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Agenda - Council Work Session - 07/11/2017
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Agenda - Council Work Session - 07/11/2017
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3/17/2025 3:34:37 PM
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8/16/2017 2:34:50 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
07/11/2017
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LEVY BREAKDOWN: CONTINUED <br />- EDA Levy: <br />EDA Fund: Levy Increase of $635 <br />Budget held constant <br />- Debt Levy: Levy Increase of $174,651 <br />A. Contributing Factors of Increase: <br />1. 2017 Road Funding Debt <br />2. Fire Station #2 debt was decreased by $125,000 in 2017 from bond proceeds <br />3. Debt Summary: <br />2013 Capital Equipment Certificates(2023 Last Year) 73,119 <br />2014 Capital Equipment Certificates (2024 last year) 101,879 <br />2015 Road Improvement Debt (2025 last year) 116,663 <br />Muni Center (2031 last Year) 1,118,613 <br />Fire Station #2 (2033 last year) 224,248 <br />2016 Road Improvement Debt (2026 last year) 146,571 <br />2017 Road Improvement Debt (2027 last 98,000 <br />Total Bonded Debt Levied $1,879,093 <br />*Net of $60,000 from fire station #2 bond proceeds <br />2 <br />1 <br />
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