COVENTRY 2015-2016 FTM PRESENTATION 6/9/15

Town of CoventryFY15 Actual Tax Rate vs. FY16 Town Council`s Budget Tax Rate

For Residential Properties

2015 TAXES VS 2016 TAXES

2015 REAL ESTATE VALUE

(BASED UPON 2013 REVAL)

2014 RESIDENTIAL TAX RATE $150,000   $200,000   $250,000   $300,000   $350,000   $400,000

$20.395 $20.395 $20.395 $20.395 $20.395 $20.395

$3,059.25   $4,079.00   $5,098.75   $6,118.50   $7,138.25   $8,158.00

2016 REAL ESTATE VALUE

(BASED UPON 2013 REVAL) $150,000   $200,000   $250,000   $300,000   $350,000   $400,000

2015 PROPOSED RES TAX RATE

$20.825 $20.825 $20.825 $20.825 $20.825 $20.825

$3,123.75   $4,165.00   $5,206.25   $6,247.50   $7,288.75   $8,333.00

COVENTRY 2015-2016 FTM PRESENTATION