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Agenda - Council Work Session - 11/14/2023
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Agenda - Council Work Session - 11/14/2023
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3/13/2025 11:31:05 AM
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11/13/2023 3:29:57 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
11/14/2023
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11-14-23 <br /> 2024 Preliminary* (Working Document) Budget/Levy <br /> Ws Represent Preliminary Adoption 9-26-23 <br /> GENERAL FUND LEVY: <br /> $14,962,220 Increase of$1,816,400 (13.82%) <br /> (operating portion of levy increased 12.10%) <br /> 2023 Adopted General Fund Levy: $13,145,820 <br /> PAVEMENT MANAGEMENT ROAD LEVY: $1,844,733. Increase of$87,844 (5% per CM Heineman <br /> 2021 Proposal) <br /> 2023 Adopted Pavement Management Road Levy: $1,756,889 <br /> EDA LEVY: $87,390 . Increase of$4,780 (5.78%) <br /> 2023 Adopted EDA Levy: $82,610 <br /> DEBT SERVICE LEVY: $3,385,358 . Increase of$135,497 (4.17%) <br /> 2023 Adopted Debt Service Levy: $3,249,861 <br /> TOTAL LEVY: <br /> $20,279,701. Increase of$2,044,521 (11.21%) <br /> 2023 Adopted Total Levy: $18,235,180 <br /> TAXABLE VALUE: $44,284,826- $39,715,956 (2023) Increase of$4,568,870 (increase 11.50%) <br /> (Estimated value: from County 9-5-23 <br /> ESTIMATED TAX CAPACITY RATE: 41.050% 40.429% -in 2023 <br /> 1 <br />
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