Total tax savings over the last twenty years
| LEGEND |
| VKB MR |
Village of Key Biscayne Millage Rate |
|
MDC MR |
Miami-Dade County Millage Rate |
| |
1993-1994 |
1994-1995 |
1995-1996 |
1996-1997 |
1997-1998 |
1998-1999 |
1999-2000 |
| Taxable Value |
1,546,614,927 |
1,712,103,767 |
1,768,669,892 |
1,862,244,231 |
2,003,661,361 |
2,028,547,298 |
2,232,861,518 |
| VKB MR |
4.439 |
4.1 |
3.8 |
3.606 |
3.606 |
3.606 |
3.606 |
| VKB Taxes |
6,865,424 |
7,019,625 |
6,720,945 |
6,715,252 |
7,225,202 |
7,314,941 |
8,051,698 |
|
| MDC MR* |
4.718 |
4.731 |
4.835 |
5.022 |
5.408 |
5.381 |
5.199 |
| MDC Tax |
7,296,929 |
8,099,962 |
8,551,518 |
9,352,190 |
10,835,800 |
10,915,613 |
11,608,647 |
| |
2000-2001 |
2001-2002 |
2002-2003 |
2003-2004 |
2004-2005 |
2005-2006 |
2006-2007 |
| Taxable Value |
2,497,269,588 |
2,731,835,568 |
3,261,071,058 |
3,661,499,368 |
3,865,902,269 |
5,631,005,426 |
6,513,745,809 |
| VKB MR |
3.606 |
3.606 |
3.606 |
3.606 |
3.606 |
3.606 |
3.45 |
| VKB Taxes |
9,005,154 |
9,850,999 |
11,759,422 |
13,203,366 |
13,940,443 |
20,305,405 |
22,472,423 |
|
| MDC MR* |
5.199 |
5.199 |
5.108 |
5.108 |
5.108 |
5.108 |
4.227 |
| MDC Tax |
12,983,304 |
14,202,813 |
16,657,550 |
18,702,938 |
19,747,028 |
28,763,176 |
27,534,906 |
| |
2007-2008 |
2008-2009 |
2009-2010 |
2010-2011 |
2011-2012** |
| Taxable Value |
6,513,745,809 |
6,441,878,743 |
5,923,217,265 |
5,442,072,733 |
5,442,072,733 |
| VKB MR |
3.2 |
3.2 |
3.2 |
3.2 |
3.2 |
| VKB Taxes |
20,843,986 |
20,614,011 |
18,954,295 |
17,414,632 |
17,414,632 |
|
| MDC MR* |
4.2483 |
4.1934 |
4.1934 |
4.8687 |
4.4579 |
| MDC Tax |
27,672,346 |
27,013,374 |
24,838,419 |
26,495,819 |
24,260,216 |
| |
1993-2000 |
2000-2012 |
| Total VKB |
49,913,090 |
195,778,773.6 |
| Total MDC |
66,660,662 |
268,871,894 |
| Savings |
16,747,572 |
73,093,120 |
|
Total Savings:
$89,840,692
* MDC Millage Rate includes MSA and Fire + Rescue
**2011-2012 are projections using 2010 Taxable value and MDC "Adopted" Millage Rate, which should both be conservative.