|
Scenario 6 - Expenditures at 90% with several smaller levy increases
<br />Year Add'l Levy Total Levy Expenditures Reserve Use Reserve Earnings Reserve Balance
<br />Levy Expenditure
<br />Coverage %
<br />2016 62,000.00
<br />2017 50,000.00 250,000.00 180,000.00 - 3,960.00 65,960.00 138.9%
<br />2018 50,000.00 300,000.00 1,882,881.00 1,582,881.00 - (1,516,921.00) 15.9%
<br />2019 50,000.00 350,000.00 1,000,161.00 650,161.00 - (2,167,082.00) 35.0%
<br />2020 650,000.00 1,000,000.00 1,173,600.00 173,600.00 - (2,340,682.00) 85.2%
<br />2021 50,000.00 1,050,000.00 553,500.00 - - (1,844,182.00) 189.7%
<br />2022 1,050,000.00 701,325.00 - - (1,495,507.00) 149.7%
<br />2023 1,050,000.00 725,850.00 - - (1,171,357.00) 144.7%
<br />2024 1,050,000.00 567,000.00 - - (688,357.00) 185.2%
<br />2025 1,050,000.00 659,313.00 - - (297,670.00) 159.3%
<br />2026 1,050,000.00 556,200.00 - - 196,130.00 188.8%
<br />2027 1,050,000.00 526,500.00 - 21,588.90 741,218.90 199.4%
<br />2028 1,050,000.00 577,350.00 - 36,416.07 1,250,284.97 181.9%
<br />2029 1,050,000.00 627,750.00 - 50,176.05 1,722,711.02 167.3%
<br />2030 1,050,000.00 1,192,725.00 142,725.00 47,399.58 1,627,385.60 88.0%
<br />2031 1,050,000.00 658,503.00 - 60,566.48 2,079,449.07 159.5%
<br />2032 1,050,000.00 745,200.00 - 71,527.47 2,455,776.55 140.9%
<br />2033 1,050,000.00 639,000.00 - 86,003.30 2,952,779.84 164.3%
<br />2034 1,050,000.00 822,600.00 - 95,405.40 3,275,585.24 127.6%
<br />2035 1,050,000.00 557,100.00 - 113,054.56 3,881,539.80 188.5%
<br />2036 1,050,000.00 584,955.00 - 130,397.54 4,476,982.34 179.5%
<br />Assumptions: 2017, 2018, 2019, & 2021 levy increases are a tax increase
<br />2020 levy increase is a repurpose of bond issuance #27
<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 />4,000,000.00
<br />5,000,000.00
<br />2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036
<br />Total Levy
<br />Expenditures
<br />Reserve Balance
<br />Park Improvement Program
|