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City of Arden Hills, MN
<br />Lake Johanna Fire Department
<br />Tax Levy Reserve Build -Up
<br />6 FTE
<br />City Share
<br />Beginning Year
<br />Balance
<br />Cumulative Tax
<br />Levy Increase
<br />Annual Tax Levy
<br />Increase
<br />Ending Year
<br />Balance
<br />YOY %
<br />Levy Inc
<br />2024
<br />-
<br />-
<br />40,000
<br />40,000
<br />40,000
<br />2025
<br />-
<br />40,000
<br />80,000
<br />40,000
<br />120,000
<br />2026
<br />-
<br />120,000
<br />120,000
<br />40,000
<br />240,000
<br />0%
<br />2027
<br />(275,000)
<br />240,000
<br />160,000
<br />40,000
<br />125,000
<br />0%
<br />2028
<br />(288,750)
<br />125,000
<br />207,000
<br />47,000
<br />43,250
<br />18%
<br />2029
<br />(303,188)
<br />43,250
<br />260,000
<br />53,000
<br />63
<br />13%
<br />2030
<br />(318,347)
<br />63
<br />318,284
<br />58,284
<br />(0)
<br />10%
<br />2031
<br />(334,264)
<br />(0)
<br />334,265
<br />15,981
<br />0
<br />-73%
<br />2032
<br />(350,977)
<br />0
<br />350,977
<br />16,712
<br />(0)
<br />5%
<br />2033
<br />(368,526)
<br />(0)
<br />368,526
<br />17,549
<br />(0)
<br />5%
<br />2034
<br />(386,953)
<br />(0)
<br />386,953
<br />18,427
<br />0
<br />5%
<br />2035
<br />(406,300)
<br />0
<br />406,300
<br />19,347
<br />(0)
<br />5%
<br />9 FTE
<br />City Share
<br />Beginning Year
<br />Balance
<br />Cumulative Tax
<br />Levy Increase
<br />Annual Tax Levy
<br />Increase
<br />Ending Year
<br />Balance
<br />YOY %
<br />Levy Inc
<br />2024
<br />-
<br />-
<br />40,000
<br />40,000
<br />40,000
<br />2025
<br />-
<br />40,000
<br />80,000
<br />40,000
<br />120,000
<br />2026
<br />-
<br />120,000
<br />132,000
<br />52,000
<br />252,000
<br />30%
<br />2027
<br />(325,000)
<br />252,000
<br />190,000
<br />58,000
<br />117,000
<br />12%
<br />2028
<br />(341,250)
<br />117,000
<br />255,000
<br />65,000
<br />30,750
<br />12%
<br />2029
<br />(358,313)
<br />30,750
<br />327,563
<br />72,563
<br />1
<br />12%
<br />2030
<br />(376,228)
<br />1
<br />376,228
<br />48,665
<br />0
<br />-33%
<br />2031
<br />(395,040)
<br />0
<br />395,039
<br />18,811
<br />(0)
<br />-61 %
<br />2032
<br />(414,792)
<br />(0)
<br />414,792
<br />19,753
<br />0
<br />5%
<br />2033
<br />(435,531)
<br />0
<br />435,531
<br />20,739
<br />0
<br />5%
<br />2034
<br />(457,308)
<br />0
<br />457,307
<br />21,776
<br />(0)
<br />5%
<br />2035
<br />(480,173)
<br />(0)
<br />480,173
<br />22,866
<br />(0)
<br />5%
<br />
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