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EXAMPLE FOR A EXAMPLE FOR A EXAMPLE FOR A $100,000 HOME $200,000 HOME $300,000 HOME ($50,000 TV*) ($100,000 TV*) ($150,000 TV*) *Taxable Value (TV) is approximately half of home value: 50,000 100,000 150,000 Millage Rate 1.15 per $1,000 of TV 0.00115 0.00115 0.00115 Additional Tax per Month 4.79 $ 9.58 $ 14.38 $ Additional Tax per Week 1.11 $ 2.21 $ 3.32 $ Additional Tax per Day 0.16 $ 0.32 $ 0.47 $ *Data source: Otsego County Equalization. This example is used for illustrative purposes. Refer to the most recent TV of your home for your individual calculation. Note: the above figures are PER HOUSEHOLD, not per person. MILLAGE INFORMATION FOR PROPOSED JAIL/SHERIFF'S OFFICE Below are examples of how the proposed millage rate of 1.15 would impact households in Otsego County: