|
Scenario 8 - Expenditures at 100% with 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 140,000.00 340,000.00 200,000.00 - 6,060.00 68,060.00 170.0%
<br />2018 140,000.00 480,000.00 2,092,090.00 1,612,090.00 - (1,544,030.00) 22.9%
<br />2019 480,000.00 1,111,290.00 631,290.00 - (2,175,320.00) 43.2%
<br />2020 650,000.00 1,130,000.00 1,304,000.00 174,000.00 - (2,349,320.00) 86.7%
<br />2021 1,130,000.00 615,000.00 - - (1,834,320.00) 183.7%
<br />2022 1,130,000.00 779,250.00 - - (1,483,570.00) 145.0%
<br />2023 1,130,000.00 806,500.00 - - (1,160,070.00) 140.1%
<br />2024 1,130,000.00 630,000.00 - - (660,070.00) 179.4%
<br />2025 1,130,000.00 732,570.00 - - (262,640.00) 154.3%
<br />2026 1,130,000.00 618,000.00 - - 249,360.00 182.8%
<br />2027 1,130,000.00 585,000.00 - 23,830.80 818,190.80 193.2%
<br />2028 1,130,000.00 641,500.00 - 39,200.72 1,345,891.52 176.1%
<br />2029 1,130,000.00 697,500.00 - 53,351.75 1,831,743.27 162.0%
<br />2030 1,130,000.00 1,325,250.00 195,250.00 49,094.80 1,685,588.07 85.3%
<br />2031 1,130,000.00 731,670.00 - 62,517.54 2,146,435.61 154.4%
<br />2032 1,130,000.00 828,000.00 - 73,453.07 2,521,888.68 136.5%
<br />2033 1,130,000.00 710,000.00 - 88,256.66 3,030,145.34 159.2%
<br />2034 1,130,000.00 914,000.00 - 97,384.36 3,343,529.70 123.6%
<br />2035 1,130,000.00 619,000.00 - 115,635.89 3,970,165.59 182.6%
<br />2036 1,130,000.00 649,950.00 - 133,506.47 4,583,722.06 173.9%
<br />Assumptions:
<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
|