The Manhattan Club Timeshare Association, Inc.

2010 Timeshare Operating Budget

 

Cover LetterReferenced Articles2010 The Manhattan Club Timeshare Assn. Timeshare Operating Budget

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The original article can be found here

Tax Rates

The annual Statement of Account that Finance mailed to homeowners June 2008 was based on the 2007/2008 tax rates. 

Changes To The Property Tax Rate for July 1, 2008 - June 30, 2008

  • A new tax rate was adopted for July 1, 2008 - December 31, 2008. This change, which happens almost every year, is applied retroactively back to July 2008.
  • The tax rate was increased for January 1, 2009 - June 30, 2009 because of the financial crisis. This change applies to all property owners starting in January, and is not retroactive to July 2008.

The new property tax rates for the 2008/09 tax year are listed in the following table:

YEAR

CLASS 1

CLASS 2

CLASS 3

CLASS 4

08/09
3rd & 4th Qtr.

16.787%

13.053%

12.577%

10.612%

08/09
1st & 2nd Qtr.

15.605%

12.139%

11.698%

9.870%

07/08

15.434%

11.928%

11.577%

10.059%

06/07

16.118%

12.737%

12.007%

10.997%

05/06

15.746%

12.396%

12.309%

11.306%

04/05

15.094%

12.216%

12.553%

11.558%

03/04

14.550%

12.620%

12.418%

11.431%

02/03
3rd & 4th Qtr.

14.160%

12.517%

12.565%

11.580%

02/03
1st & 2nd Qtr.

11.936%

10.564%

10.607%

9.776%

01/02

11.609%

10.792%

10.541%

9.712%

00/01

11.255%

10.847%

10.540%

9.768%

99/00

11.167%

10.851%

9.398%

9.989%

98/99

10.961%

10.739%

8.800%

10.236%

97/98

10.849%

11.046%

8.282%

10.164%

96/97

10.785%

11.056%

7.840%

10.252%

95/96

10.725%

10.807%

7.922%

10.402%

94/95

10.694%

10.552%

7.702%

10.608%

93/94

10.900%

10.369%

7.404%

10.724%

92/93

10.888%

9.910%

12.794%

10.698%

91/92

10.888%

9.885%

13.083%

10.631%

90/91

9.920%

9.228%

15.200%

10.004%

89/90

9.452%

9.229%

12.903%

9.539%

88/89

9.452%

9.272%

11.289%

9.582%

87/88

9.330%

9.150%

9.942%

9.460%

86/87

9.330%

9.150%

9.172%

9.460%

85/86

9.100%

9.150%

9.051%

9.460%

84/85

9.100%

9.150%

9.051%

9.460%

83/84

9.100%

9.057%

9.237%

9.323%

82/83

8.950%

8.950%

9.109%

9.294%

81/82

8.950%

8.950%

8.950%

8.950%