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Fiscal Disparities Effect on Tax Rate <br />Hypothetical 2021 Funding Calculation <br />TIF Calc Option A I <br />TIF Calc Option B <br />$4,906,823 <br />TIF Available for Debt Service <br />$3,233 <br />+$0 <br />Plus: Debt Service Levy <br />+$1,673,097 <br />$4,906,823 <br />= Total Amount for Funding Debt <br />$4,906,823 <br />$9,545,987 <br />Hypothetical Levy Amount = <br />$9.5M GF + $1.6M DIS for Option B <br />$11,219,084 <br />1$23,374,075 <br />1 Tax Capacity (Option A Adjusted for <br />FD) <br />1$25,247,922 <br />= 40.8401% <br />Effective Tax Rate <br />= 44.4357% <br />Cost of Using Option B + DIS Levy, compared to Option A <br />3.5956% <br />Public Sector Advisors 15 Springsted <br />