7 1987 Assessment 1987 Tax Rate Assessment change Property 1986 Final . 1986 1986 Excluding new © to get same $ before increase Class Assessment | Tax Rate ~ Taxes Construction. -. from class in taxes. Residential 674,943,700. 8.9559 6,044, 726 219,203,919 | 8. 4047 6.56% Utilities 35,065,537 22.3898 785,110 37,839, 716 20.7483 7.91% Business & Ind 126,879,550 14.3295 1,618,121 133,986,700 . - 13.5694 5.60% Seasonal 2,891,900 9.9515 28, 490 3,025,678 9.4159 4.63% Farm 904,747 12.0708 - 10,921 1,018,500 10.7227 12.57% TOTAL 840,685, 434 . 8,687,370 895,074,513 9 POGLELELEOOOOOOHOOOO9 990 O00 OH{I0000 000000000 00tO0O000006 pet AMOUNT OF REAL GROWTH IN TAXATION Property 1987 Tax Taxes 1986 Taxes: Growth Class Assessment Rate Residential 745,792,838 8.4047 6,268,201 6,044, 728 223,473 Utilities 38,120,950 20. 7483 ; 790,945 785,110 5,835 Business & Ind 134,822,500 13.5694 1,829, 462 1,818,121 11,341 Seasonal 3,300,800 9. 4159 31,080 28, 490 2,591 Farm 1,018,500 10.7227 10,921 ; 10,921 ‘0 TOTAL 923,055,588 ; 8,930,610 8,687,370 243,240 2.80%