Allegany County Government

Constant Yield

ALLEGANY COUNTY NOTICE OF A PROPOSED PROPERTY TAX INCREASE

	a	b	c	d	e	f
	PERCENTAGE	PREVIOUS	NEW		PERCENTAGE	INCREASE
	INCREASE IN	ASSESSABLE	ASSESSABLE	CURRENT	INCREASE IN	IN
JURISDICTION	BASE	BASE	BASE	TAX RATE	REVENUES	REVENUES
EXCLUDING TOWNS	9.5%	$1,689,279,575	$1,850,394,853	$0.9829	9.5%	$1,583,602
BARTON	8.8%	$9,283,893	$10,104,559	$0.9551	8.8%	$7,838
CUMBERLAND	6.0%	$698,755,173	$740,860,333	$0.9090	6.0%	$382,736
FROSTBURG	11.1%	$249,141,541	$276,860,620	$0.9136	11.1%	$253,242
LONACONING	8.3%	$21,106,914	$22,848,293	$0.9333	8.3%	$16,252
LUKE	-1.9%	$62,640,020	$61,448,376	$0.9302	-1.9%	($11,085)
MIDLAND	8.0%	$9,287,837	$10,026,305	$0.9551	8.0%	$7,053
WESTERNPORT	6.8%	$45,295,738	$48,359,955	$0.9333	6.8%	$28,598
		$2,784,790,691	$3,020,903,294			$2,268,236




	g	h	i	j
	CONSTANT	PROPOSED	PERCENTAGE	ADDITIONAL
	YIELD	TAX	HIGHER THAN	PROPERTY TAX
JURISDICTION	TAX RATE	RATE	CONSTANT YIELD	REVENUES
EXCLUDING TOWNS	$0.8973	$0.9829	9.5%	$1,583,602
BARTON	$0.8775	$0.9551	8.8%	7,838
CUMBERLAND	$0.8573	$0.9090	6.0%	382,736
FROSTBURG	$0.8221	$0.9136	11.1%	253,242
LONACONING	$0.8622	$0.9333	8.3%	16,252
LUKE	$0.9482	$0.9302	-1.9%	(11,085)
MIDLAND	$0.8848	$0.9551	8.0%	7,053
WESTERNPORT	$0.8742	$0.9333	6.8%	28,598
				$2,268,236