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Sample Option C Alh <br />Property tax levy increase of $0.0576 <br />phased -in over a 3 -year period, with <br />2% tax levy growth thereafter (rate <br />floats up or down based on assessed <br />value changes, to net 2% revenue <br />growth) <br />No change in expenditure levels <br />Property tax revenue is inadequate to <br />prevent future deficits <br />General Fund Balance (mil.) <br />FY20 <br />C� Unassigned Reserved* 16% of Exp - - - -- 8% of Exp <br />$80 <br />FY23 <br />FY24 <br />*state-required reserve plus assigned for subsequent FY expense <br />FY26 <br />FY27 <br />$60 <br />Tax Rate <br />0.8569 <br />0.8761 <br />0.8953 <br />0.8451 <br />0.8446 <br />0.8440 <br />0.8466 <br />0.8020 <br />0.8044 <br />0.8170 <br />Levy % Chng <br />4.03% <br />$40 <br />2.63% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />AV % Chng <br />1.85% <br />1.69% <br />0.43% <br />8.05% <br />$20 <br />2.07% <br />1.70% <br />7.67% <br />1.69% <br />0.43% <br />PT Rev Growth <br />$6.1 M <br />$6.5M <br />$4.4M <br />$3.5M <br />$3.5M <br />$3.6M <br />-- - -- — <br />$3.7M <br />t <br />$3.9M <br />$0 <br />Li <br />- <br />($20) <br />($40) <br />($60) <br />D <br />($80) <br />04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 <br />Property tax levy increase of $0.0576 <br />phased -in over a 3 -year period, with <br />2% tax levy growth thereafter (rate <br />floats up or down based on assessed <br />value changes, to net 2% revenue <br />growth) <br />No change in expenditure levels <br />Property tax revenue is inadequate to <br />prevent future deficits <br />35 <br />FY19 <br />FY20 <br />FY21 <br />FY22 <br />FY23 <br />FY24 <br />FY25 <br />FY26 <br />FY27 <br />FY28 <br />Tax Rate <br />0.8569 <br />0.8761 <br />0.8953 <br />0.8451 <br />0.8446 <br />0.8440 <br />0.8466 <br />0.8020 <br />0.8044 <br />0.8170 <br />Levy % Chng <br />4.03% <br />4.13% <br />2.63% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />2.00% <br />AV % Chng <br />1.85% <br />1.69% <br />0.43% <br />8.05% <br />2.07% <br />2.07% <br />1.70% <br />7.67% <br />1.69% <br />0.43% <br />PT Rev Growth <br />$6.1 M <br />$6.5M <br />$4.4M <br />$3.5M <br />$3.5M <br />$3.6M <br />$3.7M <br />$3.7M <br />$3.7M <br />$3.9M <br />35 <br />