Deferred Charges128,342122,671142,503138,559 Other Operations30,92426,99125,50138,782 Capital Improvements145,000None245,000246,000 Debt Service319,519321,425323,119324,600 Revaluation Payback45,000 Pension Problem Payback55,000 Reserve for Uncollected Taxes 583,672613,740613,139598,520

Comparison of Major Appropriations Reserve for Uncollected Taxes583,67220%613,74022%613,13919% Debt Service319,51911%321,42511%323,11910% Insurance198,0006.8%200,8067.2%201,6006.3% Grants145,9245%10,4910%232,5017.2% Ambulance Salaries145,0005%143,0005%126,0004% Utilities134,5004.6%139,5005%136,5004.3% Convenience Center OE110,0003.8%104,7203.8%92,6002.9% Pension Problem Payback55,0001.9%Nonen/aNonen/a Revaluation Payback45,0001.5%45,0001.6%Nonen/a Pension Bill (PERS due 4/1/xx)45,3421.5%39,6711.4%40,2741.3% Land Payback44,3001.5%Nonen/aNonen/a All Other Expenses1,085,20437%1,161,72642%1,451,23445% Total Budget2,911,461100%2,771,079100%3,216,967100%

Cost per Average Assessment 2011 Average House is Assessed at $158,157 $ in Local Tax (0.375 rate) $ Increase 2010 Average House was Assessed at $158,157 $ Local Tax (0.360 rate) Examples: Assessment 130,000 Local Tax Assessment 158,157 Local Tax Assessment 200,000 Local Tax Assessment 258,157 Local Tax