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TOWN HALL BOND RESOLUTION SPREADSHEET
Release Date: November 19, 2002

TOWN HALL
BOND RESOLUTION FOR PURCHASE, RENOVATION AND ASSOCIATED MOVING
COST AT $7,900,000
Tax extimate for an average home worth approximately $300,000 assessed for $12,000
   
     Increase in yearly taxes for Town Wide residents (incorporated area) $13.02
     (amount represents estimated first year debt at 4.5%)
IMPACT DUE LOST TAX REVENUE FROM 177 HILLSIDE AVENUE
     Increase in yearly taxes for Fairview Fire District residents due to lossed assessables $3.40
     Increase in yearly taxes for the Greenburgh Central 7 School District residents $8.11
     Increase in yearly taxes to all Town Outside residents (unincorporated area) $1.13
     Increase in yearly Town & County taxes to all Town Wide residents (incorporated area) $0.52 $0.52
TOTAL INCREASE TO RESIDENTS WITHIN THE DISTRICTS OF ASSESSMENT LOSS $13.16
GRAND TOTAL INCREASE AS A RESULT OF TOWN HALL ACQUISITION (FIRST YEAR) $13.54
     
Tax extimate for an average home worth approximately $375,000 assessed for $15,000
   
     Increase in yearly taxes for Town Wide residents (incorporated area) $16.27
     (amount represents estimated first year debt at 4.5%)
IMPACT DUE LOST TAX REVENUE FROM 177 HILLSIDE AVENUE
     Increase in yearly taxes for Fairview Fire District residents due to lossed assessables $4.26
     Increase in yearly taxes for the Greenburgh Central 7 School District residents $10.13
     Increase in yearly taxes to all Town Outside residents (unincorporated area) $1.42
     Increase in yearly Town & County taxes to all Town Wide residents (incorporated area) $0.65 $0.65
TOTAL INCREASE TO RESIDENTS WITHIN THE DISTRICTS OF ASSESSMENT LOSS $16.46
GRAND TOTAL INCREASE AS A RESULT OF TOWN HALL ACQUISITION (FIRST YEAR) $16.92
$2.5555 $30.67
$2.0594 $24.71
 
$2.5555 $38.33
$2.0594 $30.89
 



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