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