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09-25-23-R
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09-25-23-R
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9/22/2023 3:41:36 PM
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Set levy at $5,310,950 (an increase of $592,270 or 12.55% over 2023) <br />Set levy at $5,412,341 (an increase of $693,661 or 14.70% over 2023) <br />Below is a table of possible levy amounts to choose from. <br />CERTIFIED LEVY AMOUNT <br />FUND <br />7.0% <br />9.0% <br />11.0% <br />12.5% <br />14.7% <br />General <br />$ 4,428,990 <br />$ 4,523,360 <br />$ 4,617,730 <br />$ 4,650,950 <br />$ 4,752,341 <br />Economic Development <br />100,000 <br />100,000 <br />100,000 <br />100,000 <br />100,000 <br />Equipment/Building Replacement <br />270,000 <br />270,000 <br />270,000 <br />270,000 <br />270,000 <br />Capital Improvement (PIR) <br />250,000 <br />250,000 <br />250,000 <br />250,000 <br />250,000 <br />Public Safety Capital <br />- <br />- <br />- <br />40,000 <br />40,000 <br />TOTAL <br />$ 5,048,990 <br />$ 5,143,360 <br />$ 5,237,730 <br />$ 5,310,950 <br />$ 5,412,341 <br />The 2023 City Tax Rate is 23.6318%. The estimated 2024 City tax rate based on the most current <br />information is calculated as follows for the different tax levy increases: <br />0.0% <br />21.555% <br />7.0% <br />23.186% <br />9.0% <br />23.651% <br />11.0% <br />24.117% <br />12.55% <br />24.478% <br />14.70% <br />24.979% <br />Page 5 of 6 <br />
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