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Breakdown of Overall Tax Levy Increase 2023 Total Tax Levy $ 3,250,504 2024 Proposed Tax Levy $ 3,346,496 Increase in Tax Revenue $ 95,992 As shown on prior slide Assessed Value Changes Garbage Fund Increase of Garbage Fund ‐ New Code $24,505 increase $30/parcel for WM Additional Totes Assessment Roll taxable values increased $94,320 increase $5,246 increase $7.5 million from 2021 roll to 2022 roll. Contract has 5% annual Levied on specific residents Equalization rate also dropped from 66% increase & recycling has that requested this to 59.5% become a large cost Changes to Unpaid Items General Fund Decrease of Lighting Fund Decrease of 15% 20% $279 decrease $24,984 decrease $2,816 decrease Levied on specific residents that did not pay their water bills or Planning to use down some LED conversion has led to are not eligible for exemptions excess fund balance stable usage and lower costs after property transfer Total Increase in Tax Revenue $95,992 25