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HEADLEE ROLLBACK CALCULATIONS
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-- Printable Format button is at bottom of form --

  2013 TAXABLE VALUE   2014 TAXABLE VALUE    
Real    
Personal    
 
Total    
 
2014 Inflation Rate Multiplier        1.016
 
FORMULA
 
Prior Year TV Minus Losses X IRM         Millage
Current Year TV Minus Additions         =  Reduction
        Factor
 
Increase in Taxable Value from Uncappings
 
X 1.016 MRF
         =     
 
 
 
Total Maximum Operating Mills (x.xxxx)    
  X MRF  
New Maximum Operating Mills    
 
2014 TAXABLE VALUE
 
   
 
     Lost tax revenue
 
 
 
Add losses from Personal Property
 
X 1.016 MRF
         =     
 
 
 
Total Maximum Operating Mills (x.xxxx)    
  X MRF  
New Maximum Operating Mills    
 
2014 TAXABLE VALUE
 
   
 
     Lost tax revenue