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PATH TO THE 2020 TAX LEVY <br />Cost of Services Less Operational Revenues Leaves a Funding Gap, Which Equals Levy Need <br />Cost of City Services: <br />$7,775,827 <br />Police, Fire, Public <br />Works, Parks, <br />Emergency <br />Management, Finance <br />and AdministrationOperating FundsCity Revenues <br />Generated: <br />$3,019,750 <br />Licenses and Permits <br />Intergovernmental <br />Aids Charges for <br />Services, Fines, <br />Reimbursements and <br />Transfers <br />Gap: <br />$4,756,077 <br />Levy Amount <br />$4,756,077 <br />PATH TO THE 2020 TAX LEVY <br />Replacement Costs Less Generated Revenues Leaves a Funding Gap, Which Equals Levy Need <br />Capital Improvement* Annual needs range from <br />$200,000 -$800,000 based <br />on timing of replacement. <br />Buildings Maintenance & <br />Equipment Replacement: <br />$200,000 - <br />$800,000* <br />City Buildings, Fleet, <br />Snow Plows, Fire Engines, <br />Equipment, Technology, <br />Park Shelters <br />City Revenues <br />Generated: <br />$220,500 <br />Transfers, <br />Equipment Sales, <br />Park Dedication <br />Fees, Grants, Fees <br />Gap: <br />$366,200* <br />Levy Amount <br />$366,200 <br />* Gap is determined by <br />monitoring fund balance <br />annually to sustain the <br />planned level of <br />equipment replacement <br />over the next 18 years <br />25