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Annua Total DEBT Levy
<br />Comparison with road debt & no road debt
<br />With
<br />Road Debt
<br />With % Levy
<br />Road Debt Change
<br />2016 $ 1,609,736 17.52%
<br />2017 $ 1,704,442 5.88%
<br />2018 $ 1,875,172 10.02%
<br />2019 Est $ 2,088,845 11.39%
<br />2020 Est $ 3,357,448 60.73%
<br />2021 Est $ 3,613,456 7.63%
<br />2022 Est $ 3,832,229 6.05%
<br />2023 Est $ 4,039,193 5.40%
<br />2024 Est $ 4,175,511 3.37%
<br />2025 Est $ 4,507,033 7.94%
<br />2026 Est $ 4,613,625 2.37%
<br />2027 Est $ 4,667,151 1.16%
<br />2028 Est $ 4,742,564 1.62%
<br />Without
<br />Road Debt
<br />$ 1,506,592
<br />$ 1,433,056
<br />$ 1,517,859
<br />$ 1,595,411
<br />$ 2,633,762
<br />$ 2,656,607
<br />$ 2,676,587
<br />$ 2,697,867
<br />$ 2,638,583
<br />$ 2,810,987
<br />$ 2,811,331
<br />$ 2,810,131
<br />$ 2,811,823
<br />Note: 1% deduction in tax capacity rate = $272,000 deduction in debt levy
<br />Without
<br />Road Debt
<br />% Levy
<br />Change
<br />9.99%
<br />-4.88%
<br />-5.92%
<br />5.11%
<br />65.08%
<br />0.87%
<br />0.75%
<br />0.80%
<br />-2.20%
<br />6.53%
<br />0.01%
<br />-0.04%
<br />0.06%
<br />Levy
<br />Reduction
<br />$ (103,144)
<br />$ (271,386)
<br />$ (357,313)
<br />$ (493,434)
<br />$ (723,686)
<br />$ (956,849)
<br />$ (1,155,642)
<br />$ (1,341,326)
<br />$ (1,536,928)
<br />$ (1,696,046)
<br />$ (1,802,294)
<br />$ (1,857,020)
<br />$ (1,930,741)
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