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9 <br />The city has been contributing to the fund regularly since 2019. As we’ve built out the CIP to a <br />10-year plan, it became clear that those funding levels needed to increase. The projected Tax <br />Levy is shown with a starting amount of $450K in 2026 and increasing $50K per year until 2031 <br />and then holding steady. An interfund loan of $500,000 is planned for 2027 to be repaid over a <br />5-year period to address a shortage in the fund that year. A second interfund loan is planned for <br />2028 in the amount of $1.3 million, to be repaid over a 10-year period, to allow for the purchase <br />of the ladder truck. <br />Attached Reports – <br />•Vehicle Fund (410) – Funding Sources & Uses