FinCom-20250123T081705

Source page 1

TAX IMPACT of $166.7 MILLION DEBT EXCLUSION PROJECT 
11/15/2024 
i 1 44,02 
1 
FY 2024 Values 
I I I 
CORRECTED 
INCORRECT 
CORRECTED 
INCORRECT 
Borrowed 
Term in Years 
Interest Rate 
OTHER POSSIBLE 
FUNDING SOURCES 
NEW COLUMN FY 2024 Levy Split 
NEWCOLUMN 
5,79,78'95'5"6oTi,e,14,'g�58,660 
725,688 
EXISTING EXCLUDED DEBT PAY DOWN IMPACT 
IMPACT ON AVG. 
RESIDENTIAL TAX BILL 
ILL 
NET OF EXCI-UDED 
11D 
DEBT PAY DOWN 
IMPACT ON AVG. 
RI 
RESIDENT)AL TAX BILL 
IMPACT ON AVG. 
RESIDENTIAL TAX BILL 
COMBINED IMPACT 
OF EXCLUDED DEBT 
1 4" 
E- )j'/ P -A 
COMBINED IMPACT 
OF EXCLUDED DEBT 
$166300,359 
30 
4,00% 
ANNUAL 
Unused Levy 
Capacity 
Pension FUNDED FROM 
Assessment EXCLUDED 
Savings DEBT 
Resident Share 61147741,,��,, 1 39.5226% 
Unused Levy Residential Commercial 
Capacity Levy Levy 
Resident Share 
Unused Levy 
Capacity 
IMPACT ON IMPACT ON 
RESIDENTIAL COMMERCIAL 
TAX RATE TAX RATE 
IMPACT ON AVG. 
RESIDENTIAL 
TAX BILL 
Existing (FY24) Residential Impact On Impact On Avg. 
Excluded Debt Levy Tax Residential Residential 
Tax Paid Down Reduction Tax Rate Tax Bill 
FISCAL 
BONDS 
PRINCIPAL 
BOND 
DEBT 
YEAR 
YEAR 
OUTSTANDING 
PAYMENT 
INTEREST 
SERVICE 
1 
2030 
$166,700,359 
$5,556,679 
$6.668,014 
$12,224,693 
$2,026,832 $0 $10,197,861 $1,225,775 $6,167,401 
$2,087,637 $0 $9,914,789 $1,262,549 $5,996,206 
$2,150,266 $4,236,877 $5,393,016 $1,300,425 $3,261,556 
$2,214,774 $4,236,877 $5,106,240 $1,339,438 $3,088,121 
$2,281,217 $4,236,877 $4,817,530 $1,379,621 $2,913,517 
$2,349,654 $4,236,877 $4,526,826 $1,421,010 $2,737,707 
$2,420,144 $3,851,706 $4,619,240 $1,463,640 $2,793,596 
$2,492,748 $3,861,706 $4,324,369 $1,507,549 $2,615,266 
$2,567,530 $3,081,365 $4,797660 $1,552,776 $2,901,500 
$2,644,556 $3,081,365 $4,498,367 $1,599.359 $2,720,496 
$4,030,460 $0.21 $1.06 
$154 
$158 
$163 
$168 
$173 
$178 
$183 
$189 
$194 
$200 
$254 
$261 
$269 
$277 
$286 
$294 
$303 
$312 
$322 
$331 
$886 
$867 
$528 
$510 
$492 
$474 
$485 
$467 
$494 
$476 
$986 
$971 
$634 
$619 
$605 
$590 
$605 
$590 
$621 
$607 
$2.22 
$2.16 
$772 
$751 
$528,885 
$553,665 
$319,856 
$334,842 
($0.06) 
($0.06) 
1$40') 
S, 4 /2-1 
$732 
$709 
2 
2031 
$161,143,680 
$5,556,679 
$6,445,747 
$12,002,426 
$3,918,582 $0,22 $1.03 
$2,131,460 $0.22 $0.56 
3 
2032 
$155,587,002 
$5,556,679 
$6,223,480 
$11,780,159 
$1.17 
$1.11 
$409 
$387 
$573,195 
$592,725 
$346,653 
$358,464 
($0.06) 
($0.06) 
1,95, 43, 'i 
4 -5) 
$365 
$342 
4 
2033 
$150,030,323 
$5,556,679 
$6,01,213 
$11,557,892 
$2,018,119 K23 $0.53 
$1,904,013 $0:24 $0.50 
5 
2034 
$144,473,644 
$5,556,679 
$5,778,946 
$11,335,624 
$1.05 
$0.99 
$365 
$343 
$606,995 
$621,190 
$367,095 
$375,679 
($0.06) 
($0.06) 
4 (-3 
f�$4` 
$319 
$296 
6 
2035 
$138,916,966 
$5,556,679 
$5,556,679 
$11,113,357 
$1,789,119 $0.25 $0.47 
$1,825,644 $0,25 $0.48 
7 
2036 
$133,360,287 
$5,556,679 
$5,334,411 
$10,891,090 
$1.01 
$0.94 
$350 
$328 
$635,723 
$650,783 
$384,469 
$393,577 
($0.07) 
($0.07) 
(S48) 
iS 491 
$302 
$278 
8 
2037 
$127,803,609 
$5,556,679 
$5,112,144 
$10,668,823 
$1,709,103 $0,26 $0.45 
$1,896,160 $0.27 $0�50 
$1,777,872 $0.28 $0.47 
9 
2038 
$122,246,930 
$5,556,679 
$4,889, 877 
$10,446,556 
$1.04 
$363 
$846,182 
$511,749 
($0.09) 
4 
$299 
10 
2039 
$116,690,251 
$5,556,679 
$4,667,610 
$10,224,289 
$0.98 
$341 
$856,368 
$517,909 
($aoq) 
S 6 5'�� 
$276 
11 
2040 
$111,133,573 
$5,556,679 
$4,445,343 
$10,002,022 
$2,723,893 $2,896,483 $4,381,646 $1,647,340 $2,649,905 
$2,805,610 $2,896,483 $4,077,662 $1,696,760 $2,466.064 
$2,889,778 $2,896,483 $3,771,226 $1,747,663 $2,280,740 
$2,976,471 $2,896,483 $3,462,266 $1,800,092 $2,093,888 
$3,065,765 $2,896,483 $3,150,704 $1,854,095 $1,905,464 
$3,157,738 $2,773,229 $2,959,719 $1,909,718 $1,789,961 
$3,252,471 $2,711,601 $2,704,347 $1,967,010 $1,635,519 
$3,350,045 $2,619,160 $2,476,947 $2,026,020 $1,497,993 
$3,450,546 $2,465,092 $2,308,246 $2,086,801 $1,395,967 
$3,554,062 $2,277,129 $2,170 426 $2,149,405 $1,312,617 
$1,731,740 $0,28 $0.46 
$1,611,598 $0,29 $0.43 
$0.95 
$332 
$867,268 
$524,501 
($0.09) 
($66) 
$266 
$206 
$213 
$219 
$225 
$232 
$239 
$246 
$254 
$261 
5269 
$341 
$351 
$362 
$373 
$384 
$396 
$407 
$420 
$432 
$445 
$473 
$434 
$417 
$400 
$384 
$376 
$364 
$354 
$349 
$346 
$607 
$573 
$560 
$548 
$535 
$532 
$525 
$520 
$520 
$522 
12 
2041 
$105,576,894 
$5,556,679 
$4,223,076 
$9,779,754 
$0.89 
$0.82 
$309 
$286 
$1,149,168 
$1,153,368 
$694,987 
$697,527 
($0.12) 
($0.12) 
$222 
$198 
13 
2042 
$100,020,215 
$5,556,679 
$4,000,809 
$9,557,487 
$1,490,487 $0.30 $0.39 
$1,368,377 $0,31 $0.36 
14 
2043 
$94,463,537 
$5,556,679 
$3,778,541 
$9,335,220 
$0.75 
$0.69 
$262 
$239 
$1,153,368 
$1,153,368 
$697,527 
$697,527 
($0.12) 
($0.12) 
-\$8,7 
iT � 7' 
$175 
$151 
15 
2044 
$88,906,858 
$5,556,679 
$3,556,274 
$9,112,953 
$1,245,240 $032 $0.33 
$1,169,758 $0.33 $0.31 
16 
2045 
$83,350,180 
$5,556,679 
$3,334,007 
$8,890,686 
$0.64 
$0.59 
$224 
$205 
$1,153,368 
$1,153,368 
$697,527 
$697,527 
($0.12) 
($0.12) 
(S87t 
I t) 
$137 
$117 
17 
2046 
$77,793,501 
$5,556,679 
$3,111,740 
$8,668,419 
$1,068,828 $0.34 $0.28 
$978,954 $0,35 $0,26 
18 
2047 
$72,236,822 
$5,556,679 
$2,889,473 
$8,446,152 
$0.54 
$0.50 
$188 
$175 
$1,153,368 
$1,153,368 
$697,527 
$697,527 
($0.12) 
($0.12) 
S 8 
fS8 
$100 
$87 
19 
2048 
$66,680,144 
$5,556,679 
$2,667,206 
$8,223,884 
$912,279 $0.36 $0.24 
$857,809 $0,37 $0.23 
20 
2049 
$61,123,465 
$5,556,679 
$2,444,939 
$8001,617 
$0.47 
$164 
$1,153,368 
$697,527 
($0.12) 
$77 
21 
2050 
$55,566,786 
$5,556,679 
$2,222,671 
$7,779,350 
$3,660,684 $2,049,108 $2,069,558 $2,213,887 $1,251,615 
$3,770,505 $1,818,005 $1,968,573 $2,280,303 $1,190,542 
$3,883,620 $1,583,020 $1,868,175 $2,348,712 $1,129,824 
$4,000,129 $1,349,638 $1,762,782 $2,419,174 $1,066,085 
$4,120,132 $1,115,454 $1,654,695 $2,491,749 $1,000,716 
$4,243,736 $2,424,278 $2,566,501 $1,466,140 
$4,371,048 $2,074,69 $2,643,496 $1,254,724 
$4,502,180 $1,721,300 $2,722,801 $1,040,998 
$4,637,245 $1,363.968 $2,804,485 $824,892 
$4,776,363 $1,002,583 $2,888,620 $606,336 
$817,943 $038 $0.22 
$778,031 $0,39 $0.21 
$0.45 
$157 
$1,153,368 
$697,527 
($0.12) 
$ 8 7, 
$69 
$277 
$286 
$1294 
$303 
$312 
$321 
$,331 
$341 
$351 
$362 
$459 
$472 
$486 
$501 
$516 
$532 
$547 
$564 
$581 
$598 
$347 
$347 
$348 
$349 
$350 
$418 
$401 
$384 
$367 
$350 
$528 
$534 
$541 
$547 
$554 
$628 
$617 
$607 
$597 
$587 
22 
2051 
$50,010,108 
$5,556,679 
$2,000,404 
$7,557,083 
$0.43 
$0.41 
$149 
$142 
$1,153,368 
$1,153,368 
$697,527 
$697,527 
($0.12) 
($0.12) 
8 7 
$62 
$54 
23 
2052 
$44,453,429 
$5,556,679 
$1,778,137 
$7,334,816 
$738,351 $0A1 $0.20 
$696,697 $0.42 $0.18 
24 
2053 
$38,896,750 
$5,556,679 
$1,555,870 
$7,112,549 
$0.38 
$0.36 
$134 
$125 
$1,153,368 
$1,153,368 
$697,527 
$697,527 
($0.12) 
($0.12) 
8 
$46 
$38 
25 
2054 
$33,340,072 
$5,556,679 
$1,333,603 
$6,890,282 
$653,978 $0.43 $0.17 
$958,138 $0.44 $0.25 
26 
2055 
$27,783,393 
$5,556,679 
$1,111,336 
$6,668,014 
$0.53 
$0.45 
$184 
$157 
$1,153,368 
$1,153,368 
$697,527 
$697,527 
($0.12) 
($0.12) 
(S 5, 7 
$96 
$70 
27 
2056 
$22,226,715 
$5,556,679 
$889,069 
$6,445,747 
$819,975 $0.46 $0,22 
$680,303 $0.47 $0.18 
28 
2057 
$16,670,036 
$5,556,679 
$666,801 
$6,223,480 
$0,37 
$0,30 
$130 
$103 
$1,153,368 
$1,153,368 
E29,242,776 
$697,527 
$697,527 
($0.12) 
($0.12) 
(S 8 7'� 
8 7 
$43 
$16 
29 
2058 
$11,113,357 
$5,556,679 
$444,534 
$6,001,213 
$539,075 $0.48 $0.14 
$396,247 $0.50 $0.10 
30 
2059 
$5,556,679 
5,556,679 
$222,267 
$5,778,946 
$0.22 
$76 
$1,153,368 
$697,527 
($0.12) 
$ 8 7- 
$166,700,369 
$103,354,223 
$270,054,582 
$96,427,381 
$66,057,503 
$107,569,698 $58,316,773 $65,055,356 
$42,514,341 
$10.07 
$11.23 
$23.43 
$8,148 
17,685,271 
($3.05) 
($2,215) 
1 $5,933 
$7,304 
$12,078 
1 $13,237 
$18,011 
2 
'iq 
$243 
$4013 
$441 
$600 
Average Cost Per $1,000 / Year to Taxpayer 
$0.37 
1 $0.78 
1 $272 
($0.10) 
($73.84) 
1 $198 
Galvin MS Funding Requirement Estimates V.14,xlsx Opt 9 1$240,26MW GPOS PROJECT PAGE 7