|
6/20/2025
<br />4
<br />LESS FREQUENT
<br />DEBT ISSUES
<br />Debt Levy will remain at $2,487,181
<br />for seventh consecutive year
<br />Fewer Debt Issues combined with
<br />reduced bond size
<br />INCREASING INFRASTRUCTURE FUND
<br />BALANCE
<br />IF project scope and costs
<br />remain stable, the street
<br />infrastructure fund balance
<br />will increase enough to
<br />support smaller future
<br />projects without borrowing.
<br />Levy Year Debt levy
<br />Infrastructure Levy -Road Construction Total
<br /> Combined $ change in Levy
<br /> Combined % change in Levy
<br />Amount Levied less prior bond Eliminations
<br />Scheduled bond amount
<br />Bond Amount Eliminated Bond Year Bond Impact
<br />2020 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2021 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2022 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2023 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2024 1,926,734 560,447
<br />2,487,181
<br />- 0.00%
<br />2025 1,458,695 1,028,486
<br />2,487,181
<br />- 0.00%1,588,932 3,041,371 122,270 2025 BOND REDUCED 4%
<br />2026 1,677,089 810,092
<br />2,487,181
<br />- 0.00%
<br />2027 2,023,186 463,994
<br />2,487,181
<br />- 0.00%
<br />2028 1,896,546 590,634
<br />2,487,181
<br />- 0.00%3,331,382 3,535,000 960,000 2028 BOND REDUCED 27%
<br />2029 1,862,047 625,133 2,487,181
<br />- 0.00%
<br />2030 1,788,505 698,675
<br />2,487,181
<br />- 0.00%3,695,191 3,603,000 800,000 2030 BOND REDUCED 22%
<br />2031 1,723,594 763,586
<br />2,487,181
<br />- 0.00%
<br />2032 1,660,995
<br />826,186
<br />2,487,181
<br />- 0.00%4,484,963 3,620,000 750,000 2032 BOND REDUCED 21%
<br />2033 1,601,686 885,494
<br />2,487,181
<br />- 0.00%
<br />2034 1,496,576 990,605
<br />2,487,181
<br />- 0.00%5,611,062 3,109,000 1,400,000 2034 BOND REDUCED 45%
<br />2035 1,300,824 1,186,356
<br />2,487,181
<br />- 0.00%
<br />2036 1,420,751 1,066,430
<br />2,487,181
<br />- 0.00%6,463,848 3,844,000 1,410,000 2036 BOND REDUCED 37%
<br />2037 1,031,874 1,455,307
<br />2,487,181
<br />- 0.00%6,509,155 Infrastructure fund balance availabe
<br />2038 955,633 1,531,547
<br />2,487,181
<br />- 0.00%8,040,702
<br />2039 1,169,970 1,317,211
<br />2,487,181
<br />- 0.00%9,357,913
<br />2040 1,239,382 1,247,799
<br />2,487,181
<br />- 0.00%10,605,712
<br />2041 1,234,464 1,252,717
<br />2,487,181
<br />- 0.00%11,858,429
<br />2042 1,397,030 1,090,151
<br />2,487,181
<br />- 0.00%12,948,580
<br />Transition of Debt Levy to Infrastruture Levy
<br />Use of Infrastructure Levy
<br />Levy Year Debt levy
<br />Infrastructure Levy -Road Construction Total
<br /> Combined $ change in Levy
<br /> Combined % change in Levy
<br />Amount Levied less prior bond Eliminations
<br />Scheduled bond amount
<br />Bond Amount Eliminated Bond Year Bond Impact
<br />2020 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2021 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2022 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2023 2,487,181
<br />- 2,487,181
<br />- 0%
<br />2024 1,926,734 560,447
<br />2,487,181
<br />- 0.00%
<br />2025 1,458,695 1,028,486
<br />2,487,181
<br />- 0.00%1,588,932 3,041,371 122,270 2025 BOND REDUCED 4%
<br />2026 1,677,089 810,092
<br />2,487,181
<br />- 0.00%
<br />2027 2,023,186 463,994
<br />2,487,181
<br />- 0.00%
<br />2028 1,896,546 590,634
<br />2,487,181
<br />- 0.00%3,331,382 3,535,000 960,000 2028 BOND REDUCED 27%
<br />2029 1,862,047 625,133 2,487,181
<br />- 0.00%
<br />2030 1,788,505 698,675
<br />2,487,181
<br />- 0.00%3,695,191 3,603,000 800,000 2030 BOND REDUCED 22%
<br />2031 1,723,594 763,586
<br />2,487,181
<br />- 0.00%
<br />2032 1,660,995
<br />826,186
<br />2,487,181
<br />- 0.00%4,484,963 3,620,000 750,000 2032 BOND REDUCED 21%
<br />2033 1,601,686 885,494
<br />2,487,181
<br />- 0.00%
<br />2034 1,496,576 990,605
<br />2,487,181
<br />- 0.00%5,611,062 3,109,000 1,400,000 2034 BOND REDUCED 45%
<br />2035 1,300,824 1,186,356
<br />2,487,181
<br />- 0.00%
<br />2036 1,420,751 1,066,430
<br />2,487,181
<br />- 0.00%6,463,848 3,844,000 1,410,000 2036 BOND REDUCED 37%
<br />2037 1,031,874 1,455,307
<br />2,487,181
<br />- 0.00%6,509,155 Infrastructure fund balance availabe
<br />2038 955,633 1,531,547
<br />2,487,181
<br />- 0.00%8,040,702
<br />2039 1,169,970 1,317,211
<br />2,487,181
<br />- 0.00%9,357,913
<br />2040 1,239,382 1,247,799
<br />2,487,181
<br />- 0.00%10,605,712
<br />2041 1,234,464 1,252,717
<br />2,487,181
<br />- 0.00%11,858,429
<br />2042 1,397,030 1,090,151
<br />2,487,181
<br />- 0.00%12,948,580
<br />Transition of Debt Levy to Infrastruture Levy
<br />Use of Infrastructure Levy
<br />7
<br />8
<br />12
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