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Barrington Borough Council has approved its 2012 budget calling for $4,891,017.35 to be raised by taxation for municipal purposes — the exact amount also listed as the maximum allowable amount to be raised by taxation under the state Property Tax Levy Cap, based on a percentage hike over last year’s tax base.
The budget also describes about $1.7 million in additional revenues, including more than $700,000 in state aid, as part of the $6.6 million spending plan. The 2011 budget spent $6.4 million.
Below are property taxes by assessed value, according to the Barrington 2012 budget document:
Assessed — 2012 — Local portion ||| 2011 — Local portion ||| Total — Local
Value — tax — of 2012 tax ||| tax — of 2011 tax ||| increase —increase
——————————————————————————————————————————-
50,000 — 1,627.16 — 428.96 ||| 1,575.82 — 405.52 ||| 51.34 — 23.44
60,000 — 1,952.59 — 514.75 ||| 1,890.98 — 486.62 ||| 61.61 — 28.13
70,000 — 2,278.03 — 600.55 ||| 2,206.15 — 567.73 ||| 71.88 — 32.82
80,000 — 2,603.46 — 686.34 ||| 2,521.31 — 648.83 ||| 82.15 — 37.51
90,000 — 2,928.89 — 772.13 ||| 2,836.47 — 729.93 ||| 92.42 — 42.20
100,000 — 3,254.32 — 857.92 ||| 3,151.64 — 811.04 ||| 102.68 — 46.89
110,000 — 3,579.76 — 943.72 ||| 3,466.80 — 892.14 ||| 112.95 — 51.57
120,000 — 3,905.19 — 1,029.51 ||| 3,781.97 — 973.25 ||| 123.22 — 56.26
130,000 — 4,230.62 — 1,115.30 ||| 4,097.13 — 1,054.35 ||| 133.49 — 60.95
140,000 — 4,556.05 — 1,201.09 ||| 4,412.29 — 1,135.45 ||| 143.76 — 65.64
150,000 — 4,881.49 — 1,286.89 ||| 4,727.46 — 1,216.56 ||| 154.03 — 70.33
160,000 — 5,206.92 — 1,372.68 ||| 5,042.62 — 1,297.66 ||| 164.30 — 75.02
170,000 — 5,532.35 — 1,458.47 ||| 5,357.79 — 1,378.77 ||| 174.56 — 79.71
180,000 — 5,857.78 — 1,544.26 ||| 5,672.95 — 1,459.87 ||| 184.83 — 84.39
190,000 — 6,183.21 — 1,630.06 ||| 5,988.11 — 1,540.97 ||| 195.10 — 89.08
200,000 — 6,508.65 — 1,715.85 ||| 6,303.28 — 1,622.08 ||| 205.37 — 93.77
250,000 — 8,135.81 — 2,144.81 ||| 7,879.10 — 2,027.60 ||| 256.71 — 117.21
300,000 — 9,762.97 — 2,573.77 ||| 9,454.92 — 2,433.12 ||| 308.05 — 140.66
350,000 — 11,390.13 — 3,002.73 ||| 11,030.74 — 2,838.64 ||| 359.40 — 164.10
400,000 — 13,017.29 — 3,431.70 ||| 12,606.56 — 3,244.15 ||| 410.74 — 187.54
450,000 — 14,644.46 — 3,860.66 ||| 14,182.37 — 3,649.67 ||| 462.08 — 210.98
For details on your home’s assessment (as well as exact acreage, purchase price and more), please see “Assessments, property tax bills for all Barrington homes.”
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