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Scenario 3 - Additional 100K increase in 2017
<br />Year Add'l Levy Total Levy Expenditures Reserve Use Reserve Earnings Reserve Balance
<br />Levy Expenditure
<br />Coverage %
<br />2016 72,000.00
<br />2017 100,000.00 312,000.00 169,200.00 - 6,444.00 78,444.00 184.4%
<br />2018 - 312,000.00 882,500.00 570,500.00 - (492,056.00) 35.4%
<br />2019 335,000.00 647,000.00 413,800.00 - - (492,056.00) 156.4%
<br />2020 - 647,000.00 2,253,000.00 1,606,000.00 - (2,098,056.00) 28.7%
<br />2021 - 647,000.00 690,000.00 43,000.00 - (2,141,056.00) 93.8%
<br />2022 - 647,000.00 734,200.00 87,200.00 - (2,228,256.00) 88.1%
<br />2023 - 647,000.00 920,300.00 273,300.00 - (2,501,556.00) 70.3%
<br />2024 - 647,000.00 223,400.00 - - (2,077,956.00) 289.6%
<br />2025 - 647,000.00 881,000.00 234,000.00 - (2,311,956.00) 73.4%
<br />2026 - 647,000.00 67,000.00 - - (1,731,956.00) 965.7%
<br />2027 - 647,000.00 78,600.00 - - (1,163,556.00) 823.2%
<br />2028 - 647,000.00 367,000.00 - - (883,556.00) 176.3%
<br />2029 - 647,000.00 429,900.00 - - (666,456.00) 150.5%
<br />2030 - 647,000.00 86,300.00 - - (105,756.00) 749.7%
<br />2031 - 647,000.00 1,183,900.00 536,900.00 - (642,656.00) 54.6%
<br />2032 - 647,000.00 409,000.00 - - (404,656.00) 158.2%
<br />2033 - 647,000.00 578,000.00 - - (335,656.00) 111.9%
<br />2034 - 647,000.00 419,500.00 - - (108,156.00) 154.2%
<br />2035 - 647,000.00 216,500.00 - - 322,344.00 298.8%
<br />2036 - 647,000.00 363,000.00 - 18,190.32 606,344.00 178.2%
<br />Assumptions: Reserve Earnings of 3%
<br />2017 Levy increase is tax increase
<br />2019 Levy increase is repurpose of bond issuance
<br />-3,000,000.00
<br />-2,000,000.00
<br />-1,000,000.00
<br />0.00
<br />1,000,000.00
<br />2,000,000.00
<br />3,000,000.00
<br />20
<br />1
<br />6
<br />20
<br />1
<br />7
<br />20
<br />1
<br />8
<br />20
<br />1
<br />9
<br />20
<br />2
<br />0
<br />20
<br />2
<br />1
<br />20
<br />2
<br />2
<br />20
<br />2
<br />3
<br />20
<br />2
<br />4
<br />20
<br />2
<br />5
<br />20
<br />2
<br />6
<br />20
<br />2
<br />7
<br />20
<br />2
<br />8
<br />20
<br />2
<br />9
<br />20
<br />3
<br />0
<br />20
<br />3
<br />1
<br />20
<br />3
<br />2
<br />20
<br />3
<br />3
<br />20
<br />3
<br />4
<br />20
<br />3
<br />5
<br />20
<br />3
<br />6
<br />Total Levy
<br />Expenditures
<br />Reserve Balance
<br />General Facilities Program
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