| MUNICIPAL/COUNTY OFFICIALS | ||||||||
| Name | Position | |||||||
| Leroy Thomas | Mayor | Planning Commission | Yes | |||||
| Richard Frandsen | Councilman/County Commissioner | Zoning Regulation | Yes | |||||
| Herman Schneider | Councilman | City Engineer | Yes | |||||
| Lenora Sayler | Councilwoman | City Auditor | Yes | |||||
| Charlie Tibor | Councilman | City Assessor | Yes | |||||
| Ervin Stiller | Councilman | Building Inspector | Yes | |||||
| Kenneth Rehling | Councilman | Emergency Manager | Yes | |||||
| Mark Draeb | Park Board President | Library Board | Yes | |||||
| Jim Tibor | Park Board V. Pres | |||||||
| Kim DeGraff | Park Board | LOCAL OR STATE INCENTIVES | ||||||
| Michyle Stern | Park Board | Local Industrial Bond Capabilities: | No | |||||
| Jess Zuroff | Park Board | Local Development Fund Available: | Yes | |||||
| Leasing Program - Bldg & Equip: | No | |||||||
| TAXES | ||||||||
| REAL PROPERTY | AVAILABLE INDUSTRIAL PROP & BLDGS | |||||||
| Taxable Value (county or city) Year - 2003 | Contact Information | |||||||
| Real Property: | Hebron Community Economic Development Corp | |||||||
| True & Full Value | $12,322,500 | Lester Mutschelknaus | ||||||
| Assessed Value | $6,158,700 | 903 Fulton Ave | ||||||
| Tax Rate (mills) Year - 2003 | Hebron ND 58638 | |||||||
| City | 128.92 | 701-878-4097 | ||||||
| School District | 152.94 | |||||||
| Township | 0 | LOCAL NON-PROPERTY | ||||||
| County/State | 4.39 | Type | City | County | ||||
| Other | 470.76 | Inventory | No | No | ||||
| Bonded Indebtedness | Machinery-Equipment | No | No | |||||
| Outstanding | $1,579,664.10 | Retail Sales | No | No | ||||
| Income (Wages) | No | No | ||||||
| Tax Example: | ||||||||
| Assuming that a new building has been erected | STATE TAXES | |||||||
| for industrial purposes, which costs $200,000 to | Type | Rate | ||||||
| build and is placed on land costing $20,000 the | Corporate Income | 3-10.5% | ||||||
| real estate taxes would be computed as follows: | Intangibles | 0-0% | ||||||
| $200,000 | = | Cost of Building | Retail Sales | 6% | ||||
| 20,000 | = | Cost of Land | Individual Income is 14% of Federal Tax Liability | |||||
| $220,000 | = | True & Full Value | ||||||
| x 50% | = | Gasoline (cents/gal) | 21 | State | ||||
| $110,000 | = | Assessed Value | 18.4 | Federal | ||||
| x 10% | = | 39.4 | Total | |||||
| $11,000 | = | Taxable Value | ||||||
| x | = | Mill Levy 19__ | POPULATION | |||||
| = | Tax | 2000 City of Hebron, Morton County - 803 | ||||||
| x .95% | = | Represents 5% Discount | ||||||
| for early payment prior | ||||||||
| to February 15th. | ||||||||