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wo <br />o9 <br />Pay Off <br />Bonding Debt <br />Spend our excess <br />revenue on paying off <br />debt from bonding <br />Leverage our <br />own Capitat <br />Borrow from ourselves <br />for future projects <br />instead of bonding for <br />projects <br />Key Objectives <br />4p0 <br />5% Cap on <br />Yearly Increase <br />Normalize General Levy <br />increases creating a <br />predictable environment for <br />residents and business owners <br />Lower the 15% <br />as Needed <br />Lower the 15% increase as <br />projects are completed and the <br />city catches up <br />Proportional <br />Tax System <br />Get rid of the regressive <br />tax system for a <br />proportional tax system <br />that follows the intent of <br />the tax code <br />Encumbered <br />Tax Levy <br />Protect the 15% Tax Levy <br />increase so all excess <br />revenue stays in the fund <br />and is used to increase <br />project capacity <br />