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• Capital Equipment: <br />• Complete Listing of the Capital Equipment Items are included in the 2014-2018 <br />Capital Improvement Plan (CIP) <br />(Funding is depleted by 2017 if Equipment Fund is used) <br />Totals 2014: <br />Totals 2015: <br />Totals 2016: <br />Totals 2017: <br />Totals 2018: <br />$481,950 (Phone System, 3 Squads, Truck with Plow, Flail <br />Mower & Zero Turn Mower) <br />$453,950 (3 Squads, Replace Taurus, Engr Veh, Snowplow Truck, <br />Mower) <br />$758,350 (3 Squads, PD F-150, PD Impala, Bldg Vehicle, <br />Fire Rescue Tk, Case Loader, Snow Plow Tk, Mule) <br />$606,135 (3 Squads, PD Taurus, Grass Truck, Plow Truck <br />Tool Cat, Pickup Plow) <br />$640,650 (3 Squads, Fire Chief Veh, Sidewalk Mach) <br />ADDRESS CAPITAL EQUIPMENT ISSUE: <br />o Push out equipment purchases — use full life + <br />o Use of Capital Equipment Certificates: Partial/Full Amount <br />o Combination of Tax Levy & Equipment Fund to extend life of Equipment <br />Fund <br />Notables in 5-Year Budget: <br />Revenue: <br />Property Tax Increase of: <br />$984,956 from 2014 to 2015 <br />$454,835 from 2015 to 2016 <br />$564,055 from 2016 to 2017 <br />$1,096,760 from 2017 to 2018 ($640,650 cap equipment all Gen Funded) <br />Local Government Aid (LGA)-Held constant at $90,000 <br />o State likes to take this funding back when budget deficits <br />Building Permits: 2010 Levels. Conservative at $230,000 <br />Transfers In Increase (Decrease) of: <br />($551,993) from 2014 to 2015 (TIF 4 Decertified & Decrease Capital) <br />$442,863 from 2015 to 2016 increase in capital funded via equip fund <br />