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Agenda - Council Work Session - 07/26/2022
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Agenda - Council Work Session - 07/26/2022
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3/14/2025 2:35:28 PM
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7/21/2022 11:07:01 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
07/26/2022
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7-12-22 <br /> 2023 Preliminary* (Working Document) Budget/Levy <br /> #'s Represent Full Requests <br /> GENERAL FUND LEVY: <br /> With 7-12-22 Budget: $13,331,709. Increase of$1,619,119 (13.82%) <br /> 2022 Adopted General Fund Levy: $11,712,590 <br /> PAVEMENT MANAGEMENT ROAD LEVY: $1,756,889. Increase of$83,662 (5% per CM Heineman <br /> 2021 Proposal) <br /> 2022 Adopted Pavement Management Road Levy: $1,673,227 <br /> EDA LEVY: $82,610 . Increase of$7,250 (9.62%) <br /> 2022 Adopted Pavement Management Road Levy: $75,360 <br /> DEBT SERVICE LEVY: $2,161,319 . Increase of$309,640 (16.72%) <br /> 2022 Adopted Debt Service Levy: $1,851,679 <br /> TOTAL LEVY: <br /> 7-12-22 Worksession: $17,332,527. Increase of$2,019,671 (13.19%) <br /> 2022 Adopted Total Levy: $15,312,856 <br /> TAXABLE VALUE: $37,090,665- $31,432,767 (2022) Increase of$5,657,898 (increase 18.00%) <br /> (Estimated value: tax capacity,TIF and Fiscal Disparity#'s from County not available until end of July <br /> ESTIMATED TAX CAPACITY RATE: 40.966% 42.238%- in 2022 <br /> (Estimated value: tax capacity,TIF and Fiscal Disparity#'s from County not available until end of July <br /> 1 <br />
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