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Scenario 7 - Expenditures at 90% with fewer (larger) 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 100,000.00 300,000.00 180,000.00 - 5,460.00 67,460.00 166.7%
<br />2018 70,000.00 370,000.00 1,882,881.00 1,512,881.00 - (1,445,421.00) 19.7%
<br />2019 370,000.00 1,000,161.00 630,161.00 - (2,075,582.00) 37.0%
<br />2020 650,000.00 1,020,000.00 1,173,600.00 153,600.00 - (2,229,182.00) 86.9%
<br />2021 1,020,000.00 553,500.00 - - (1,762,682.00) 184.3%
<br />2022 1,020,000.00 701,325.00 - - (1,444,007.00) 145.4%
<br />2023 1,020,000.00 725,850.00 - - (1,149,857.00) 140.5%
<br />2024 1,020,000.00 567,000.00 - - (696,857.00) 179.9%
<br />2025 1,020,000.00 659,313.00 - - (336,170.00) 154.7%
<br />2026 1,020,000.00 556,200.00 - - 127,630.00 183.4%
<br />2027 1,020,000.00 526,500.00 - 18,633.90 639,763.90 193.7%
<br />2028 1,020,000.00 577,350.00 - 32,472.42 1,114,886.32 176.7%
<br />2029 1,020,000.00 627,750.00 - 45,214.09 1,552,350.41 162.5%
<br />2030 1,020,000.00 1,192,725.00 172,725.00 41,388.76 1,421,014.17 85.5%
<br />2031 1,020,000.00 658,503.00 - 53,475.34 1,835,986.50 154.9%
<br />2032 1,020,000.00 745,200.00 - 63,323.60 2,174,110.10 136.9%
<br />2033 1,020,000.00 639,000.00 - 76,653.30 2,631,763.40 159.6%
<br />2034 1,020,000.00 822,600.00 - 84,874.90 2,914,038.30 124.0%
<br />2035 1,020,000.00 557,100.00 - 101,308.15 3,478,246.45 183.1%
<br />2036 1,020,000.00 584,955.00 - 117,398.74 4,030,690.20 174.4%
<br />Assumptions: 2017 & 2018 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
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