Bond Tax Comparison






Total Assessed Property Value (AV) for 2020-21:





Your Current Assessed Value:










Bond Type

Current Interest (CIB) Capital Appreciation (CAB)
Bond Amounts (face value) being compared:
Interest Rate (%), see [%] for details
Rate Premium (due to interest deferral) ---
4.00
Life of Bond (years)
First year of taxation 1
District Total Tax Collected for life of bond

Repayment Multiplier (Total Tax / Bond Amount) [#]
Total Tax (Total Debt Service)
21,750,000.00
58,000,000.00
Bond holder Interest Portion of these Taxes
7,250,000.00
43,500,000.00
Comparable["] Interest Rate (%)
2.00
10.50
Portion of Total tax by 2013-14 AV

Per $100,000 assessed value
643.02
2,284.87
Person A: $500,000 assessed home value
3,215.11
11,424.35
Person B: $1,500,000 assessed home value
9,645.32
34,273.04
Tax liability for Person B - tax liability for Person A
6,430.21
22,848.69
For your current assessed value, as stated above
7,523.35
26,732.97
Average annual debt service rate
All years
Years 1-13
Years 14-30
Per $100,000 assessed value
25.72
$0.00
0
Person A: $500,000 assessed home value
128.60
$0.00
0
Person B: $1,500,000 assessed home value
385.81
$0.00
0
For your current assessed value, as stated above
300.93
$0.00
0


[%] Use 'Yield To Maturity' for a CIB (level debt service) and weighted average 'Accretion Rate' for a CAB (assumes level principal reduction).


["] CIB rate that results in equivalent debt service for same maturity. This combines the CAB effects of compounding interest and the yield premium.

[#] If CAB designed to level a combined debt service of new and existing bonds, override repayment multiplier with value from your bond consultant.



Copyright 2013 Next Millennium Technology Corp. Copyright holder grants any individual, government or media agency the right to copy and distribute these reported values for non-commercial use.