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CC PACKET 09102019
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CC PACKET 09102019
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9/10/2019 12:07:23 PM
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9/6/2019 9:22:46 AM
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ISSUANCE OF 2019A G.O. BONDS <br />•2019A General Obligation Bonds -$1,145,000 <br />Flood Migration -Silver Lake Road <br />Utilities Reconstruction and Sidewalks –East County Rd C <br />•2019A General Obligation Refunding Bonds -$1,335,000 <br />•Refunding of 2010A and 2011A Bonds for interest savings <br />•Net present value of interest savings was $99,822 <br />•In 2019 the median value home’s property taxes were $55.74 monthly <br />for road, utility, parks and facility improvements <br />IMPACT OF DEBT LEVY RELIEF <br />•Overall levy increase without DLR: 9.80% <br />•With debt levy relief: 4.08% increase <br /> 1,000,000 <br /> 1,500,000 <br /> 2,000,000 <br /> 2,500,000 <br /> 3,000,000 <br /> 3,500,000 <br />2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 <br />29
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