|
Scenario 6 - Expenditures at 95%, no Oval Expenditure GENERAL FACILITIES
<br />Year Add'l Levy Total Levy Expenditures Reserve Use Reserve Earnings Reserve Balance
<br />Levy Expenditure
<br />Coverage %
<br />2017 744,240.00
<br />2018 212,000.00 364,800.00 152,800.00 17,743.20 609,183.20 58.1%
<br />2019 335,000.00 547,000.00 810,730.00 263,730.00 10,363.60 355,816.80 67.5%
<br />2020 - 547,000.00 3,023,850.00 2,476,850.00 - (2,121,033.20) 18.1%
<br />2021 - 547,000.00 323,000.00 - - (1,897,033.20) 169.3%
<br />2022 - 547,000.00 722,000.00 175,000.00 - (2,072,033.20) 75.8%
<br />2023 - 547,000.00 1,254,285.00 707,285.00 - (2,779,318.20) 43.6%
<br />2024 - 547,000.00 246,050.00 - - (2,478,368.20) 222.3%
<br />2025 - 547,000.00 386,175.00 - - (2,317,543.20) 141.6%
<br />2026 - 547,000.00 63,650.00 - - (1,834,193.20) 859.4%
<br />2027 - 547,000.00 46,930.00 - - (1,334,123.20) 1165.6%
<br />2028 - 547,000.00 385,225.00 - - (1,172,348.20) 142.0%
<br />2029 - 547,000.00 426,075.00 - - (1,051,423.20) 128.4%
<br />2030 - 547,000.00 57,475.00 - - (561,898.20) 951.7%
<br />2031 - 547,000.00 1,113,305.00 566,305.00 - (1,128,203.20) 49.1%
<br />2032 - 547,000.00 380,950.00 - - (962,153.20) 143.6%
<br />2033 - 547,000.00 225,910.00 - - (641,063.20) 242.1%
<br />2034 - 547,000.00 383,800.00 - - (477,863.20) 142.5%
<br />2035 - 547,000.00 348,175.00 - - (279,038.20) 157.1%
<br />2036 - 547,000.00 378,100.00 - - (110,138.20) 144.7%
<br />2037 - 547,000.00 64,600.00 - - 372,261.80 846.7%
<br />Assumptions: Reserve Earnings of 3%
<br />2019 Levy increase is repurpose of bond issuance
<br />One-time infusion of $500,000 from surplus TIF
<br />All expenditures are at 95% of existing CIP. No Oval Expenditure.
<br />-4,000,000.00
<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 />Ye
<br />a
<br />r
<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 />Item 7: Attachment A
|