TaxCalc by Stauder, Barch & Associates, Inc.
Assumptions and Entry Form
LAKE ORION COMMUNITY SCHOOL DISTRICT
Stauder, Barch & Associates, Inc.
Public Financial Consultants
3989 Research Park Drive
Use this calculator to estimate the after tax impact of the August 6, 2013 bond proposals.
Ann Arbor, Michigan, 48108
Phone: 734-668-6688 E-mail: firstname.lastname@example.org
> TaxCalc estimates the after-tax impact on homestead
> The homestead tax credit is reduced by 10% for each $1,000
property for bonding proposals supported by millage.
of household income that exceeds $41,000.
> Property tax adjustments affect the amount of homestead
> The maximum homestead tax credit is $1,200.
property tax credit (if applicable) for state income tax.
> TaxCalc also considers the impact of property tax deductions
on federal income tax by estimating the marginal tax bracket.
> The homestead tax credit applies to homestead property
with Taxable Value of $135,000 or less and
> This program considers most of the factors that influence
households with incomes less than $50,000 which pay
the tax impact. It does make a few assumptions.
at least 3.50% of household income in property taxes.
Click here for Assumptions and Entry Form >
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