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<br />2024 2025 % Change
<br />General levy capped at 6.5%5,833,475 6,045,936 3.64%
<br />Referendum levy 385,000 420,000 9.09%
<br />EDA levy 100,000 160,000 60.00%
<br />Debt/Capital (Streets) levy 566,293 718,288 26.84%
<br />TOTAL 6,884,768 7,344,224 6.67%
<br />Scenario #3
<br />General Fund – balance the General Fund budget.
<br />EDA Fund – no increase to levy. Remains at $150,000 ($100,000 levy and $50,000 transfer).
<br />Street Improvement Fund – no increase to levy. Remains at $150,000.
<br />
<br />
<br />2024 2025 % Change
<br />General levy capped at 6.5%5,833,475 6,265,936 7.41%
<br />Referendum levy 385,000 420,000 9.09%
<br />EDA levy 100,000 150,000 50.00%
<br />Debt/Capital (Streets) levy 566,293 568,288 0.35%
<br />TOTAL 6,884,768 7,404,224 7.55%
<br />Scenario #4
<br />General Fund – balance the General Fund budget.
<br />EDA Fund – increase the EDA levy by $10,000 to $160,000.
<br />Street Improvement Fund – increase the Street Capital levy by $150,000 to $300,000.
<br />
<br />
<br />2024 2025 % Change
<br />General levy capped at 6.5%5,833,475 6,265,936 7.41%
<br />Referendum levy 385,000 420,000 9.09%
<br />EDA levy 100,000 160,000 60.00%
<br />Debt/Capital (Streets) levy 566,293 718,288 26.84%
<br />TOTAL 6,884,768 7,564,224 9.87%
<br />Scenario #5
<br />General Fund – balance the General Fund budget.
<br />EDA Fund – increase the EDA levy by $10,000 to $160,000.
<br />Street Improvement Fund – increase the Street Capital levy by $90,173 to $240,173.
<br />Keeps the total levy at 9.0%.
<br />
<br />2024 2025 % Change
<br />General levy capped at 6.5%5,833,475 6,265,936 7.41%
<br />Referendum levy 385,000 420,000 9.09%
<br />EDA levy 100,000 160,000 60.00%
<br />Debt/Capital (Streets) levy 566,293 658,461 16.28%
<br />TOTAL 6,884,768 7,504,397 9.00%
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