CITY OF WATERLOO

HISTORICAL TAX & VALUATION DATA

(City only, does not include the school district or other taxing jurisdictions)

Tax       Assessed                   Equalized             Assessment            Tax                   Assessed         Equalized

Year      Valuation                  Valuation              Ratio                      Levy                 Tax Rate         Tax Rate

1999       $105,350,335            $130,210,170             80.90%                 $1,363,720         $12.94            $10.47

2000        105,995,285              134,795,097             78.63%                   1,341,287           12.65                9.94

2001        124,895,160              141,184,171             88.46%                   1,377,539           11.03                9.76           

2002        126,124,590              148,985,505             84.66%                   1,490,845           11.82              10.01

2003        159,925,145              154,209,200            103.70%                  1,670,290           10.44              10.84

2004        160,173,570              160,884,917             99.55%                  1,733,894            10.83              10.78

2005        160,166,279              168,425,400              94.94%                  1,663,215           10.38               9.86

2006        162,356,422              177,564,200              91.43%                  1,601,899             9.87               9.02

Notes:

# The equalized tax rate measures taxes in relation to the fair market value of a property

(theoretical 100% value) as it changes each year.

# The total amount the City collects in property taxes (tax levy) has been reduced each of the last two years.