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GENERAL PURPOSE <br />(State Levy Limitation) <br />BONDED DEBT: <br />General Debt <br />Assessment Debt <br />Totals <br />DETAILS OF INCREASE: <br />CITY OF LITTLE CANADA, MINNESOTA <br />Exhibit E <br />COMPARISON OF TAX LEVIES <br />1983 and 1984 (Proposed #2) <br />Actual Proposed <br />1983 1984 Change <br />$ 394,432 $ 548,261 $ 153,829 <br />39,000 75,000 36,000 <br />658,300 622,300 (36,000) <br />$1,091,732 $1,245,561 $ 153,829 <br />1. GENERAL PURPOSE: <br />A. Decrease in State Aids at Inflation /Per <br />Capita Change <br />B. Inflation /Per Capita Levy Limitation <br />Increase to Tax Revenue Base <br />2. GENERAL BONDED DEBT: <br />A. Building Bonds - Cancellation to Utilize <br />Previously Accumulated Reserve Balance <br />B. New Bond Issue - 1983 Fire Equipment <br />Certificates (Tied to Senior Citizen <br />Project) <br />C. Other Changes <br />3. ASSESSMENT BONDED DEBT: <br />A. New Bond Issue - 1983 Improvement Bonds <br />B. Elimination of Additional Debt Levies on <br />1966 and 1967 Bonds: <br />1) Resulting from Debt Study Data <br />2) Resulting from 1982 Construction <br />Charges: Special Deferred Construction; <br />and, Actual Interest Earnings over <br />Projections <br />3) Tax Levy Cancellations (1978 Bond Issues) <br />Resulting from Actual Interest Earnings <br />over Projections <br />4) Other Charges <br />$ 70,679 <br />83,150 $ 153,829 <br />(11,000) <br />49,000 <br />(2,000) <br />50,000 <br />(40,000) <br />(25,000) <br />(29,900) <br />8,900 <br />36,000 <br />(36,000) <br />TOTAL CHANGE $ 153,829 <br />009 <br />