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HomeMy WebLinkAbout24-091 - Preliminary 2025 Levy and BudgetEXHIBIT B PROPERTY TAX LEVY FOR DEBT 2025 NET 2025 ABATEMENT ABATEMENT 2025 CERTIFIED BOND DESCRIPTION SERIES LEVY LEVY DEBT LEVY DEBT LEVY IMPROVEMENT 2014A 167,921$ - REFUNDING 2014B 1,236,601$ 781,601 IMPROVEMENT 2015A 678,225$ 412,975 GENERAL OBLIGATION 2016B 807,130$ 568,695 GENERAL OBLIGATION 2017A 673,796$ 641,460 GENERAL OBLIGATION 2018A 631,529$ 663,548 GENERAL OBLIGATION 2018B 350,805$ 330,805 IMPROVEMENT 2019A 456,581$ 456,581 GENERAL OBLIGATION 2020A 948,103$ 898,103 ABATEMENT 2020A 60,000$ -$ -$ - GENERAL OBLIGATION 2020A 22,950$ - GENERAL OBLIGATION 2021A 142,935$ (0) TAX ABATEMENT 2021A 345,000$ 229,763$ -$ - TAX ABATEMENT 2021B -$ -$ -$ - GENERAL OBLIGATION 2021C 710,640$ 555,966 REFUNDING 2022A 2,146,628$ 1,713,691 REFUNDING 2022B 338,601$ 338,601 TAX ABATEMENT 2022B 445,000$ 272,598$ -$ - GENERAL OBLIGATION 2022C 2,270,234$ 1,977,369$ GENERAL OBLIGATION 2023A 997,815$ 997,815$ GENERAL OBLIGATION 2024A 1,933,479$ 1,933,479$ 850,000$ 502,361$ 14,513,973$ 12,270,689$ NET ABATEMENT LEVY 502,361$ CERTIFIED DEBT LEVY 12,270,689$ TOTAL LEVY 12,773,050$ The following is a schedule of all debt which, at the time of issuance, included a certification of future property tax levies. The 2025 Debt Levy column represents the levy in the original bond documents. The 2025 Certified Debt Levy column represents the actual levy. The reductions in the original debt service levies are the result of excess funds in the debt service account due to changes in funding sources such as interest on investments, special assessments and contributions from Liquor Fund, ISD#194 and other entities.