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LEVY BREAKDOWN: CONTINUED <br /> -EDA Levy: <br /> EDA Fund: Levy Increase of$30,363 <br /> A. Contributing Factors of Increase: <br /> a. $27,000 for marketing: to allow for flexibility and improvements to the city's economic <br /> development strategiesespecially around marketing, advertising, and business recruitment. <br /> -Debt Levy: Levy Increase of$94,706 (Fire Station 41 no longer levied, but Fire Station 42 & 2016 Road debt <br /> were added for 2017) <br /> A. Contributing Factors of Increase: <br /> 1. 2016 Road Funding Debt <br /> 2. Debt Summary: <br /> 2013 Capital Equipment Certificates(2023 Last Year) 73,875 <br /> 2014 Capital Equipment Certificates (2024 last year) 102,905 <br /> 2015 Road Improvement Debt (2025 last year) 119,078 <br /> Muni Center (2031 last Year) 1,098,813 <br /> Fire Station #2 (2033 last year) 157,463 <br /> 2016 Road Improvement Debt (2026 last year) 152,308 <br /> Total Bonded Debt Levied 1,704,442 <br /> *Net of$125,000 from fire station #2 bond proceeds <br /> 2 <br />