Toledo Millage Calculations based on 1.10 mill increase provided by the Urban Coalition http://tpsinfo.org

1. 2009 Lucas County Valuations
Agricultural Commercial Total Public Public Public Telecom
and and Real Utility Utility Total Utility General Total
Residential Industrial Abstract Land Real Real Personal Personal Personal
1,873,057,040 791,464,400 2,664,521,440 0 2,835,360 2,667,356,800 101,945,040 7,407,485 109,352,525
Total Valuation $2,776,709,325
Personal
Calendar Property Total Mills Estimated
Year Tax Valuation 9.00 Revenue
2011 $0.00 $2,776,709,325.00 0.009 $24,990,383.93
2012 $0.00 $2,776,709,325.00 0.009 $24,990,383.93
2013 $0.00 $2,776,709,325.00 0.009 $24,990,383.93
2014 $0.00 $2,776,709,325.00 0.009 $24,990,383.93
2015 $0.00 $2,776,709,325.00 0.009 $24,990,383.93
Fiscal Year Calculations
10/11 $24,990,383.93 13/14 $24,990,383.93
55.00% 45.00%
Jan-June 11 $13,744,711.16 July-December 13 $11,245,672.77
.
$24,990,383.93
11/12 $24,990,383.93 55.00%
45.00% Jan-June 14 $13,744,711.16
July -December 11 $11,245,672.77
Fiscal Year 13/14 $24,990,383.93
$24,990,383.93
Jan-June 12 55.00%
$13,744,711.16 14/15 $24,990,383.93
45.00%
Fiscal Year 11/12 Total $24,990,383.93 July-December 14 $11,245,672.77
$24,990,383.93
12/13 $24,990,383.93 55.00%
45.00% Jan-June 15 $13,744,711.16
July-December 12 $11,245,672.77
Fiscal Year 14/15 $24,990,383.93
$24,990,383.93
55.00%
Jan-June 13 $13,744,711.16
14/15 $24,990,383.93
Fiscal Year 12/13 $24,990,383.93 45.00%
July-December 15 $11,245,672.77

2. Mills 1.00
Base (assume 0 growth) $2,776,709,325
Calendar Year Collection $2,776,709,325
Collection Jan-June 55%
Collection July-December 45% Number of Mill / Fiscal Year Collection
Fiscal Year Collections 1 Mill Calculation 1 2 3 4 5 6 7 8
Fiscal Year 10/11 $1,527,190.13 $1,527,190.13 $3,054,380.26 $4,581,570.39 # $7,635,950.64 $9,163,140.77 $10,690,330.90 $12,217,521.03
Fiscal Year 11/12 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60
Fiscal Year 12/13 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60
Fiscal Year 13/14 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60
Fiscal Year 14/15 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60
Fiscal Year 15/16 $2,776,709.33 $2,776,709.33 $5,553,418.65 $8,330,127.98 # $13,883,546.63 $16,660,255.95 $19,436,965.28 $22,213,674.60