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Review of Funding Options Cell Phone Occupation Tax Increase Increase from 3% to 6% – approximately $486,000 Property Tax Increase Current Mill Levy - .3241 $324 annual, $27 per month, on $100,000 home .01 mill levy generates approximately $250,000 And would add an additional .83 cents per month for owner of $100,000 home or $10 per year. Allocate portion of Cash Reserves

Option #1 w/ Cell Phone Tax Police Budget Request Option #1 w/ Cell Phone Tax 2013 2014 2015 2016 2017 Police Budget Request $760,096 $1,156,186 $1,162,512 $1,937,480 $2,185,830 Valuation Growth-1.5% $2,517,067 $2,554,823 $2,593,145 $2,632,042 $2,671,523 2013-add .011 Mill $276,877 $281,031 $285,246 $289,525 $293,868 2014-add .0152 Mill $388,333 $394,158 $400,070 $406,071 2015-add .0171 Mill $443,428 $450,079 $456,830 2016-add .0013 Mill $34,217 $34,730 Cell Phone Growth-.5% $486,000 $488,430 $490,872 $493,327 $495,794 Total Mill Levy .3351 .3503 .3674 .3687 Revenue Needed $ 0 $270,262 $498,537 Dollars Available-Debt Payments end in Prior Years Wood River $270,433 Library & Wood River $1,062,694

2013 2014 2015 2016 2017 Impact to Taxpayer w/ Cell Phone Tax Police budget request Impact to Taxpayer Option #1 w/ Cell Phone Tax 2013 2014 2015 2016 2017 Proposed Mill Levy .3351 .3503 .3674 .3687 Proposed Mill Levy Yearly Increase .011 .0152 .0171 .0013 -- % of Increase 3.4% 4.5% 4.9% .35% Proposed Property Tax on a $100,000 Home $335.10 $350.30 $367.40 $368.70 Current Property Tax on a $100,000 Home $324.10 Annual Increase to Home Owner $11.00 $15.20 $17.10 $1.30

Option #2 Only Property Tax Police Budget Request Option #2 Only Property Tax 2013 2014 2015 2016 2017 Police Budget Request $760,096 $1,156,186 $1,612,512 $1,937,480 $2,185,830 Valuation Growth-1.5% $2,517,067 $2,554,823 $2,593,145 $2,632,042 $2,671,523 2013-add .0302 Mill $760,154 $771,557 $783,130 $794,877 $806,800 2014-add .0151 Mill $385,778 $391,565 $397,438 $403,400 2015-add .0169 Mill $438,242 $444,815 $451,487 2016-add .0012 Mill $31,585 $32,058 Total Revenue $1,157,335 $1,612,937 $1,668,715 $1,693,745 Total Mill Levy .3543 .3694 .3863 .3875 Revenue Needed $ 0 $268,765 $492,085 Dollars Available-Debt Payments end in Prior Years Wood River $270,433 Library & Wood River $1,062,694

2013 2014 2015 2016 2017 Impact to Taxpayer Option #2 Police Budget Request Impact to Taxpayer Option #2 Only Property Tax 2013 2014 2015 2016 2017 Proposed Mill Levy .3543 .3694 .3863 .3875 Proposed Mill Levy Yearly Increase .0302 .0151 .0169 .0012 -- % of Increase 9.3% 4.3% 4.6% .31% Proposed Property Tax on a $100,000 Home $354.30 $369.40 $386.30 $387.50 Current Property Tax on a $100,000 Home $324.10 Annual Increase to Home Owner $30.20 $15.10 $16.90 $1.20

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