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PRELIMINARY 2025 BUDGET LEVY IMPACT Attachment B
<br />COMPARISON OF PROPERTY TAXES
<br />Proposed Increase %
<br />2021 2022 2023 2024 2025 (Decrease) Change
<br />General Fund 3,760,080 3,902,680 4,098,680 4,650,950 5,331,299 680,349 14.6%
<br />EDA Fund 100,000 100,000 100,000 100,000 - (100,000)-100.0%
<br />Capital Improvements
<br />Equipment/Bldg Replacement 50,000 50,000 50,000 270,000 210,000 (60,000) -22.2%
<br />PIR 250,000 250,000 250,000 250,000 250,000 - 0.0%
<br />Public Safety 120,000 170,000 220,000 40,000 260,000 220,000 550.0%
<br />Total Capital Improvements 420,000 470,000 520,000 560,000 720,000 160,000 28.6%
<br />Debt Service - - - - - - N/A
<br />TOTAL LEVY 4,280,080 4,472,680 4,718,680 5,310,950 6,051,299 740,349 13.94%
<br />Change from previous year 3.5% 4.5% 5.5% 12.6% 13.9%
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