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$3,000,000.00 <br />$2,000,000.00 <br />$1,000,000.00 <br />$0.00 <br />PMF Expenditures — $14 Franchise Fee <br />15% Tax Levy PMF Expenditures El $14 FF Total • 15% Tax Levey <br />2022 <br />2024 <br />2026 <br />2028 <br />2030 <br />$20,000,000.00 <br />$15,000,000.00 <br />$10,000,000.00 <br />$5,000,000.00 <br />$0.00 <br />Total <br />Totals by <br />Funding Type <br />Total Needed for projects 2022-2030: <br />$17,812,295.00 <br />Total Generate by Franchise Fee 2022-2030: <br />$17,100,000.00 <br />Deficit Cause by Franchise Fee: (not including fund balance) <br />$712,295 <br />Total Generated by 15% Tax Levy: <br />19,294,288.80 <br />Surplus Generated by Tax Levy: (not including fund balance) <br />$1,481,993.80 <br />Fund Balance <br />Usage FF <br />2022-2029 we will run deficits with the exception of <br />2025. 2030 will also produce a surpluses however the <br />multiple years of fund balance deficits will reduce the <br />surplus of $425,805 available going into 2022 to <br />-$276,469 in 2030. <br />Fund Balance <br />Tax Levy <br />Going into 2022 we will have a projected fund <br />balance of $425,805. 2022 we will have a deficit of <br />$197,228. In 2023 we will have a deficit of $173,738. <br />The total of $370,966 both year will be covered by <br />the fund balance of $425,805. After 2024 the fund <br />balance will grow every year, never going below <br />zero. <br />