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HomeMy WebLinkAboutCC WORKSESSION 06292016 Work Session Agenda Wednesday, June 29, 2016 5:30 p.m. (food available at 5:15 pm) 1. 2017 Preliminary Levy. Mark Casey, City Manager and Shelly Rueckert, Finance Director presenting 2. Debt Levy. Mark Casey, City Manager and Shelly Rueckert, Finance Director presenting 3. Adjournment Next Work Sessions: Monday, August 1, 2016 at 5:30 p.m. City of St. Anthony CITY COUNCIL WORK SESSION City Council Chambers Minutes May 2, 2016 Present: Mayor & Council. Jerry Faust, Mayor; Hal Gray, Councilmember; Randy Stille, Councilmember; Jan Jenson, Councilmember; and Bonnie Brever, Councilmember. Absent: None Staff: Mark Casey, City Manager Consultants: Breanne Rothstein, Planner and Amir Nadav, Solar Consultant Call to Order: Meeting called to order by Mayor Faust at 5:30 p.m. Comprehensive Plan Update: Rothstein reviewed trends, land use themes, housing themes along with discussion questions from steering committee meetings and community visioning. An update on the progress of the Public Participation Plan was also provided. Community Solar Garden Subscription: Nadav presented a memo detailing an opportunity for the City to subscribe to a community solar garden. By consensus of the Mayor and Council staff was directed to provide the spreadsheet showing the calculations to those councilmembers who wish to review and to bring the subscription agreement with approximately 500 kilowatts subscription to a future City Council meeting. Adjourn: The meeting adjourned at 7:31 p.m. Minutes respectfully submitted by Mark Casey, City Manager. City of St. Anthony CITY COUNCIL WORK SESSION City Council Chambers Minutes May 17, 2016 Present: Mayor & Council. Jerry Faust, Mayor; Hal Gray, Councilmember; Randy Stille, Councilmember; Jan Jenson, Councilmember; and Bonnie Brever, Councilmember. Absent: None Staff: Mark Casey, City Manager, Jay Hartman, Public Works Director, Mike Larson, Liquor Operations Manager, John Ohl, Police Chief, Jon Mangseth, Police Sergeant, Shelly Rueckert, Finance Director and Mark Sitarz, Fire Chief Consultants: Breanne Rothstein, Planner and Todd Hubmer, Engineer Guests: Scott Bentz, Parks Commission Chair, Jim Gondorchin, Planning Commission Chair Call to Order: Meeting called to order by Mayor Faust at 4:00 p.m. Tour of the City: All attendees toured the City. Items of interest included: discussion of native plantings, traffic counters on Silver Lake Road, painting of Silver Lake bridge, green roof on water storage tank (seeking funds from MWMO), potential park at the Pahl Ave stormwater retention pond, affordable housing at the former bowling alley site, redesign of Kenzie Terrace, and removal of trees near the Cloud monument on the north end of Salo Pond. Adjourn: The meeting adjourned at 6:33 p.m. Minutes respectfully submitted by Mark Casey, City Manager. 1. 2 0 1 7 P r e l i m i n a r y Le v y CI T Y O F S T . A N T H O N Y V I L L A G E 20 1 7 B U D G E T OV E R A L L L E V Y 20 1 5 $ C h a n g e 20 1 6 % C h a n g e Ge n e r a l F u n d 3, 3 2 1 , 2 1 0 $ 64 , 1 6 0 $ 3, 3 8 5 , 3 7 0 $ 1. 9 3 % HR A 13 2 , 7 8 2 7, 3 8 8 14 0 , 1 7 0 5. 5 6 % CI P 50 , 0 0 0 30 , 9 9 0 80 , 9 9 0 61 . 9 8 % Ro a d I m p r o v e m e n t D e b t 1, 7 9 1 , 7 2 5 37 , 1 2 3 1, 8 2 8 , 8 4 8 2. 0 7 % Le a s e R e v e n u e B o n d s 38 2 , 8 7 2 4, 4 5 0 38 7 , 3 2 2 1. 1 6 % Ta x A b a t e m e n t 15 3 , 1 4 8 1, 9 6 4 15 5 , 1 1 2 1. 2 8 % - 73 , 0 0 0 73 , 0 0 0 NA To t a l 5, 8 3 1 , 7 3 7 $ 21 9 , 0 7 5 $ 6, 0 5 0 , 8 1 2 $ 3. 7 6 % 20 1 7 B A S E L E V Y W I T H A D D I T I O N A L L G A 20 1 7 B A S E L E V Y W I T H O U T A D D I T I O N A L L G A 20 1 7 20 1 6 $ C h a n g e 20 1 6 % C h a n g e 20 1 6 $ C h a n g e 2016 % Change Ge n e r a l F u n d 3, 3 8 5 , 3 7 0 $ 14 3 , 3 3 6 3, 5 2 8 , 7 0 6 4. 2 3 % Ge n e r a l F u n d 3, 3 8 5 , 3 7 0 $ 21 4 , 1 2 3 3,599,493 6.32% HR A 14 0 , 1 7 0 8, 4 1 0 14 8 , 5 8 0 6. 0 0 % HR A 14 0 , 1 7 0 8, 4 1 0 148,580 6.00% CI P 80 , 9 9 0 77 , 2 1 0 15 8 , 2 0 0 95 . 3 3 % CI P 80 , 9 9 0 77 , 2 1 0 158,200 95.33% Ro a d I m p r o v e m e n t D e b t 1, 8 2 8 , 8 4 8 (3 6 , 6 4 0 ) 1, 7 9 2 , 2 0 8 -2 . 0 0 % Ro a d I m p r o v e m e n t D e b t 1, 8 2 8 , 8 4 8 (3 6 , 6 4 0 ) 1,792,208 -2.00% Le a s e R e v e n u e B o n d s 38 7 , 3 2 2 (2 6 , 1 1 5 ) 36 1 , 2 0 7 -6 . 7 4 % Le a s e R e v e n u e B o n d s 38 7 , 3 2 2 (2 6 , 1 1 5 ) 361,207 -6.74% Ta x A b a t e m e n t 15 5 , 1 1 2 78 , 7 6 5 23 3 , 8 7 7 50 . 7 8 % Ta x A b a t e m e n t 15 5 , 1 1 2 78 , 7 6 5 233,877 50.78% Bu i l d i n g I m p r o v e m e n t F u n d 73 , 0 0 0 - 73 , 0 0 0 NA Bu i l d i n g I m p r o v e m e n t F u n d 73 , 0 0 0 - 73,000 NA To t a l 6, 0 5 0 , 8 1 2 $ 24 4 , 9 6 6 $ 6, 2 9 5 , 7 7 8 $ 4. 0 5 % To t a l 6, 0 5 0 , 8 1 2 $ 31 5 , 7 5 3 $ 6,366,565 $ 5.22% AB O V E L E V Y W I T H $ 2 5 , 0 0 0 A D D I T I O N A L C A P I T A L S U P P O R T AB O V E L E V Y W I T H $ 2 5 , 0 0 0 A D D I T I O N A L C A P I T A L S U P P O R T 20 1 7 20 1 6 $ C h a n g e 20 1 7 % C h a n g e 20 1 6 $ C h a n g e 2017 % Change Ge n e r a l F u n d 3, 3 8 5 , 3 7 0 $ 14 3 , 3 3 6 3, 5 2 8 , 7 0 6 4. 2 3 % Ge n e r a l F u n d 3, 3 8 5 , 3 7 0 $ 21 4 , 1 2 3 3,599,493 6.32% HR A 14 0 , 1 7 0 8, 4 1 0 14 8 , 5 8 0 6. 0 0 % HR A 14 0 , 1 7 0 8, 4 1 0 148,580 6.00% CI P 80 , 9 9 0 10 2 , 2 1 0 18 3 , 2 0 0 12 6 . 2 0 % CI P 80 , 9 9 0 10 2 , 2 1 0 183,200 126.20% Ro a d I m p r o v e m e n t D e b t 1, 8 2 8 , 8 4 8 (3 6 , 6 4 0 ) 1, 7 9 2 , 2 0 8 -2 . 0 0 % Ro a d I m p r o v e m e n t D e b t 1, 8 2 8 , 8 4 8 (3 6 , 6 4 0 ) 1,792,208 -2.00% Le a s e R e v e n u e B o n d s 38 7 , 3 2 2 (2 6 , 1 1 5 ) 36 1 , 2 0 7 -6 . 7 4 % Le a s e R e v e n u e B o n d s 38 7 , 3 2 2 (2 6 , 1 1 5 ) 361,207 -6.74% Ta x A b a t e m e n t 15 5 , 1 1 2 78 , 7 6 5 23 3 , 8 7 7 50 . 7 8 % Ta x A b a t e m e n t 15 5 , 1 1 2 78 , 7 6 5 233,877 50.78% Bu i l d i n g I m p r o v e m e n t F u n d 73 , 0 0 0 - 73 , 0 0 0 0. 0 0 % Bu i l d i n g I m p r o v e m e n t F u n d 73 , 0 0 0 - 73,000 0.00% To t a l 6, 0 5 0 , 8 1 2 $ 26 9 , 9 6 6 $ 6, 3 2 0 , 7 7 8 $ 4. 4 6 % To t a l 6, 0 5 0 , 8 1 2 $ 34 0 , 7 5 3 $ 6,391,565 $ 5.63% IN C R E M E N T A L A D D I T I O N S T O C I P L E V Y IN C R E M E N T A L A D D I T I O N S T O C I P L E V Y LE V E L CI P L E V Y % L E V Y I N C R E A S E LE V E L CI P L E V Y % LEVY INCREASE $2 5 , 0 0 0 20 8 , 2 0 0 4. 8 7 % $2 5 , 0 0 0 20 8 , 2 0 0 6.04% $5 0 , 0 0 0 23 3 , 2 0 0 5. 2 9 % $5 0 , 0 0 0 23 3 , 2 0 0 6.46% $7 5 , 0 0 0 25 8 , 2 0 0 5. 7 0 % $7 5 , 0 0 0 25 8 , 2 0 0 6.87% $1 0 0 , 0 0 0 28 3 , 2 0 0 6. 1 1 % $1 0 0 , 0 0 0 28 3 , 2 0 0 7.28% $1 2 5 , 0 0 0 30 8 , 2 0 0 6. 5 3 % $1 2 5 , 0 0 0 30 8 , 2 0 0 7.70% $1 5 0 , 0 0 0 33 3 , 2 0 0 6. 9 4 % $1 5 0 , 0 0 0 33 3 , 2 0 0 8.11% 20 1 6 L E V Y LE V I E S W I T H / W I T H O U T - A D D I T I O N A L L G A & C A P I T A L S U P P O R T CI T Y O F S T . A N T H O N Y V I L L A G E 20 1 7 P R E L M I N A R Y B U D G E T GE N E R A L F U N D C O M P O N E N T S AC T U A L A C T U A L E S T . A C T U A L B U D G E T E S T . A C T U A L B U D G E T C H A N G E 20 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 6 2 0 1 7 2 0 1 6 - 2 0 1 7 RE V E N U E S TA X E S 3 , 3 8 1 , 3 3 3 $ 3 , 5 5 1 , 0 8 9 $ 3 , 4 3 7 , 6 0 5 $ 3 , 5 4 2 , 6 1 6 $ 3 , 5 2 3 , 6 1 6 $ 3 , 6 3 7 , 5 3 2 $ 9 4 , 9 1 6 $ A d d i t i o n a l 1 4 3 , 3 3 6 p r o p e r t y t a x l e v y , l e s s a p p r o x i m a t e l y 4 6 , 0 0 0 r e d u c t i o n i n n o n - l e v i e d t a x e s . LI C E N S E S 7 0 , 4 1 2 6 9 , 7 4 3 7 8 , 0 3 8 7 7 , 0 0 1 7 7 , 9 8 5 7 7 , 0 0 1 - A c t i v i t y w i t h n o c h a n g e s i n L i c e n s e c o u n t s , 2 0 1 7 f e e i n c r e a s e s n o t i n c l u d e d PE R M I T S 2 7 2 , 1 7 8 2 8 1 , 3 5 8 2 1 8 , 4 1 5 1 4 3 , 0 5 0 1 4 9 , 9 2 3 1 4 7 , 0 0 6 3 , 9 5 6 B a s e l i n e a c t i v i t y w i t h a 3 % i n c r e a s e i n c o n s t r u c t i o n v a l u e s IN T E R G O V E R N M E N T A L R E V E N U E 5 1 9 , 6 2 1 8 8 0 , 8 4 7 9 0 6 , 7 6 4 9 2 6 , 3 7 8 9 2 8 , 2 6 9 9 9 5 , 9 0 7 6 9 , 5 2 9 I n c l u d e s a d d i t i o n a l L G A o f 7 0 , 7 8 7 a n d o t h e r n e t c h a n g e s CH A R G E S F O R S E R V I C E S 1 , 3 9 0 , 9 0 6 1 , 4 1 3 , 9 8 6 1 , 5 0 1 , 0 7 3 1 , 5 8 1 , 3 0 9 1 , 5 2 7 , 4 1 9 1 , 6 1 4 , 4 2 6 3 3 , 1 1 7 P o l i c e c o n t r a c t s u p 6 4 K , G a s o l i n e s a l e s d o w n 4 5 K d u e t o d e c l i n e i n p r i c e s FI N E S 1 2 3 , 1 1 3 1 2 2 , 9 8 0 1 2 9 , 1 6 7 1 1 6 , 0 0 0 1 1 8 , 2 5 0 1 2 3 , 2 5 0 7 , 2 5 0 R e c o g n i z e s C o u r t f i n e s t r e n d i n g b a c k u p 2 0 1 6 OT H E R R E V E N U E S 2 3 3 , 4 0 8 3 0 6 , 6 4 3 2 9 0 , 0 1 1 2 3 5 , 6 3 5 2 3 9 , 6 4 1 2 3 8 , 3 8 2 2 , 7 4 7 O t h e r r e v e n u e i t e m s a r e e x p e c t e d t o b e c o m p a r a b l e t o 2 0 1 6 TR A N S F E R S I N 3 8 0 , 8 0 0 2 6 4 , 2 4 4 1 9 5 , 0 6 0 3 1 3 , 5 6 0 3 1 3 , 5 6 0 2 9 9 , 0 6 0 ( 1 4 , 5 0 0 ) U s e o f o t h e r t r a n s f e r s a n d f u n d b a l a n c e t o r e b a s e l i q u o r p r o f i t s c o m p l e t e d i n 2 0 1 6 TO T A L 6 , 3 7 1 , 7 7 1 $ 6 , 8 9 0 , 8 9 0 $ 6 , 7 5 6 , 1 3 3 $ 6 , 9 3 5 , 5 5 0 $ 6 , 8 7 8 , 6 6 3 $ 7 , 1 3 2 , 5 6 3 $ 1 9 7 , 0 1 4 $ EX P E N S E S PA Y R O L L & E X P E N S E S 3 , 9 2 5 , 7 6 7 $ 4 , 0 4 9 , 5 1 2 $ 4 , 1 8 0 , 2 5 2 $ 4 , 3 9 6 , 6 9 3 $ 4 , 4 5 3 , 2 1 3 $ 4 , 4 7 1 , 3 6 5 $ 7 4 , 6 7 2 $ W a g e s e s t . @ U n i o n s e t t l e m e n t s , 2 0 1 6 t u r n o v e r i n P D , c o s t o f C i t y H a l l g r o u n d s m a i n t e n c e t o C C . HE A L T H I N S U R A N C E 4 9 6 , 7 5 1 5 1 6 , 2 5 0 5 2 6 , 2 1 1 5 6 4 , 0 5 1 5 8 8 , 0 7 4 6 2 7 , 9 2 2 6 3 , 8 7 1 S h a r i n g o f p r e m i u m 3 . 5 % i s a s s u m e d a l o n g w i t h g r e a t e r f a m i l y p l a n e l e c t i o n s . OT H E R I N S U R A N C E 1 5 8 , 1 2 6 1 9 4 , 8 7 9 2 4 3 , 3 3 2 2 4 3 , 4 1 3 2 4 5 , 4 8 6 2 5 5 , 4 3 0 1 2 , 0 1 7 I n c r e a s e i n w o r k e r s c o m p . r a t e s a n d e x p e r i e n c e m o d i f i e r o f f s e t b y r e d u c t i o n i n l i a b i l i t y p r e m i u m s CO N T R A C T E D I T S E R V I C E S 6 2 , 5 6 2 6 6 , 3 2 6 7 0 , 9 0 4 7 8 , 2 6 1 7 9 , 2 3 1 1 0 3 , 6 6 9 2 5 , 4 0 8 B a s e d o n k n o w n 2 0 1 7 r a t e s o r a n t i c i p a t e d r a t e s CO M M U N I C A T I O N S 7 2 , 2 9 4 7 2 , 9 6 5 7 2 , 2 2 3 7 0 , 5 3 9 7 0 , 6 4 8 7 3 , 9 1 9 3 , 3 8 0 B a s e d o n k n o w n 2 0 1 7 r a t e s o r a n t i c i p a t e d r a t e s MI S C . C O N T R A C T E D S E R V I C E S 4 0 , 6 1 9 2 5 , 8 4 5 4 7 , 4 9 6 6 6 , 2 8 1 6 5 , 1 4 1 1 3 5 , 1 7 3 6 8 , 8 9 2 B a s e d o n k n o w n 2 0 1 7 r a t e s o r a n t i c i p a t e d r a t e s , a d d e d S a l o p a r k m a i n t e n a n c e c o n t r a c t SE V E R A N C E S - 8 6 , 3 0 0 8 6 , 3 0 0 8 6 , 3 0 0 8 6 , 3 0 0 8 6 , 3 0 0 - M a i n t a i n e d a t l e v e l t o r e d u c e d u n f u n d e d l i a b i l i t y a n d m e e t c u r r e n t n e e d s FU E L S 9 6 , 9 2 2 1 2 0 , 4 8 3 8 8 , 2 8 6 1 1 8 , 3 0 7 9 1 , 9 5 8 7 8 , 0 3 3 ( 4 0 , 2 7 4 ) 2 0 1 7 e s t i m a t e d c o n t r a c t r a t e l o w e r t h a n 2 0 1 6 b u d g e t e d r a t e b u t u p f r o m 2 0 1 6 a c t u a l UT I L I T I E S 1 2 5 , 7 0 9 1 2 3 , 7 3 2 1 0 5 , 2 0 7 1 3 2 , 4 6 3 1 1 1 , 9 3 6 1 2 7 , 0 1 7 ( 5 , 4 4 6 ) X c e l r a t e r e q u e s t s n o t f u l l y g r a n t e d , p l u s L E D s a v i n g s PR O F E S S I O N A L S E R V I C E S 2 8 5 , 8 7 6 3 6 7 , 7 6 8 3 1 9 , 0 6 3 3 2 0 , 7 8 3 3 2 2 , 2 6 2 3 3 3 , 8 8 4 1 3 , 1 0 1 B a s e d o n k n o w n 2 0 1 7 r a t e s o r a n t i c i p a t e d r a t e s PA S S T H R O U G H P A Y M E N T S 3 0 7 , 9 1 9 2 8 4 , 2 1 3 2 9 1 , 7 3 9 3 2 3 , 6 0 2 2 6 5 , 5 1 8 2 7 9 , 4 8 8 ( 4 4 , 1 1 4 ) I t e m s s u c h a s f u e l p u r c h a s e s , C i t y H a l l r e n t , r e c r e a t i o n s u p p o r t p m t . t o I S D 2 8 2 , e t c . BU I L D I N G P E R M I T C O S T S H A R E 1 4 3 , 2 8 7 1 5 0 , 5 4 4 1 1 1 , 2 6 1 7 1 , 4 3 5 7 1 , 4 3 5 7 3 , 5 7 8 2 , 1 4 3 B a s e d o n c o n t r a c t e d s h a r e o f B u d g e t c o n s t r u c t i o n r e v e n u e s RO A D M A I N T E N A N C E 1 1 3 , 7 4 3 1 0 4 , 6 8 0 1 0 5 , 9 5 5 1 1 3 , 6 5 0 1 0 8 , 9 7 4 1 1 5 , 9 2 3 2 , 2 7 3 I n f l a t i o n a r y i n c r e a s e s ME M B E R S H I P D U E S , T R A I N I N G , C O N F . 70 , 8 0 4 8 5 , 8 7 4 8 9 , 8 1 0 8 6 , 1 9 8 8 3 , 8 7 0 9 2 , 4 8 2 6 , 2 8 4 P r e s e n t m e m b e r s h i p s , r e q u i r e d t r a i n i n g & c o n t i n u e d p r o f e s s i o n a l d e v e l o p m e n t - a l l d e p t s . SU P P L I E S , R E P A I R , M A I N T E N A N C E 18 2 , 7 0 3 1 8 2 , 7 0 7 1 6 7 , 2 4 0 1 9 6 , 1 4 4 1 9 7 , 8 0 5 2 0 3 , 6 9 7 7 , 5 5 3 I n c r e a s e s t o m e e t c u r r e n t t r e n d s a n d i n f l a t i o n PR I N T I N G & N O T I C E S 1 0 , 2 7 7 1 6 , 2 0 1 9 , 1 6 7 1 0 , 7 4 1 9 , 6 1 0 1 0 , 2 0 0 ( 5 4 1 ) D e m a n d f o r p r i n t e d f o r m s c o n t i n u e s t o d e c l i n e MI S C E L L A N E O U S 1 0 5 , 2 1 1 1 1 8 , 5 9 5 2 6 6 , 6 4 1 4 6 , 8 4 4 5 4 , 3 4 2 4 9 , 4 8 3 2 , 6 3 9 C o s t s p r o j e c t e d a t c u r r e n t r u n r a t e s TO T A L 6 , 1 9 8 , 5 6 9 $ 6 , 5 6 6 , 8 7 4 $ 6 , 7 8 1 , 0 8 8 $ 6 , 9 2 5 , 7 0 5 $ 6 , 9 0 5 , 8 0 2 $ 7 , 1 1 7 , 5 6 4 $ 1 9 1 , 8 5 9 $ SU R P L U S ( D E F I C I T ) 17 3 , 2 0 2 $ 32 4 , 0 1 6 $ (2 4 , 9 5 5 ) $ 9, 8 4 5 $ (2 7 , 1 3 9 ) $ 15 , 0 0 0 $ 5, 1 5 5 $ Fi s c a l Y e a r 2 0 1 7 SO U R C E S 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 Annual Average Ca p i t a l I m p r o v e m e n t L e v y 15 8 , 2 0 0 $ 15 8 , 2 0 0 $ 15 8 , 2 0 0 $ 15 8 , 2 0 0 $ 15 8 , 2 0 0 $ 15 8 , 2 0 0 $ 158,200 $ 158,200 $ Li q u o r O p e r a t i n g T r a n s f e r s - - - - - - MS A / R e v o l v i n g F u n d s 90 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90,000 90,000 Wa t e r F i l t r a t i o n T r a n s f e r 50 , 0 0 0 50 , 0 0 0 50 , 0 0 0 50 , 0 0 0 50 , 0 0 0 50 , 0 0 0 50,000 50,000 Ut i l i t y F u n d T r a n s f e r 35 , 0 0 0 45 , 0 0 0 50 , 0 0 0 50 , 0 0 0 50 , 0 0 0 50 , 0 0 0 50,000 47,143 T r a d e / S a l e o f E q u i p m e n t 3, 5 0 0 3, 5 0 0 3, 5 0 0 3, 5 0 0 3, 5 0 0 3, 5 0 0 3,500 3,500 Mi s c e l l a n e o u s - - - - - - TO T A L 3 3 6 , 7 0 0 $ 3 4 6 , 7 0 0 $ 3 5 1 , 7 0 0 $ 3 5 1 , 7 0 0 $ 3 5 1 , 7 0 0 $ 3 5 1 , 7 0 0 $ 3 5 1 , 7 0 0 $ 3 4 8 , 8 4 3 $ DA I L Y O P E R A T I O N S - M I N I M A L E Q U I P M E N T N E E D S Po l i c e 20 5 , 9 9 6 $ 20 0 , 6 8 8 $ 18 6 , 5 6 4 $ 18 7 , 2 9 0 $ 25 5 , 4 9 6 $ 19 1 , 2 7 4 $ 180,343 $ 201,093 $ Fi r e 37 , 8 6 1 75 , 0 2 5 11 , 1 7 7 16 5 , 5 7 8 68 , 4 5 3 77 , 3 7 5 120,481 79,421 Ad m i n i s t r a t i o n / F i n a n c e 33 , 6 0 9 19 , 9 4 4 14 , 5 5 7 24 , 8 4 0 19 , 1 7 8 31 , 1 5 7 10,821 22,015 PW U t i l i t i e s 5, 6 8 4 11 0 , 5 1 6 17 0 , 5 9 6 2, 8 4 3 41 , 1 5 4 50 , 0 6 8 5,731 55,227 St r e e t s 87 , 1 9 6 76 , 9 8 1 11 3 , 3 3 2 35 , 3 8 8 62 , 7 7 0 48 , 9 3 3 83,916 72,645 Pa r k s 10 1 , 1 7 4 20 , 8 1 0 13 , 5 2 5 68 , 8 5 8 12 2 , 4 3 3 26 , 2 6 5 21,380 53,492 TO T A L 47 1 , 5 2 0 $ 50 3 , 9 6 5 $ 50 9 , 7 5 1 $ 48 4 , 7 9 7 $ 56 9 , 4 8 3 $ 42 5 , 0 7 2 $ 422,671 $ 483,894 $ AN N U A L S H O R T F A L L (1 3 4 , 8 2 0 ) $ (1 5 7 , 2 6 5 ) $ (1 5 8 , 0 5 1 ) $ (1 3 3 , 0 9 7 ) $ (2 1 7 , 7 8 3 ) $ (7 3 , 3 7 2 ) $ (70,971) $ (135,051) $ EQ U A T E S T O A V E R A G E C I P L E V Y O F : 293,251 $ SP E C F I C O P E R A T I O N S - E Q U I P M E N T N E E D S * Po l i c e - $ - $ - $ - $ - $ - $ - $ -$ Fi r e ( 1 ) - 40 0 , 0 0 0 - - - - - 57,143 Ad m i n i s t r a t i o n / F i n a n c e - - - - - - - - PW U t i l i t i e s ( 2 ) 23 8 , 7 7 2 10 8 , 2 4 3 16 5 , 6 1 2 - - - - 73,232 St r e e t s ( 3 ) 19 5 , 0 7 5 31 3 , 0 9 8 - - 21 9 , 6 2 2 - 173,971 128,824 Pa r k s ( 4 ) 37 , 1 4 2 - - - - - - 5,306 AD D I T I O N A L S H O R T F A L L (4 7 0 , 9 8 9 ) $ (8 2 1 , 3 4 2 ) $ (1 6 5 , 6 1 2 ) $ - $ (2 1 9 , 6 2 2 ) $ - $ (173,971) $ (264,505) $ EQ U A T E S T O A V E R A G E C I P L E V Y O F : 557,757 $ * C U R R E N T L Y D E F E R R I N G A S A L L O W E D , F U T U R E F U N D I N G S O U RC E W I L L C O M E F R O M P O S T 2 0 2 3 D E B T L E V Y N E E D S (1 ) Fi r e t r u c k (2 ) Va c t o r , G e n e r a t o r , W a t e r T a n k e r (3 ) Du m p t r u c k s ( 2 ) , S w e e p e r , F r o n t - e n d l o a d e r , A e r i a l t ru c k (4 ) 45 0 0 T r a c t o r CA P I T A L I M P R O V E M E N T P L A N 2 0 1 7 - 2 0 2 3 Z: \ B u d g e t 2 0 1 7 \ 2 0 1 7 - 2 0 2 3 C I P B U D G E T . x l s x 2. D e b t Le v y Ci t y o f S t . A n t h o n y De b t L e v y - R o a d s , T a x A b a t e m e n t , P u b l i c F a c i l i t i e s 80 2 , 3 8 2 8 9 7 , 4 3 5 9 0 2 , 6 8 5 9 1 8 , 0 1 5 9 1 6 , 9 6 5 9 2 0 , 8 5 0 9 2 9 , 5 6 5 9 3 7 , 7 5 5 9 5 0 , 6 7 0 7 2 9 , 0 3 9 5 6 5 , 6 4 7 1 4 2 , 8 6 5 1 3 8 , 5 8 1 1 3 9 , 5 4 7 20 1 7 L e v y Y e a r Ex i s t i n g Fu n d 20 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 2 0 3 5 2 0 3 6 2 0 37 2038 2039 2040 $1 , 7 0 0 , 0 0 0 2 0 0 3 A ( R e f u n d i n g 2 0 1 1 A ) 5 0 3 1 1 8 , 0 5 7 1 2 1 , 1 0 3 1 2 3 , 9 9 2 1 2 1 , 4 7 3 1 2 4 , 2 0 4 1 3 2 , 0 2 8 1 3 4 , 2 8 6 $1 , 7 9 0 , 0 0 0 - 2 0 0 4 A ( R e f u n d e d i n 2 0 1 1 B ) 5 0 3 1 2 8 , 8 0 0 $1 , 6 9 5 , 0 0 0 - 2 0 0 5 A ( R e f u n d e d i n 2 0 1 1 B ) 5 0 3 1 2 1 , 5 0 0 $2 , 4 8 5 , 0 0 0 - 2 0 0 6 A ( R e f u n d e d i n 2 0 1 2 A ) 5 0 3 1 8 6 , 6 6 8 $2 , 0 5 0 , 0 0 0 - 2 0 0 7 A ( R e f u n d e d i n 2 0 1 2 A ) 5 0 3 1 3 7 , 7 3 7 $1 , 3 0 5 , 0 0 0 - 2 0 0 8 A ( 2 0 1 4 C ) 3 6 5 1 7 5 , 6 5 2 1 7 7 , 3 1 9 1 7 8 , 5 2 6 1 6 9 , 6 0 2 1 7 0 , 0 2 1 1 7 2 , 4 3 6 1 6 9 , 4 9 6 1 7 1 , 8 0 6 1 6 8 , 7 6 1 1 7 0 , 9 6 6 1 7 2 , 6 7 3 1 7 3 , 0 4 0 $2 , 6 3 0 , 0 0 0 - 2 0 0 9 A 5 1 2 1 8 4 , 7 6 8 1 8 5 , 4 5 0 1 8 5 , 9 7 5 1 8 6 , 3 4 3 1 8 6 , 5 5 3 1 8 6 , 6 0 5 1 8 6 , 5 0 0 1 9 1 , 1 2 0 1 8 9 , 7 6 6 1 9 3 , 0 8 4 1 9 5 , 7 0 9 1 9 7 , 6 6 4 1 9 3 , 6 7 4 $1 , 6 4 5 , 0 0 0 - 2 0 0 9 B ( 2 0 0 1 B & 2 0 0 2 A ) 5 0 3 1 9 6 , 9 9 5 1 9 2 , 4 0 1 1 8 7 , 8 0 8 1 9 3 , 7 1 4 1 8 3 , 6 0 8 1 0 6 , 1 5 0 $1 , 3 7 5 , 0 0 0 - 2 0 1 0 A 5 1 4 1 0 8 , 5 8 7 1 1 2 , 0 6 5 1 1 0 , 1 7 5 1 0 8 , 2 8 5 1 1 1 , 6 4 5 1 0 9 , 4 1 3 1 1 2 , 2 0 9 1 1 4 , 6 2 4 1 1 1 , 5 3 2 1 1 3 , 6 6 5 1 1 5 , 4 5 0 1 1 1 , 7 2 9 1 1 3 , 2 5 8 1 1 4 , 3 5 0 $1 , 9 4 0 , 0 0 0 - 2 0 1 1 A 5 1 6 1 4 1 , 9 9 1 1 3 8 , 6 8 4 1 4 0 , 6 2 6 1 4 2 , 4 1 1 1 3 8 , 7 8 9 1 4 0 , 4 1 6 1 4 1 , 8 8 6 1 4 2 , 8 7 1 1 3 8 , 4 3 4 1 3 9 , 2 4 8 1 3 9 , 5 3 7 1 3 9 , 6 4 2 1 3 9 , 1 8 3 1 3 8 , 5 2 6 1 3 7 , 2 6 6 $2 , 2 1 0 , 0 0 0 - 2 0 1 1 B ( 2 0 0 4 A a n d 2 0 0 5 A ) 5 0 3 - 2 2 6 , 9 7 7 2 2 6 , 8 9 9 2 2 1 , 0 2 5 2 2 5 , 1 5 7 2 2 3 , 4 4 1 2 2 6 , 4 3 0 2 2 3 , 5 2 8 1 0 9 , 5 8 9 $9 , 4 9 5 , 0 0 0 - 2 0 1 2 A ( 2 0 0 6 A & 2 0 0 7 A ) 5 0 3 / 5 1 8 - 4 2 3 , 1 8 5 5 1 8 , 9 7 3 5 1 9 , 8 1 3 5 3 0 , 6 9 3 5 2 0 , 7 5 8 5 2 0 , 9 6 8 5 2 6 , 2 1 8 5 3 1 , 1 5 3 5 3 5 , 7 7 3 3 0 6 , 3 5 6 1 4 1 , 3 5 8 1 4 2 , 8 6 5 1 3 8 , 5 8 1 1 3 9 , 5 4 7 1 4 0 , 0 3 3 $1 , 7 7 5 , 0 0 0 - 2 0 1 3 A 5 2 0 - - 1 1 8 , 6 8 5 1 1 8 , 9 3 0 1 1 9 , 1 7 6 1 1 9 , 1 2 0 1 1 9 , 0 6 3 1 1 8 , 5 2 3 1 1 7 , 9 8 4 1 1 7 , 0 8 2 1 1 5 , 9 3 9 1 1 9 , 8 6 4 1 1 8 , 1 3 3 1 1 6 , 4 0 2 1 1 9 , 1 3 3 1 1 6 , 4 7 6 1 1 9 , 0 7 0 - $2 , 2 3 0 , 0 0 0 - 2 0 1 4 A 5 2 2 - - - 1 5 7 , 6 2 9 1 5 5 , 8 4 8 1 5 9 , 3 1 8 1 5 7 , 4 3 3 1 5 5 , 5 4 8 1 5 3 , 6 6 3 1 5 7 , 0 2 8 1 5 4 , 8 9 6 1 5 1 , 4 8 8 1 5 3 , 3 3 0 1 5 5 , 0 1 5 1 5 1 , 2 9 2 1 5 2 , 8 2 0 1 5 4 , 1 9 0 1 5 4 , 9 1 4 $2 , 5 8 0 , 0 0 0 - 2 0 1 5 A 5 2 4 - - - - 1 8 5 , 0 7 5 1 8 2 , 8 4 7 1 8 5 , 8 6 9 1 8 3 , 5 3 7 1 8 6 , 4 5 4 1 8 4 , 0 1 6 1 8 6 , 8 2 9 1 8 4 , 2 8 6 1 8 6 , 9 9 3 1 8 3 , 8 8 6 1 8 6 , 0 2 9 1 8 2 , 3 3 1 1 8 3 , 8 8 4 1 8 4 , 8 1 9 1 8 5 , 1 1 1 T o t a l L e v y 1 , 5 0 0 , 7 5 5 1 , 5 7 7 , 1 8 4 1 , 7 9 1 , 6 5 9 1 , 9 3 9 , 2 2 5 2 , 1 3 0 , 7 6 8 2 , 0 5 2 , 5 3 3 1 , 9 5 4 , 1 4 1 1 , 8 2 7 , 7 7 4 1 , 7 0 7 , 3 3 6 1 , 6 1 0 , 8 6 2 1 , 3 8 7 , 3 8 8 1 , 2 1 9 , 0 7 1 1 , 0 4 7 , 4 3 6 8 4 6 , 7 6 0 7 3 3 , 2 6 7 5 9 1 , 6 6 0 4 5 7 , 1 4 4 3 3 9 , 7 3 3 1 8 5 , 1 1 1 - - - - - - - - - - 20 1 6 R o a d I m p r o v e m e n t s $1 , 5 1 0 , 0 0 0 - 2 0 1 6 A 2 0 1 6 a 10 2 , 1 7 3 1 0 6 , 1 3 5 1 0 4 , 7 4 2 1 0 3 , 3 4 9 1 0 1 , 9 5 6 1 0 5 , 8 1 3 1 0 4 , 3 1 5 1 0 2 , 8 1 7 1 0 6 , 5 6 8 1 0 4 , 9 6 5 1 0 3 , 3 6 2 1 0 7 , 0 0 9 1 0 5 , 0 2 5 1 0 3 , 0 4 2 105,757 20 1 6 - 2 0 2 5 R o a d I m p r o v e m e n t s $2 , 9 4 8 , 0 0 0 - 2 0 1 7 A 2 0 1 7 a 20 0 , 4 4 9 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 1 9 9 , 3 4 6 199,346 199,346 $2 , 2 6 5 , 0 0 0 - 2 0 1 8 A 2 0 1 8 a 16 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 163,778 163,778 163,778 $2 , 4 4 2 , 0 0 0 - 2 0 1 9 A 2 0 1 9 a 17 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 176,651 176,651 176,651 176,651 $3 , 0 1 5 , 0 0 0 - 2 0 2 0 A 2 0 2 0 a 23 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 231,681 231,681 231,681 231,681 231,681 $2 , 9 2 3 , 0 0 0 - 2 0 2 1 A 2 0 2 1 a 22 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 225,188 225,188 225,188 225,188 225,188 225,188 $2 , 8 4 7 , 0 0 0 - 2 0 2 2 A 2 0 2 2 a 23 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 231,198 231,198 231,198 231,198 231,198 231,198 231,198 $2 , 9 9 0 , 0 0 0 - 2 0 2 3 A 2 0 2 3 a 23 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 236,271 236,271 236,271 236,271 236,271 236,271 236,271 236,271 $2 , 7 8 5 , 0 0 0 - 2 0 2 4 A 2 0 2 4 a 22 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 228,598 228,598 228,598 228,598 228,598 228,598 228,598 228,598 228,598 $3 , 1 1 2 , 0 0 0 - 2 0 2 5 A 2 0 2 5 a 24 9 , 2 2 2 2 4 9 , 2 2 2 2 4 9 , 2 2 2 2 4 9 , 2 2 2 2 4 9 , 2 2 2 249,222 249,222 249,222 249,222 249,222 249,222 249,222 249,222 249,222 249,222 20 1 6 - 2 0 3 1 M i l l / O v e r l a y s , S i d e w a l k s a n d S t r e e t L i g h t in g $6 8 5 , 0 0 0 - 2 0 2 6 A 2 0 2 6 67 , 3 3 0 6 7 , 3 3 0 6 7 , 3 3 0 6 7 , 3 3 0 67,330 67,330 67,330 67,330 67,330 67,330 67,330 67,330 67,330 67,330 $7 3 3 , 0 0 0 - 2 0 2 7 A 2 0 2 7 66 , 8 9 4 6 6 , 8 9 4 6 6 , 8 9 4 66,894 66,894 66,894 66,894 66,894 66,894 66,894 66,894 66,894 66,894 $5 9 5 , 0 0 0 - 2 0 2 8 A 2 0 2 8 57,447 5 7 , 4 4 7 57,447 57,447 57,447 57,447 57,447 57,447 57,447 57,447 57,447 57,447 $5 2 0 , 0 0 0 - 2 0 2 9 A 2 0 2 9 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 $4 8 9 , 0 0 0 - 2 0 3 0 A 2 0 3 0 45,700 45,700 45,700 45,700 45,700 45,700 45,700 45,700 45,700 45,700 $5 7 6 , 0 0 0 - 2 0 3 1 A 2 0 3 1 49,959 49,959 49,959 49,959 49,959 49,959 49,959 49,959 49,959 Ad d i t i o n a l l e v y - - - - - 1 0 2 , 1 7 3 3 0 6 , 5 8 4 4 6 7 , 8 6 6 6 4 3 , 1 2 4 8 7 3 , 4 1 2 1 , 1 0 2 , 4 5 7 1 , 3 3 2 , 1 5 7 1 , 5 6 6 , 9 3 0 1 , 7 9 9 , 2 7 9 2 , 0 4 6 , 8 9 8 2 , 1 1 2 , 6 2 5 2 , 1 8 3 , 1 6 6 2 , 2 3 8 , 6 2 9 2 , 2 7 9 , 5 7 9 2,327,994 2,272,196 2,072,850 1,909,072 1,732,421 1,500,740 1,275,552 1,044,354 808,083 579,485 Ro a d l e v y b e f o r e d e b t r e d u c t i o n 1, 5 0 0 , 7 5 5 1 , 5 7 7 , 1 8 4 1 , 7 9 1 , 6 5 9 1 , 9 3 9 , 2 2 5 2 , 1 3 0 , 7 6 8 2 , 1 5 4 , 7 0 6 2 , 2 6 0 , 7 2 5 2 , 2 9 5 , 6 4 0 2 , 3 5 0 , 4 6 0 2 , 4 8 4 , 2 7 4 2 , 4 8 9 , 8 4 5 2 , 5 5 1 , 2 2 8 2 , 6 1 4 , 3 6 6 2 , 6 4 6 , 0 3 9 2 , 7 8 0 , 1 6 5 2 , 7 0 4 , 2 8 5 2 , 6 4 0 , 3 1 0 2 , 5 7 8 , 3 6 2 2 , 4 6 4 , 6 9 0 2,327,994 2,272,196 2,072,850 1,909,072 1,732,421 1,500,740 1,275,552 1,044,354 808,083 579,485 St o r m w a t e r D e b t S e r v i c e 28 5 / 2 5 0 (2 5 , 0 0 0 ) ( 1 7 0 , 0 0 0 ) ( 1 5 0 , 0 0 0 ) ( 8 0 , 0 0 0 ) ( 8 5 , 0 0 0 ) ( 9 0 , 0 0 0 ) ( 9 0 , 0 0 0 ) ( 1 1 5 , 0 0 0 ) ( 1 3 5 , 0 0 0 ) - - - - - - - - - - - - - - - - MS A A d v a n c e (7 , 5 0 0 ) ( 2 5 , 0 0 0 ) ( 8 5 , 0 0 0 ) ( 1 5 3 , 0 0 0 ) ( 1 5 2 , 5 0 0 ) ( 1 0 4 , 0 0 0 ) ( 1 5 3 , 0 0 0 ) (5 0 , 0 0 0 ) ( 4 5 , 4 5 0 ) 5 9 , 7 8 0 1 9 , 2 8 1 ( 1 5 , 6 3 1 ) Ex c e s s B o n d B a l a n c e (1 1 5 , 0 0 0 ) ( 1 0 1 , 9 2 1 ) ( 9 2 , 5 0 0 ) ( 1 4 0 , 0 0 0 ) ( 8 5 , 0 0 0 ) ( 1 1 5 , 0 0 0 ) ( 1 4 7 , 5 0 0 ) ( 1 9 2 , 5 0 0 ) ( 1 3 5 , 0 0 0 ) (6 , 6 5 2 ) Co n d u i t F e e (1 5 , 0 7 9 ) Pu b l i c F a c i l i t i e s / A b a t e m e n t E x c e s s (5 , 0 0 0 ) ( 3 5 , 0 0 0 ) ( 4 5 , 0 0 0 ) ( 5 5 , 0 0 0 ) ( 5 5 , 0 0 0 ) ( 6 5 , 0 0 0 ) ( 7 5 , 0 0 0 ) ( 9 5 , 0 0 0 ) In f r a s t r u c t u r e L e v y 50,000 175,000 300,000 500,000 650,000 800,000 200,000 275,000 350,000 425,000 500,000 Ro a d i m p r o v e m e n t l e v y 1, 5 0 0 , 7 5 5 1 , 5 7 7 , 1 8 4 1 , 7 7 6 , 5 8 0 1 , 7 9 1 , 7 2 5 1 , 8 2 8 , 8 4 7 1 , 7 9 2 , 2 0 6 1 , 8 4 2 , 7 2 5 1 , 9 1 8 , 1 4 0 1 , 9 8 6 , 4 6 0 2 , 0 2 8 , 7 7 4 2 , 1 0 7 , 3 4 5 2 , 1 3 6 , 2 2 8 2 , 5 6 2 , 2 6 4 2 , 7 0 5 , 8 1 9 2 , 7 9 9 , 4 4 6 2 , 6 8 8 , 6 5 4 2 , 6 4 0 , 3 1 0 2 , 5 7 8 , 3 6 2 2 , 5 1 4 , 6 9 0 2,502,994 2,572,196 2,572,850 2,559,072 2,532,421 1,700,740 1,550,552 1,394,354 1,233,083 1,079,485 % I n c r e a s e i n R o a d l e v y 5. 0 9 % 1 2 . 6 4 % 0 . 8 5 % 2 . 0 7 % - 2 . 0 0 % 2 . 8 2 % 4 . 0 9 % 3 . 5 6 % 2 . 1 3 % 3 . 8 7 % 1 . 3 7 % 1 9 . 9 4 % 5 . 6 0 % 3 . 4 6 % - 3 . 9 6 % - 1 . 8 0 % - 2 . 3 5 % - 2 . 4 7 % - 0 . 4 7 % 2.76% 0.03% -0.54% -1.04% -32.84% -8.83% -10.07% -11.57% -12.46% $ I n c r e a s e i n R o a d l e v y 76 , 4 2 9 1 9 9 , 3 9 6 1 5 , 1 4 5 3 7 , 1 2 2 ( 3 6 , 6 4 1 ) 5 0 , 5 1 9 7 5 , 4 1 5 6 8 , 3 1 9 4 2 , 3 1 4 7 8 , 5 7 1 2 8 , 8 8 3 4 2 6 , 0 3 6 1 4 3 , 5 5 6 9 3 , 6 2 7 ( 1 1 0 , 7 9 2 ) ( 4 8 , 3 4 5 ) ( 6 1 , 9 4 8 ) ( 6 3 , 6 7 2 ) (11,696) 69,202 654 (13,778) (26,651) (831,681) (150,188) (156,198) (161,271) (153,598) TA X A B A T E M E N T ( I N C L U D E S 2 0 1 6 B ) 1 4 9 , 3 9 5 1 4 6 , 4 8 0 1 5 1 , 0 2 5 1 5 3 , 1 4 8 1 5 5 , 1 1 2 2 2 4 , 8 7 7 2 3 1 , 2 8 8 2 3 1 , 5 9 4 2 3 6 , 6 2 2 2 3 6 , 0 4 9 2 3 5 , 1 1 4 2 3 8 , 9 2 9 2 3 7 , 1 8 2 9 3 , 6 2 7 - - - - - - - - - - - - - - - PU B L I C F A C I L I T I E S 40 9 , 7 7 3 3 7 9 , 1 9 7 3 7 8 , 4 6 2 3 8 2 , 8 7 2 3 8 7 , 3 2 2 3 9 6 , 2 0 7 3 9 9 , 8 8 2 4 0 3 , 3 4 7 4 0 6 , 6 0 2 4 1 4 , 8 9 7 4 2 2 , 6 8 3 4 2 4 , 2 8 9 - - - - - - - - - - - - - - - - - 55 9 , 1 6 8 5 2 5 , 6 7 7 5 2 9 , 4 8 7 5 3 6 , 0 2 0 5 4 2 , 4 3 4 6 2 1 , 0 8 4 6 3 1 , 1 7 0 6 3 4 , 9 4 1 6 4 3 , 2 2 4 6 5 0 , 9 4 6 6 5 7 , 7 9 7 6 6 3 , 2 1 8 2 3 7 , 1 8 2 9 3 , 6 2 7 - - - - - - - - - - - - - - - FL A T L L I N E 2, 8 5 4 , 9 3 2 2 , 8 5 4 , 9 3 2 2 , 8 5 4 , 9 3 2 To t a l l e v i e d d e b t a f t e r r e d u c t i o n 2 , 0 5 9 , 9 2 3 2 , 1 0 2 , 8 6 1 2 , 3 0 6 , 0 6 7 2 , 3 2 7 , 7 4 4 2 , 3 7 1 , 2 8 1 2 , 4 1 3 , 2 9 0 2 , 4 7 3 , 8 9 5 2 , 5 5 3 , 0 8 2 2 , 6 2 9 , 6 8 4 2 , 6 7 9 , 7 2 0 2 , 7 6 5 , 1 4 2 2, 7 9 9 , 4 4 6 2 , 7 9 9 , 4 4 6 2 , 7 9 9 , 4 4 6 2 , 7 9 9 , 4 4 6 2, 6 8 8 , 6 5 4 2 , 6 4 0 , 3 1 0 2 , 5 7 8 , 3 6 2 2 , 5 1 4 , 6 9 0 2,502,994 2,572,196 2,572,850 2,559,072 2,532,421 1,700,740 1,550,552 1,394,354 1,233,083 1,079,485 To t a l l e v i e d d e b t b e f o r e r e d u c t i o n 2 , 0 5 9 , 9 2 3 2 , 1 0 2 , 8 6 1 2 , 3 2 1 , 1 4 6 2 , 4 7 5 , 2 4 4 2 , 6 7 3 , 2 0 2 2 , 7 7 5 , 7 9 0 2 , 8 9 1 , 8 9 5 2 , 9 3 0 , 5 8 2 2 , 9 9 3 , 6 8 4 3 , 1 3 5 , 2 2 0 3 , 1 4 7 , 6 4 2 3 , 2 1 4 , 4 4 6 2 , 8 5 1 , 5 4 8 2 , 7 3 9 , 6 6 6 2 , 7 8 0 , 1 6 5 2 , 7 0 4 , 2 8 5 2 , 6 4 0 , 3 1 0 2 , 5 7 8 , 3 6 2 2 , 4 6 4 , 6 9 0 2,327,994 2,272,196 2,072,850 1,909,072 1,732,421 1,500,740 1,275,552 1,044,354 808,083 579,485 % I n c r e a s e i n l e v i e d D e b t 2. 0 8 % 9 . 6 6 % 0 . 9 4 % 1 . 8 7 % 1 . 7 7 % 2 . 5 1 % 3 . 2 0 % 3 . 0 0 % 1 . 9 0 % 3 . 1 9 % 1 .2 4 % 0 . 0 0 % 0 . 0 0 % 0 . 0 0 % - 3 . 9 6 % - 1 . 8 0 % - 2 . 3 5 % - 2 . 4 7 % - 0 . 4 7 % 2 . 76% 0.03% -0.54% -1.04% -32.84% -8.83% -10.07% -11.57% -12.46% % I n c r e a s e i n l e v i e d D e b t pr i o r 2. 0 8 % 9 . 6 6 % 0 . 9 4 % 1 . 8 7 % 2 . 4 9 % 3 . 3 8 % 2 . 9 4 % 1 . 5 1 % 3 . 0 1 % 3 . 0 2 % 2 .7 8 % 1 . 9 0 % 0 . 8 0 % - 1 . 1 5 % - 2 . 5 5 % - 2 . 3 9 % - 2 . 1 7 % - 2 . 2 8 % - 0 . 5 5 % - 0.92% -0.39% -0.65% -1.11% -32.74% -8.94% -10.00% -11.74% -12.66% $ I n c r e a s e i n l e v i e d D e b t 42 , 9 3 9 2 0 3 , 2 0 5 2 1 , 6 7 8 4 3 , 5 3 7 4 2 , 0 0 9 6 0 , 6 0 5 7 9 , 1 8 6 7 6 , 6 0 2 5 0 , 0 3 6 8 5 , 4 2 2 3 4 , 3 0 4 0 0 0 - 1 1 0 , 7 9 2 ( 4 8 , 3 4 5 ) ( 6 1 , 9 4 8 ) ( 6 3 , 6 7 2 ) (11,696) 69,202 654 (13,778) (26,651) (831,681) (150,188) (156,198) (161,271) (153,598) 1 , 0 0 0 , 0 0 0 1 , 1 0 0 , 0 0 0 1 , 2 0 0 , 0 0 0 1 , 3 0 0 , 0 0 0 1 , 4 0 0 , 0 0 0 1 , 5 0 0 , 0 0 0 1 , 6 0 0 , 0 0 0 1 , 7 0 0 , 0 0 0 1 , 8 0 0 , 0 0 0 1 , 9 0 0 , 0 0 0 2 , 0 0 0 , 0 0 0 2 , 1 0 0 , 0 0 0 2 , 2 0 0 , 0 0 0 2 , 3 0 0 , 0 0 0 2 , 4 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 6 0 0 , 0 0 0 2 , 7 0 0 , 0 0 0 2 , 8 0 0 , 0 0 0 2 , 9 0 0 , 0 0 0 3 , 0 0 0 , 0 0 0 3 , 1 0 0 , 0 0 0 3 , 2 0 0 , 0 0 0 3 , 3 0 0 , 0 0 0 3 , 4 0 0 , 0 0 0 20 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 2 0 3 5 To t a l L e v i e d D e b t b e f o r e r e d u c t i o n To t a l L e v i e d D e b t a f t e r r e d u c t i o n Z: \ B u d g e t 2 0 1 7 \ D E B T L E V Y 2 0 1 7 \ p r e l i m i n a r y 2 0 1 7 D E B T L E V Y M O D E L w i t h 2 0 1 6 a c t u a l b o n d i n g . x l s x 6/23/2016 Ci t y o f S t . A n t h o n y De b t L e v y - R o a d s , T a x A b a t e m e n t , P u b l i c F a c i l i t i e s 80 2 , 3 8 2 8 9 7 , 4 3 5 9 0 2 , 6 8 5 9 1 8 , 0 1 5 9 1 6 , 9 6 5 9 2 0 , 8 5 0 9 2 9 , 5 6 5 9 3 7 , 7 5 5 9 5 0 , 6 7 0 7 2 9 , 0 3 9 5 6 5 , 6 4 7 1 4 2 , 8 6 5 1 3 8 , 5 8 1 1 3 9 , 5 4 7 20 1 7 L e v y Y e a r Ex i s t i n g Fu n d 20 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 2 0 3 5 2 0 3 6 2 0 37 2038 2039 2040 $1 , 7 0 0 , 0 0 0 2 0 0 3 A ( R e f u n d i n g 2 0 1 1 A ) 5 0 3 1 1 8 , 0 5 7 1 2 1 , 1 0 3 1 2 3 , 9 9 2 1 2 1 , 4 7 3 1 2 4 , 2 0 4 1 3 2 , 0 2 8 1 3 4 , 2 8 6 $1 , 7 9 0 , 0 0 0 - 2 0 0 4 A ( R e f u n d e d i n 2 0 1 1 B ) 5 0 3 1 2 8 , 8 0 0 $1 , 6 9 5 , 0 0 0 - 2 0 0 5 A ( R e f u n d e d i n 2 0 1 1 B ) 5 0 3 1 2 1 , 5 0 0 $2 , 4 8 5 , 0 0 0 - 2 0 0 6 A ( R e f u n d e d i n 2 0 1 2 A ) 5 0 3 1 8 6 , 6 6 8 $2 , 0 5 0 , 0 0 0 - 2 0 0 7 A ( R e f u n d e d i n 2 0 1 2 A ) 5 0 3 1 3 7 , 7 3 7 $1 , 3 0 5 , 0 0 0 - 2 0 0 8 A ( 2 0 1 4 C ) 3 6 5 1 7 5 , 6 5 2 1 7 7 , 3 1 9 1 7 8 , 5 2 6 1 6 9 , 6 0 2 1 7 0 , 0 2 1 1 7 2 , 4 3 6 1 6 9 , 4 9 6 1 7 1 , 8 0 6 1 6 8 , 7 6 1 1 7 0 , 9 6 6 1 7 2 , 6 7 3 1 7 3 , 0 4 0 $2 , 6 3 0 , 0 0 0 - 2 0 0 9 A 5 1 2 1 8 4 , 7 6 8 1 8 5 , 4 5 0 1 8 5 , 9 7 5 1 8 6 , 3 4 3 1 8 6 , 5 5 3 1 8 6 , 6 0 5 1 8 6 , 5 0 0 1 9 1 , 1 2 0 1 8 9 , 7 6 6 1 9 3 , 0 8 4 1 9 5 , 7 0 9 1 9 7 , 6 6 4 1 9 3 , 6 7 4 $1 , 6 4 5 , 0 0 0 - 2 0 0 9 B ( 2 0 0 1 B & 2 0 0 2 A ) 5 0 3 1 9 6 , 9 9 5 1 9 2 , 4 0 1 1 8 7 , 8 0 8 1 9 3 , 7 1 4 1 8 3 , 6 0 8 1 0 6 , 1 5 0 $1 , 3 7 5 , 0 0 0 - 2 0 1 0 A 5 1 4 1 0 8 , 5 8 7 1 1 2 , 0 6 5 1 1 0 , 1 7 5 1 0 8 , 2 8 5 1 1 1 , 6 4 5 1 0 9 , 4 1 3 1 1 2 , 2 0 9 1 1 4 , 6 2 4 1 1 1 , 5 3 2 1 1 3 , 6 6 5 1 1 5 , 4 5 0 1 1 1 , 7 2 9 1 1 3 , 2 5 8 1 1 4 , 3 5 0 $1 , 9 4 0 , 0 0 0 - 2 0 1 1 A 5 1 6 1 4 1 , 9 9 1 1 3 8 , 6 8 4 1 4 0 , 6 2 6 1 4 2 , 4 1 1 1 3 8 , 7 8 9 1 4 0 , 4 1 6 1 4 1 , 8 8 6 1 4 2 , 8 7 1 1 3 8 , 4 3 4 1 3 9 , 2 4 8 1 3 9 , 5 3 7 1 3 9 , 6 4 2 1 3 9 , 1 8 3 1 3 8 , 5 2 6 1 3 7 , 2 6 6 $2 , 2 1 0 , 0 0 0 - 2 0 1 1 B ( 2 0 0 4 A a n d 2 0 0 5 A ) 5 0 3 - 2 2 6 , 9 7 7 2 2 6 , 8 9 9 2 2 1 , 0 2 5 2 2 5 , 1 5 7 2 2 3 , 4 4 1 2 2 6 , 4 3 0 2 2 3 , 5 2 8 1 0 9 , 5 8 9 $9 , 4 9 5 , 0 0 0 - 2 0 1 2 A ( 2 0 0 6 A & 2 0 0 7 A ) 5 0 3 / 5 1 8 - 4 2 3 , 1 8 5 5 1 8 , 9 7 3 5 1 9 , 8 1 3 5 3 0 , 6 9 3 5 2 0 , 7 5 8 5 2 0 , 9 6 8 5 2 6 , 2 1 8 5 3 1 , 1 5 3 5 3 5 , 7 7 3 3 0 6 , 3 5 6 1 4 1 , 3 5 8 1 4 2 , 8 6 5 1 3 8 , 5 8 1 1 3 9 , 5 4 7 1 4 0 , 0 3 3 $1 , 7 7 5 , 0 0 0 - 2 0 1 3 A 5 2 0 - - 1 1 8 , 6 8 5 1 1 8 , 9 3 0 1 1 9 , 1 7 6 1 1 9 , 1 2 0 1 1 9 , 0 6 3 1 1 8 , 5 2 3 1 1 7 , 9 8 4 1 1 7 , 0 8 2 1 1 5 , 9 3 9 1 1 9 , 8 6 4 1 1 8 , 1 3 3 1 1 6 , 4 0 2 1 1 9 , 1 3 3 1 1 6 , 4 7 6 1 1 9 , 0 7 0 - $2 , 2 3 0 , 0 0 0 - 2 0 1 4 A 5 2 2 - - - 1 5 7 , 6 2 9 1 5 5 , 8 4 8 1 5 9 , 3 1 8 1 5 7 , 4 3 3 1 5 5 , 5 4 8 1 5 3 , 6 6 3 1 5 7 , 0 2 8 1 5 4 , 8 9 6 1 5 1 , 4 8 8 1 5 3 , 3 3 0 1 5 5 , 0 1 5 1 5 1 , 2 9 2 1 5 2 , 8 2 0 1 5 4 , 1 9 0 1 5 4 , 9 1 4 $2 , 5 8 0 , 0 0 0 - 2 0 1 5 A 5 2 4 - - - - 1 8 5 , 0 7 5 1 8 2 , 8 4 7 1 8 5 , 8 6 9 1 8 3 , 5 3 7 1 8 6 , 4 5 4 1 8 4 , 0 1 6 1 8 6 , 8 2 9 1 8 4 , 2 8 6 1 8 6 , 9 9 3 1 8 3 , 8 8 6 1 8 6 , 0 2 9 1 8 2 , 3 3 1 1 8 3 , 8 8 4 1 8 4 , 8 1 9 1 8 5 , 1 1 1 T o t a l L e v y 1 , 5 0 0 , 7 5 5 1 , 5 7 7 , 1 8 4 1 , 7 9 1 , 6 5 9 1 , 9 3 9 , 2 2 5 2 , 1 3 0 , 7 6 8 2 , 0 5 2 , 5 3 3 1 , 9 5 4 , 1 4 1 1 , 8 2 7 , 7 7 4 1 , 7 0 7 , 3 3 6 1 , 6 1 0 , 8 6 2 1 , 3 8 7 , 3 8 8 1 , 2 1 9 , 0 7 1 1 , 0 4 7 , 4 3 6 8 4 6 , 7 6 0 7 3 3 , 2 6 7 5 9 1 , 6 6 0 4 5 7 , 1 4 4 3 3 9 , 7 3 3 1 8 5 , 1 1 1 - - - - - - - - - - 20 1 6 R o a d I m p r o v e m e n t s $1 , 5 1 0 , 0 0 0 - 2 0 1 6 A 2 0 1 6 a 10 2 , 1 7 3 1 0 6 , 1 3 5 1 0 4 , 7 4 2 1 0 3 , 3 4 9 1 0 1 , 9 5 6 1 0 5 , 8 1 3 1 0 4 , 3 1 5 1 0 2 , 8 1 7 1 0 6 , 5 6 8 1 0 4 , 9 6 5 1 0 3 , 3 6 2 1 0 7 , 0 0 9 1 0 5 , 0 2 5 1 0 3 , 0 4 2 105,757 20 1 6 - 2 0 2 5 R o a d I m p r o v e m e n t s $2 , 9 4 8 , 0 0 0 - 2 0 1 7 A 2 0 1 7 a 20 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 2 0 0 , 4 4 9 200,449 200,449 $2 , 2 6 5 , 0 0 0 - 2 0 1 8 A 2 0 1 8 a 16 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 1 6 3 , 7 7 8 163,778 163,778 163,778 $2 , 4 4 2 , 0 0 0 - 2 0 1 9 A 2 0 1 9 a 17 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 1 7 6 , 6 5 1 176,651 176,651 176,651 176,651 $3 , 0 1 5 , 0 0 0 - 2 0 2 0 A 2 0 2 0 a 23 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 2 3 1 , 6 8 1 231,681 231,681 231,681 231,681 231,681 $2 , 9 2 3 , 0 0 0 - 2 0 2 1 A 2 0 2 1 a 22 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 2 2 5 , 1 8 8 225,188 225,188 225,188 225,188 225,188 225,188 $2 , 8 4 7 , 0 0 0 - 2 0 2 2 A 2 0 2 2 a 23 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 2 3 1 , 1 9 8 231,198 231,198 231,198 231,198 231,198 231,198 231,198 $2 , 9 9 0 , 0 0 0 - 2 0 2 3 A 2 0 2 3 a 23 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 2 3 6 , 2 7 1 236,271 236,271 236,271 236,271 236,271 236,271 236,271 236,271 $2 , 7 8 5 , 0 0 0 - 2 0 2 4 A 2 0 2 4 a 22 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 2 2 8 , 5 9 8 228,598 228,598 228,598 228,598 228,598 228,598 228,598 228,598 228,598 $3 , 1 1 2 , 0 0 0 - 2 0 2 5 A 2 0 2 5 a 24 9 , 2 2 2 2 4 9 , 2 2 2 2 4 9 , 2 2 2 2 4 9 , 2 2 2 2 4 9 , 2 2 2 249,222 249,222 249,222 249,222 249,222 249,222 249,222 249,222 249,222 249,222 20 1 6 - 2 0 3 1 M i l l / O v e r l a y s , S i d e w a l k s a n d S t r e e t L i g h t in g $6 8 5 , 0 0 0 - 2 0 2 6 A 2 0 2 6 67 , 3 3 0 6 7 , 3 3 0 6 7 , 3 3 0 6 7 , 3 3 0 67,330 67,330 67,330 67,330 67,330 67,330 67,330 67,330 67,330 67,330 $7 3 3 , 0 0 0 - 2 0 2 7 A 2 0 2 7 66 , 8 9 4 6 6 , 8 9 4 6 6 , 8 9 4 66,894 66,894 66,894 66,894 66,894 66,894 66,894 66,894 66,894 66,894 $5 9 5 , 0 0 0 - 2 0 2 8 A 2 0 2 8 57,447 5 7 , 4 4 7 57,447 57,447 57,447 57,447 57,447 57,447 57,447 57,447 57,447 57,447 $5 2 0 , 0 0 0 - 2 0 2 9 A 2 0 2 9 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 42,933 $4 8 9 , 0 0 0 - 2 0 3 0 A 2 0 3 0 45,700 45,700 45,700 45,700 45,700 45,700 45,700 45,700 45,700 45,700 $5 7 6 , 0 0 0 - 2 0 3 1 A 2 0 3 1 49,959 49,959 49,959 49,959 49,959 49,959 49,959 49,959 49,959 Ad d i t i o n a l l e v y - - - - - 1 0 2 , 1 7 3 3 0 6 , 5 8 4 4 6 8 , 9 6 9 6 4 4 , 2 2 7 8 7 4 , 5 1 5 1 , 1 0 3 , 5 6 0 1 , 3 3 3 , 2 6 0 1 , 5 6 8 , 0 3 3 1 , 8 0 0 , 3 8 2 2 , 0 4 8 , 0 0 1 2 , 1 1 3 , 7 2 8 2 , 1 8 4 , 2 6 9 2 , 2 3 9 , 7 3 2 2 , 2 8 0 , 6 8 2 2,329,097 2,273,299 2,072,850 1,909,072 1,732,421 1,500,740 1,275,552 1,044,354 808,083 579,485 Ro a d l e v y b e f o r e d e b t r e d u c t i o n 1, 5 0 0 , 7 5 5 1 , 5 7 7 , 1 8 4 1 , 7 9 1 , 6 5 9 1 , 9 3 9 , 2 2 5 2 , 1 3 0 , 7 6 8 2 , 1 5 4 , 7 0 6 2 , 2 6 0 , 7 2 5 2 , 2 9 6 , 7 4 3 2 , 3 5 1 , 5 6 3 2 , 4 8 5 , 3 7 7 2 , 4 9 0 , 9 4 8 2 , 5 5 2 , 3 3 1 2 , 6 1 5 , 4 6 9 2 , 6 4 7 , 1 4 2 2 , 7 8 1 , 2 6 8 2 , 7 0 5 , 3 8 8 2 , 6 4 1 , 4 1 3 2 , 5 7 9 , 4 6 5 2 , 4 6 5 , 7 9 3 2,329,097 2,273,299 2,072,850 1,909,072 1,732,421 1,500,740 1,275,552 1,044,354 808,083 579,485 St o r m w a t e r D e b t S e r v i c e 28 5 / 2 5 0 (2 5 , 0 0 0 ) ( 1 7 0 , 0 0 0 ) ( 1 5 0 , 0 0 0 ) ( 8 0 , 0 0 0 ) ( 8 5 , 0 0 0 ) ( 9 0 , 0 0 0 ) ( 9 0 , 0 0 0 ) ( 1 1 5 , 0 0 0 ) ( 1 3 5 , 0 0 0 ) - - - - - - - - - - - - - - - - MS A A d v a n c e (7 , 5 0 0 ) ( 2 5 , 0 0 0 ) ( 8 5 , 0 0 0 ) ( 1 5 3 , 0 0 0 ) ( 1 5 2 , 5 0 0 ) ( 1 0 4 , 0 0 0 ) ( 1 5 3 , 0 0 0 ) Ex c e s s B o n d B a l a n c e (1 1 5 , 0 0 0 ) ( 1 0 1 , 9 2 1 ) ( 9 2 , 5 0 0 ) ( 1 4 0 , 0 0 0 ) ( 8 5 , 0 0 0 ) ( 1 1 5 , 0 0 0 ) ( 1 4 7 , 5 0 0 ) ( 1 9 2 , 5 0 0 ) ( 1 3 5 , 0 0 0 ) (2 , 1 0 2 ) ( 3 5 , 1 7 8 ) Co n d u i t F e e (1 5 , 0 7 9 ) Pu b l i c F a c i l i t i e s / A b a t e m e n t E x c e s s (5 , 0 0 0 ) ( 3 5 , 0 0 0 ) ( 4 5 , 0 0 0 ) ( 5 5 , 0 0 0 ) ( 5 5 , 0 0 0 ) ( 6 5 , 0 0 0 ) ( 7 5 , 0 0 0 ) ( 9 5 , 0 0 0 ) In f r a s t r u c t u r e L e v y 50,000 175,000 300,000 500,000 650,000 800,000 200,000 275,000 350,000 425,000 500,000 Ro a d i m p r o v e m e n t l e v y 1, 5 0 0 , 7 5 5 1 , 5 7 7 , 1 8 4 1 , 7 7 6 , 5 8 0 1 , 7 9 1 , 7 2 5 1 , 8 2 8 , 8 4 7 1 , 7 9 2 , 2 0 6 1 , 8 4 2 , 7 2 5 1 , 9 1 9 , 2 4 3 1 , 9 8 7 , 5 6 3 2 , 0 2 9 , 8 7 7 2 , 1 0 8 , 4 4 8 2 , 1 8 7 , 3 3 1 2 , 6 1 3 , 3 6 7 2 , 6 4 7 , 1 4 2 2 , 7 4 6 , 0 9 0 2 , 7 0 5 , 3 8 8 2 , 6 4 1 , 4 1 3 2 , 5 7 9 , 4 6 5 2 , 5 1 5 , 7 9 3 2,504,097 2,573,299 2,572,850 2,559,072 2,532,421 1,700,740 1,550,552 1,394,354 1,233,083 1,079,485 % I n c r e a s e i n R o a d l e v y 5. 0 9 % 1 2 . 6 4 % 0 . 8 5 % 2 . 0 7 % - 2 . 0 0 % 2 . 8 2 % 4 . 1 5 % 3 . 5 6 % 2 . 1 3 % 3 . 8 7 % 3 . 7 4 % 1 9 . 4 8 % 1 . 2 9 % 3 . 7 4 % - 1 . 4 8 % - 2 . 3 6 % - 2 . 3 5 % - 2 . 4 7 % - 0 . 4 6 % 2.76% -0.02% -0.54% -1.04% -32.84% -8.83% -10.07% -11.57%-12.46% $ I n c r e a s e i n R o a d l e v y 76 , 4 2 9 1 9 9 , 3 9 6 1 5 , 1 4 5 3 7 , 1 2 2 ( 3 6 , 6 4 1 ) 5 0 , 5 1 9 7 6 , 5 1 8 6 8 , 3 1 9 4 2 , 3 1 4 7 8 , 5 7 1 7 8 , 8 8 3 4 2 6 , 0 3 6 3 3 , 7 7 6 9 8 , 9 4 8 ( 4 0 , 7 0 2 ) ( 6 3 , 9 7 6 ) ( 6 1 , 9 4 8 ) ( 6 3 , 6 7 2 ) (11,696) 69,202 (449) (13,778) (26,651) (831,681) (150,188) (156,198) (161,271) (153,598) TA X A B A T E M E N T ( I N C L U D E S 2 0 1 6 B ) 1 4 9 , 3 9 5 1 4 6 , 4 8 0 1 5 1 , 0 2 5 1 5 3 , 1 4 8 1 5 5 , 1 1 2 2 2 4 , 8 7 7 2 3 1 , 2 8 8 2 3 1 , 5 9 4 2 3 6 , 6 2 2 2 3 6 , 0 4 9 2 3 5 , 1 1 4 2 3 8 , 9 2 9 2 3 7 , 1 8 2 9 3 , 6 2 7 - - - - - - - - - PU B L I C F A C I L I T I E S 40 9 , 7 7 3 3 7 9 , 1 9 7 3 7 8 , 4 6 2 3 8 2 , 8 7 2 3 8 7 , 3 2 2 3 9 6 , 2 0 7 3 9 9 , 8 8 2 4 0 3 , 3 4 7 4 0 6 , 6 0 2 4 1 4 , 8 9 7 4 2 2 , 6 8 3 4 2 4 , 2 8 9 - - - - - - - - - - - - - - - - - 55 9 , 1 6 8 5 2 5 , 6 7 7 5 2 9 , 4 8 7 5 3 6 , 0 2 0 5 4 2 , 4 3 4 6 2 1 , 0 8 4 6 3 1 , 1 7 0 6 3 4 , 9 4 1 6 4 3 , 2 2 4 6 5 0 , 9 4 6 6 5 7 , 7 9 7 6 6 3 , 2 1 8 2 3 7 , 1 8 2 9 3 , 6 2 7 - - - - - - - - - - - - - - - FL A T L L I N E 2, 8 5 4 , 9 3 2 2 , 8 5 4 , 9 3 2 2 , 8 5 4 , 9 3 2 2 , 8 5 4 , 9 3 2 To t a l l e v i e d d e b t a f t e r r e d u c t i o n 2 , 0 5 9 , 9 2 3 2 , 1 0 2 , 8 6 1 2 , 3 0 6 , 0 6 7 2 , 3 2 7 , 7 4 4 2 , 3 7 1 , 2 8 1 2 , 4 1 3 , 2 9 0 2 , 4 7 3 , 8 9 5 2 , 5 5 4 , 1 8 5 2 , 6 3 0 , 7 8 7 2 , 6 8 0 , 8 2 3 2 , 7 6 6 , 2 4 5 2, 8 5 0 , 5 4 9 2 , 8 5 0 , 5 4 9 2, 7 4 0 , 7 6 9 2 , 7 4 6 , 0 9 0 2 , 7 0 5 , 3 8 8 2 , 6 4 1 , 4 1 3 2 , 5 7 9 , 4 6 5 2 , 5 1 5 , 7 9 3 2,504,097 2,573,299 2,572,850 2,559,072 2,532,421 1,700,740 1,550,552 1,394,354 1,233,083 1,079,485 To t a l l e v i e d d e b t b e f o r e r e d u c t i o n 2 , 0 5 9 , 9 2 3 2 , 1 0 2 , 8 6 1 2 , 3 2 1 , 1 4 6 2 , 4 7 5 , 2 4 4 2 , 6 7 3 , 2 0 2 2 , 7 7 5 , 7 9 0 2 , 8 9 1 , 8 9 5 2 , 9 3 1 , 6 8 5 2 , 9 9 4 , 7 8 7 3 , 1 3 6 , 3 2 3 3 , 1 4 8 , 7 4 5 3 , 2 1 5 , 5 4 9 2 , 8 5 2 , 6 5 1 2 , 7 4 0 , 7 6 9 2 , 7 8 1 , 2 6 8 2 , 7 0 5 , 3 8 8 2 , 6 4 1 , 4 1 3 2 , 5 7 9 , 4 6 5 2 , 4 6 5 , 7 9 3 2,329,097 2,273,299 2,072,850 1,909,072 1,732,421 1,500,740 1,275,552 1,044,354 808,083 579,485 % I n c r e a s e i n l e v i e d D e b t 2. 0 8 % 9 . 6 6 % 0 . 9 4 % 1 . 8 7 % 1 . 7 7 % 2 . 5 1 % 3 . 2 5 % 3 . 0 0 % 1 . 9 0 % 3 . 1 9 % 3 .0 5 % 0 . 0 0 % - 3 . 8 5 % 0 . 1 9 % - 1 . 4 8 % - 2 . 3 6 % - 2 . 3 5 % - 2 . 4 7 % - 0 . 4 6 % 2 .76% -0.02% -0.54% -1.04% -32.84% -8.83% -10.07% -11.57% -1 2.46% % I n c r e a s e i n l e v i e d D e b t pr i o r 2. 0 8 % 9 . 6 6 % 0 . 9 4 % 1 . 8 7 % 2 . 4 9 % 3 . 3 8 % 2 . 9 4 % 1 . 5 1 % 3 . 0 1 % 3 . 0 2 % 2 .7 8 % 1 . 9 0 % 0 . 8 0 % - 1 . 1 5 % - 2 . 5 5 % - 2 . 3 9 % - 2 . 1 7 % - 2 . 2 8 % - 0 . 5 5 % - 0.92% -0.39% -0.65% -1.11% -32.74% -8.94% -10.00% -11.74% -12.66% $ I n c r e a s e i n l e v i e d D e b t 42 , 9 3 9 2 0 3 , 2 0 5 2 1 , 6 7 8 4 3 , 5 3 7 4 2 , 0 0 9 6 0 , 6 0 5 8 0 , 2 8 9 7 6 , 6 0 2 5 0 , 0 3 6 8 5 , 4 2 2 8 4 , 3 0 4 0 ( 1 0 9 , 7 8 0 ) 5 , 3 2 1 ( 4 0 , 7 0 2 ) ( 6 3 , 9 7 6 ) ( 6 1 , 9 4 8 ) ( 6 3 , 6 7 2 ) (11,696) 69,202 (449) (13,778) (26,651) (831,681) (150,188) (156,198) (161,271) (153,598) 1 , 0 0 0 , 0 0 0 1 , 1 0 0 , 0 0 0 1 , 2 0 0 , 0 0 0 1 , 3 0 0 , 0 0 0 1 , 4 0 0 , 0 0 0 1 , 5 0 0 , 0 0 0 1 , 6 0 0 , 0 0 0 1 , 7 0 0 , 0 0 0 1 , 8 0 0 , 0 0 0 1 , 9 0 0 , 0 0 0 2 , 0 0 0 , 0 0 0 2 , 1 0 0 , 0 0 0 2 , 2 0 0 , 0 0 0 2 , 3 0 0 , 0 0 0 2 , 4 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 6 0 0 , 0 0 0 2 , 7 0 0 , 0 0 0 2 , 8 0 0 , 0 0 0 2 , 9 0 0 , 0 0 0 3 , 0 0 0 , 0 0 0 3 , 1 0 0 , 0 0 0 3 , 2 0 0 , 0 0 0 3 , 3 0 0 , 0 0 0 3 , 4 0 0 , 0 0 0 20 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 2 0 3 5 To t a l L e v i e d D e b t b e f o r e r e d u c t i o n To t a l L e v i e d D e b t a f t e r r e d u c t i o n Z: \ B u d g e t 2 0 1 7 \ D E B T L E V Y 2 0 1 7 \ p r e l i m i n a r y 2 0 1 7 D E B T L E V Y M O D E L w i t h 2 0 1 6 a c t u a l b o n d i n g . x l s x 6/23/2016