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Using all 2014 Budget reductions 3-20-12
<br />Includes: Muni Center Debt Refinancing; TIF 2 decertifies, $377,231 in Misc Reductions, $448,789 in Staff Reductions
<br />Refinancing Debt with $438,444 in savings
<br />(Based off of 2012 Adopted Levy & TAXable value decreased by 5% + TIF 10 Decertified)
<br />2014 PROPOSED LEVY COUNTY #'s
<br />Certified Fiscal Disp Local Levy Taxable Value Tax Capacit
<br />General 6,592,125 1,181,869 5,410,256 16,946,052 31.926%
<br />EDA 169,853 52,522 117,331 16,946,052 0.692%
<br />Bonds 1,224,326 142,462 1,081,864 16,946,052 6.384%
<br />7,986,304 1,376,853 6,609,451 39.003%
<br />2012 ADOPTED LEVY
<br />Certified Fiscal Disp Local Levy Taxable Value Tax Capacit
<br />General 6,997,150 1,254,486 5,742,664 15,766,875 36.422%
<br />EDA 169,853 52,522 117,331 15,766,875 0.744%
<br />Bonds 1,246,795 145,077 1,101,718 15,766,875 6.988%
<br />8,413,798 1,452,085 6,961,713 44.154%
<br />* EDA Proposed Levy Reduction is reflected Under General
<br />Holds constant with 2012 Levy amount $ 8,413,798
<br />2014 Budget Reductions(Reduced BY TIF-in Tax Value; $ 427,494
<br />($1,040,026-612,532) $ 7,986,304
<br />** 2013 Est Valuation $ 15,305,835
<br />TIF 2 Decertifying EST $ 1,640,217
<br />2014 Valuation $ 16,946,052
<br />** ASSUMES NO DECREASE IN COUNTY VALUE
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