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First apportionment added to tax assessed as of January 1 of year after betterment <br /> committed <br /> LOAN AMOUNT $10,000 <br /> TERM 20 years <br /> COMMITTED 4/1/2001 <br /> A B C D E <br /> FISCAL YEAR UNPAID BALANCE INTEREST(x%) PRINCIPAL ADD TO TAX BILL <br /> (on B) (C+D) <br /> 2003 10,000 5/l/2001 to 10/l/2002 500 <br /> 2004 9,500 10/1/02 to 10/1/03 500 <br /> 2005 9,000 10/1/03 to 10/1/04 500 <br /> 2006 8,500 10/1/04 to 1011105 500 <br /> 2007 8,000 1011105 to 10/1/06 500 <br /> 2008 7,500 10/1/06 to 10/1/07 500 <br /> 2009 7,000 10/1/07 to 10/1/08 500 <br /> 2010 6,500 10/1/08 to 10/l/09 500 <br /> 2011 6,000 10/l/09 to 10/l/10 500 <br /> 2012 5,500 10/l/10 to 10/l/11 500 <br /> 2013 5,000 10/l/I I to 10/l/12 500 <br /> 2014 4,500 10/l/12 to 10/1/13 500 <br /> 2015 4,000 10/1/13 to 10/1/14 500 <br /> 2016 3,500 10/1/14 to 1011115 500 <br /> 2017 3,000 1011115 to 10/1/16 500 <br /> 2018 2,500 10/1/16 to 10/1/17 500 <br /> 2019 2,000 10/1/17 to 10/l/18 500 <br /> 2020 1,500 10/l/I8 to 10/l/19 500 <br /> 2021 1,000 10/l/19 to 10/l/20 500 <br /> 2022 500 10/l/20 to 10/l/21 500 <br />