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Home My WebLink About26.08.18-Revenue Implementation for CommissionResolution Establishing and Affixing Property Tax Mill Levies for Fiscal Year 2027 (FY27) August 18, 2026 Melissa Hodnett, Finance Director Commission Agenda Timeline URD Districts and BID Budget Presentations May 12, 2026 Budget Document Distribution May 28, 2026 Work Session: Introduction, Internal Service Funds, & Enterprise Funds June 2, 2026 Work Session: General Fund & Special Revenue Funds June 9, 2026 Commission Budget Deliberation & Adoption June 23, 2026 Adopt Rates and Mill Levies based on Certified Values August 18, 2026 Annual Cost Snapshot: Adopted Budget Fiscal Year (FY) 27 Budget Fiscal Year (FY) 28 Budget FY27 Increase $ FY28 Increase $ FY27 Change % FY28 Change % Property Taxes $ 1,108.63 $ 1,184.86 $ 0.01 $ 76.23 0.0 %6.9 % Street Assessment 346.89 388.51 45.25 41.63 15.0 %12.0 % Arterial Street Assessment 65.66 67.63 1.91 1.97 3.0 %3.0 % Forestry (Tree) Assessment 39.85 45.83 7.45 5.98 23.0 %15.0 % Parks & Trails Assessment 272.31 326.77 50.92 54.46 23.0 %20.0 % Water Service 688.69 785.10 100.07 96.42 17.0 %14.0 % Sewer Service 726.82 770.43 60.01 43.61 9.0 %6.0 % Stormwater Service 68.05 78.26 10.38 10.21 18.0 %15.0 % Garbage Service 236.61 246.07 9.10 9.46 4.0 %4.0 % Annual Total $ 3,553.51 $ 3,893.47 $ 285.10 $ 339.96 8.7 %9.6 % Monthly Total $ 296.13 $ 324.46 $ 23.76 $ 28.33 Estimated Annual Service Cost for a Household Based on Assessed Value of $652,100 (FY26) + 3% in FY27 + 3% in FY28 7,500 SQFT lot with water use of 7.5-HCF Annual Cost Snapshot: Recommended Fiscal Year (FY) 26 Fiscal Year (FY) 27 Fiscal Year (FY) 28 FY27 Increase FY28 Increase Change % Change % Property Taxes $ 1,108.62 $ 1,006.91 $ 1,073.31 $ (101.71)$ 66.40 (9.2)%6.6 % Street Assessment 301.64 346.89 385.04 45.25 38.16 15.0 %11.0 % Arterial Street Assessment 63.75 65.66 67.63 1.91 1.97 3.0 %3.0 % Forestry (Tree) Assessment 32.40 38.88 44.71 6.48 5.83 20.0 %15.0 % Parks & Trails Assessment 221.39 272.31 326.77 50.92 54.46 23.0 %20.0 % Water Service 588.62 688.69 723.12 100.07 34.43 17.0 %5.0 % Sewer Service 666.81 720.15 741.76 53.34 21.60 8.0 %3.0 % Stormwater Service 57.67 70.93 77.32 13.26 6.38 23.0 %9.0 % Garbage Service 227.51 236.61 246.07 9.10 9.46 4.0 %4.0 % Annual Total $ 3,268.41 $ 3,447.03 $ 3,685.73 $ 178.62 $ 238.70 5.5 %6.9 % Monthly Total $ 272.37 $ 287.25 $ 307.14 $ 14.89 $ 19.89 adopted / worst case 8.7%9.6% Estimated Annual Service Cost for a Household Based on Assessed Value of $652,100 (FY26 & FY27) + 3% in FY28 7,500 SQFT lot with water use of 7.5-HCF Monthly increase: •FY27 = $14.89 •FY28 = $19.89 $8-9 less monthlythan the adopted budget Commission Decision: How many all-purpose mills should be levied in FY27? All options under consideration reduce City taxes for a typical primary residence by over $100 annually. Certified values Overall increase in taxable value of 6.9% Mill value = $235,505 $133.6M $138.0M $166.8M $171.8M $269.0M $266.3M $242.6M $259.2M FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 Total Taxable Value –City of Bozeman $155,353 $159,782 $247,166 $245,208 $218,946 $235,505 20% 3% 55% -1% -11% 8% -20% 0% 20% 40% 60% 80% 100% $- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 FY22 FY23 FY24 FY25 FY26 FY27 Taxes Generated from 1 Mill & Percent Change How the General Fund levy cap works The "Floating Mill" Principle:Higher certified property values do not create an automatic revenue windfall. As taxable values increase, mills automatically float downward to adhere to the dollar cap. Maximum Allowable Levy Formula: Prior Year Authorized $ + 3-Year Avg Inflation + % of Newly Taxable recapture = Max Allowable Revenue Statutory theory vs budget reality The Statutory Design •Inflation adjustments cover cost increases for existing services •Newly taxable growth pays for expanded municipal capacity. The Operational Reality •Municipal cost drivers outpace CPI inflation. •Newly taxable pays for existing operations. Newly taxable results $5.7M $13.5M $6.2M $9.4M $6.4M $6.6M $6.8M $7.0M $7.2M $7.4M FY23 FY24 FY25 FY26 FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected FY32 Projected 6-year Financial Model City of Bozeman Newly Taxable Values $5.7M $13.5M $6.2M $9.4M $3.3M $3.3M $3.3M $3.4M $3.4M $3.5M FY23 FY24 FY25 FY26 FY27 FY28 Projection FY29 Projected FY30 Projected FY31 Projected FY32 Projected Updated with FY27 Certified Newly Taxable City of Bozeman Newly Taxable Values Short-term stability, long-term pressure Near-term •Conservative revenue projections can absorb most of the lower newly taxable values •FY27 budget can be balanced Long-term •Lower newly taxable value reduces future revenue growth •Without adjustments, lower recurring revenue growth causes costs to outpace revenues in later years •Six-year forecast and unlevied-mill strategy should be reconsidered General Fund Six-Year Forecast What We Adopted in June: Core Operating Outlook $10M $20M $30M $40M $50M $60M $70M FY27 Budget FY28 Budget FY29 Projection FY30 Projection FY31 Projection FY32 Projection General Fund Six Year Forecast – Adopted Budget: Operating Revenue and Expenditure Projections Operating Revenue Operating Expenditures (excludes capital and subsidies) What We Adopted in June: Operating Margin / Reinvestment Capacity $1.1M ($0.2M) ($0.1M) $0.5M $1.3M $1.5M ($0.4M) ($0.2M) $0.2M $0.4M $0.6M $0.8M $1.0M $1.2M $1.4M $1.6M FY27 Budget FY28 Budget FY29 Projection FY30 Projection FY31 Projection FY32 Projection General Fund Six Year Forecast – Adopted Budget: Operating Margin / Reinvestment Capacity Six-year Operating Margin / Reinvestment Capacity = $4.1 million What Operating Margin Supports Operating Margin / Reinvestment Capacity pay for: •Capital projects •Housing allocation •Emerging / unplanned needs: senior center, story mansion, etc. Planned non-operating expenditures total approximately $34 million over the next six years •$21 million in capital projects •$7 million allocation to Community Housing Fund •$6 million allocation to Planning Fund How the Six-Year Forecast Balances •Pays for core operating expenditures Core Operating Revenue •Supports housing + capital + other one-time needs Operating Margin •Fills the gap when annual margin is not enough Fund Balance General Fund beginning balance = $27.2M built over time through prior-year operating savings and one-time revenues. Impact of Certified Newly Taxable Value: Operating Margin Turns Negative $0.2M ($1.0M) ($0.2M) ($0.5M)($0.5M) ($0.8M) ($1.2M) ($1.0M) ($0.8M) ($0.6M) ($0.4M) ($0.2M) $0.2M $0.4M FY27 Budget FY28 Budget FY29 Projection FY30 Projection FY31 Projection FY32 Projection General Fund Six Year Forecast – Adopted Budget: Operating Margin / Reinvestment Capacity Adjustments already made in the Six-Year Forecast •Public Safety Staffing Strategy •New Police Patrol positions (4 in FY27 and 4 in FY28) are removed from the baseline forecast; •Police may strategically overhire using vacancy savings, provided total personnel costs remain within the existing PD budget •6 SAFER firefighter positions retained after the grant expires to run the QRU •Operational Budget Savings factored in •Historically 4% - 10% •4% savings included in the models •Planning Fee Strategy •Subsidy reduced by 50% in 2029 Biennium “Status Quo” | 4.5 Mills Unlevied Annually $125.74 reduction in annual City tax to a typical primary residence. $2.4M $1.9M $1.1M $0.9M $0.9M $0.6M $0.5M $1.0M $1.5M $2.0M $2.5M FY27 Projection FY28 Projection FY29 Projection FY30 Projection FY31 Projection FY32 Projection General Fund Six Year Forecast Operating Margin / Reinvestment Capacity Operating Margin “Recommended” | Levy Max Statutory Authority Accumulated Fund Balance is Still Doing Significant Work $27M $18M $15M $14M $13M $13M $11M $5M $10M $15M $20M $25M $30M FY26 FY27 FY28 FY29 FY30 FY31 FY32 General Fund Projected Fund Balance Ending Reserves General Fund Ending Reserves: Recommended vs. Status Quo 33.6% 27.4% 25.2% 21.2%20.5% 16.7% 32.3% 24.0% 19.8% 13.9% 11.4% 5.8% Minimum, 16.7% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% FY27 Budget FY28 Budget FY29 Projection FY30 Projection FY31 Projection FY32 Projection General Fund Six Year Forecast Ending Reserves (Minimum = 16.67%) Recommended Status Quo Minimum Why act now? Homeowner Impact Scenarios (FY27) All Purpose Levy Unused Authority Annual Cost (FY27) Change from FY26 6-Year Cost of Unlevied Capacity 122.76 0.0 $1,006.91 $(101.71)$- 118.26 4.5 982.88 (125.74)$6.67 million Based on median single-family primary residence with assessed value of $652,100. Difference to typical homeowner: ~$24/year Difference to General Fund over six years: ~ $6.7M FY27 is unusual: even at the maximum City levy, the modeled primary homeowner still pays more than $100 less than FY26 because of State tax changes. Why FY27 is Different •State tax changes reduce the modeled City tax bill for a typical primary homeowner by more than $100, even with the maximum levy. •Levying the available mills now strengthens recurring General Fund revenue and the future revenue base. •If the City needs that capacity later, a comparable State tax offset may not be available. The Cost of Waiting: A Recurring Revenue Decision 4.5 mills unlevied Each future year: recurring revenues remain lower Over time: foregone revenue and inflationary growth compound Fiscal Year Annual Cost of Unlevied Capacity @ 4.5 mills & 2% inflation FY27 $1,057,500 FY28 1,078,700 FY29 1,100,300 FY30 1,122,300 FY31 1,144,700 FY32 1,167,600 Total $6,671,100 What If We Wait Until FY30? 33.6% 27.4% 25.2% 21.2%20.5% 16.7% 24.0% 19.8% 13.9% 11.4% 5.8% Minimum, 16.7% 32.3% 24.0% 19.8% 15.5%14.8% 11.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% FY27 Projection FY28 Projection FY29 Projection FY30 Projection FY31 Projection FY32 Projection General Fund Six Year Forecast Ending Reserves (Minimum = 16.67%) Recommended Status Quo Minimum Wait until FY30 What the Recommended Levy Supports Continued annual allocation to Community Housing of $1.0M $400k annually for Streamline $350k annually to support HRDC, Family Promise, & Haven Strategic police overhire capacity Retain 6 QRU firefighters currently funded by SAFER Maintenance of 16.67% minimum reserve balance over the 6-year forecast Recommendation & Next Steps •Staff Recommendation: Levy Max Authorized Mills to reduce reliance on one-time revenues and preserve recurring General Fund capacity. •Levying the max does not obligate the Commission to levy the maximum in any future year. $1,180.65 $1,326.84 $1,392.95 $1,108.62 $1,006.91 $0.00 $200.00 $400.00 $600.00 $800.00 $1,000.00 $1,200.00 $1,400.00 $1,600.00 FY23 FY24 FY25 FY26 FY27 Annual Property Tax Bill for a Single Family Residence valued at $652,100 Resolution to Establish Planning Fees for FY27 August 18, 2026 Melissa Hodnett, Finance Director Planning Fee Study and Schedule •Rate study currently underway, last fee study performed in 2021 •Results of the fee study are expected to be presented to Commission in winter •Resolution proposes approximately 15% increases to continue our effort to increase cost recovery Why Planning Requires Both Fee Revenue and General Fund Support Development Specific Services Application review Project specific entitlement work Site plan / subdivision review Applicant meetings and revisions Shared Planning Functions Code administration and interpretation Public hearings and noticing Permit process administration Staff capacity to run the system Community Wide Planning Growth policy & other policy work Historic preservation Area & neighborhood planning Questions from the public Regional Planning Public Hearing & Motion Language I move to adopt resolution establishing planning fees for FY27. Resolution to Amend Fee Schedule for Permits Reviewed by Department of Transportation & Engineering August 18, 2026 Melissa Hodnett, Finance Director Transportation/Engineering fees •Fees cover requests to use, occupy, modify, or temporarily restrict public infrastructure or right-of-way. •Fees previously increased in 2024 •Proposed increase is approximately 15% with various exceptions •Floodplain Permit increasing from $150 to $500 •Establishing variable rate for Street Closure and Sign Operation Events •Increase will improve cost recovery for services provided Public Hearing & Motion Language I move to adopt the resolution amending the fee schedule for permits reviewed and approved by the Department of Transportation and Engineering. Shops Complex Update August 18, 2026 Melissa Hodnett, Finance Director Shops complex •Total Cost = $84,147,600 •Funded by debt proceeds •Debt service payments to be split between:•Water •Wastewater•Stormwater•Street Maintenance District •Parks & Trails District•Forestry District •Environmental assessment kicking off this week through end of August •Kick-off for the final design work expected in late September 2027 Biennium Recommended Budget What’s changed since budget adoption? •Capital projects were reviewed and reprioritized to create capacity. •Financial models were reviewed and quality-checked. •Rate plans were refined for all affected funds. •No changes to adopted rate plans for: •Arterial & Collector District (3% increases recommended), or •Solid Waste (4% increases recommended) FY27 Recommended FY28 Recommended FY27 Difference FY28 Difference Street Assessment 15.0 %10.0 %— %(2.0)% Forestry (Tree) Assessment 20.0 %15.0 %(3.0)%— % Parks & Trails Assessment 23.0 %20.0 %— %— % Water Service 17.0 %5.0 %— %(9.0)% Sewer Service 8.0 %3.0 %(1.0)%(3.0)% Stormwater Service 23.0 %9.0 %5.0 %(6.0)% Rate / Assessment Percentage Increases | Recommended & Change from Adopted What Commission saw in June Based on median single-family primary residence with assessed value of $652,100, 7,500 sq ft lot, and 7.5 HCF monthly water usage. Adopted (worst case) monthly increases: •FY27 = $23.76 or 8.7% •FY28 = $28.33 or 9.6% Recommended monthly increase: •FY27 = $14.89 or 5.5% •FY28 = $19.89 or 6.9% $8-9 less monthly each year than the adopted budget Resolution to Establish Rates and Fees for Water, Wastewater, Stormwater, and Solid Waste Services for Fiscal Years 2027 and 2028 August 18, 2026 Melissa Hodnett, Finance Director Utility Rate Changes Summary Fiscal Year (FY) 26 Fiscal Year (FY) 27 Fiscal Year (FY) 28 FY27 Increase FY28 Increase Change % Change % Water Service $ 588.62 $ 688.69 $ 723.12 $ 100.07 $ 34.43 17.0 %5.0 % Sewer Service 666.81 720.15 741.75 53.34 21.60 8.0 %3.0 % Stormwater Service 57.67 70.93 77.31 13.26 6.38 23.0 %9.0 % Garbage Service 227.51 236.61 246.07 9.10 9.46 4.0 %4.0 % Annual Total $ 1,540.61 $ 1,716.38 $ 1,788.25 $ 175.77 $ 71.87 11.4 %4.2 % Monthly Total $ 128.38 $ 143.03 $ 149.02 $ 14.65 $ 5.99 Estimated Annual Service Cost for a Household Based on water use of 7.5-HCF & weekly 35/45 gallon trash pickup FY27 Recommended FY28 Recommended FY27 Difference FY28 Difference Water Service 17.0 %5.0 %— %(9.0)% Sewer Service 8.0 %3.0 %(1.0)%(3.0)% Stormwater Service 23.0 %9.0 %5.0 %(6.0)% Utility Rate Percentage Increases | Recommended & Change from Adopted Utility Cost of Service and Tiered Billing Conservation-Based Water Rate Structure •Single Family and Low-Income Residential •Greater usage = greater cost Utility Cost of Service Analysis •COSA completed •Greatest impact of correction would be single and multi-family residential customers •Prioritize addressing COSA adjustments once increases return to inflationary levels (est. FY29) •Plan to update COSA in preparation for FY29/30 rate adoption C. Class & Charge Rate per HCF % Increase from Tier 1 Single Family Tier 1: 0-6 HCF $3.31 0% Tier 2: 6-25 HCF $4.58 38% Tier 3: 25-55 HCF $6.39 93% Tier 4: 55-90 HCF $9.58 189% Preview: Stormwater Level of Service •Evaluate investment options ranging from maintaining current service levels to more proactive investment, could include: •Increased investment in stormwater systems currently maintained by HOAs •Accelerated clay pipe replacement •Shorter maintenance interval for pipes, inlets, and manholes •Accelerated timeline for water quality improvements •Commission direction will be requested in the next 12 months •Preferred level of service will inform long-range models, capital planning, and future rate recommendations Public Hearings & Motion Language I move to adopt the resolution to establish rates and fees for water, wastewater, stormwater, and solid waste services for Fiscal Years 2027 and 2028. Resolutions establishing increases to Special District Assessments August 18, 2026 Melissa Hodnett, Finance Director Special Assessment Rate Changes Summary FY27 Recommended FY28 Recommended FY27 Difference FY28 Difference Street Assessment 15.0 %10.0 %— %(2.0)% Forestry (Tree) Assessment 20.0 %15.0 %(3.0)%— % Parks & Trails Assessment 23.0 %20.0 %— %— % Assessment Percentage Increases | Recommended & Change from Adopted Fiscal Year (FY) 26 Fiscal Year (FY) 27 Fiscal Year (FY) 28 FY27 Increase FY28 Increase Change % Change % Street Assessment $ 301.63 $ 346.88 $ 381.57 $ 45.25 $ 34.69 15.0 %10.0 % Arterial Street Assessment 63.75 65.67 67.64 1.92 1.97 3.0 %3.0 % Forestry (Tree) Assessment 32.40 38.88 44.71 6.48 5.83 20.0 %15.0 % Parks & Trails Assessment 221.39 272.31 326.77 50.92 54.46 23.0 %20.0 % Annual Total $ 619.17 $ 723.74 $ 820.69 $ 104.57 $ 96.95 16.9 %13.4 % Monthly Total $ 51.60 $ 60.31 $ 68.39 $ 8.71 $ 8.08 Estimated Annual Service Cost for a Household Based on Assessed Value of $652,100 (FY26 & FY27) + 3% in FY28 7,500 SQFT lot with water use of 7.5-HCF Commission Action – Adopt a Rate per Sq Ft District Rate per sq ft Street Maintenance .046250 Arterial & Collector .008755 Forestry .005184 Parks & Trails .036308 Fiscal Year (FY) 26 Fiscal Year (FY) 27 Fiscal Year (FY) 28 FY27 Increase FY28 Increase Change % Change % Street Assessment $ 301.63 $ 346.88 $ 381.57 $ 45.25 $ 34.69 15.0 %10.0 % Arterial Street Assessment 63.75 65.67 67.64 1.92 1.97 3.0 %3.0 % Forestry (Tree) Assessment 32.40 38.88 44.71 6.48 5.83 20.0 %15.0 % Parks & Trails Assessment 221.39 272.31 326.77 50.92 54.46 23.0 %20.0 % Annual Total $ 619.17 $ 723.74 $ 820.69 $ 104.57 $ 96.95 16.9 %13.4 % Monthly Total $ 51.60 $ 60.31 $ 68.39 $ 8.71 $ 8.08 Estimated Annual Service Cost for a Household Based on Assessed Value of $652,100 (FY26 & FY27) + 3% in FY28 7,500 SQFT lot with water use of 7.5-HCF Schedule A: What it is & why it changes •Applies the adopted formula to individual parcels •Built from parcel, zoning, development and square-footage data from multiple sources •Current process requires significant manual review and reconciliation •Parcel level corrections normally continue before final County billing •FY27 requires more review due to widespread zoning changes from the UDC update •Final schedules transmitted to the County in September, using the adopted formulas Revised Schedule A: What’s changed so far? •Parcels in residential zones have all been capped appropriately at 15,000 sq ft •All parcels with a cost increase over 18% have been reviewed and either updated or confirmed to be accurate Revenue Risk & Timing •Most remaining issues appear likely to increase assessed square footage, not decrease it •Funds can absorb reasonable final variance; actual results inform future rates •Parcel reconciliation will continue through final County submission •A short delay would produce another interim Schedule A—not a final billing file Schedule A Financial Model Variance Streets $ 11,248,257 $ 10,887,000 $ 361,257 ACSD 2,012,029 2,022,900 (10,871) Parks 8,344,077 8,391,900 (47,823) Trees 1,225,781 1,220,100 5,681 UDC: Zoning Changes Old Zoning Maximum assessment square footage (Cap) R-1 R-2 R-3 R-4 R-5 RS 15,000 sq ft RMH 8,260 sq ft/unit RO REMU All Business Zones All Manufacturing Zones No Cap on developed parcels. Cap of 15,000 square feet on undeveloped (parcels that have no structures and have not received subdivision review.) PLI (including MSU, Schools, Govt, Hospital, & Public Owned property) 25% of total sq ft New Zoning Maximum assessment square footage (Cap) R-A R-B R-C R-D 15,000 sq ft PDZ REMU NEHMU All Business Zones All Manufacturing Zones No Cap on developed parcels. Cap of 15,000 square feet on undeveloped (parcels that have no structures and have not received subdivision review.) PLI (including MSU, Schools, Govt, Hospital, & Public Owned property) 25% of total sq ft Special Assessment Methodology Review •Preliminary analysis indicates that the methodology could legally be changed for Parks & Trails, Street Maintenance, and Arterial & Collector District •Possible methods for the other districts include: •Assessable area •Equal per lot or parcel •Taxable valuation •Front footage •Trip generation •Per residential unit / business unit •Character / service-based •Caps on specific zones could also be considered to adjust how assessments are allocated •Work session scheduled for January 26th Public Hearings & Motion Language L.7 I move to adopt the resolution establishing a 3% increase in Arterial and Collector Street Special District Assessments for FY27, making the assessment rate $0.008755 per assessable square foot. L.8 I move to adopt the resolution establishing a 20% increase in Tree Maintenance District Assessments for FY2027 (FY27), making the assessment rate $0.005184 per assessable square foot. L.9 I move to adopt the resolution establishing a 15% increase in Street Maintenance District Assessments for FY27, making the assessment rate $0.046250 per assessable square foot. L.10 I move to adopt the resolution establishing a 23% increase in Parks and Trails Special District Assessments for FY27, making the assessment rate $0.036308 per assessable square foot. BACKUP $14.5M $17.3M $18.7M $19.7M $20.8M $21.9M $13.7M $14.1M $15.0M $16.3M $16.8M $18.4M $33.1M $20.5M $32.2M $27.0M $23.2M $29.5M $5.0M $10.0M $15.0M $20.0M $25.0M $30.0M $35.0M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Water Fund Projections, Rate Revenue and Expenditures Rate Revenue Expenditures less Capital Total Expenditures Water Fund Projections, Rate Revenue and Expenditures FY25 Actual FY26 Actual FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 12%10%17%5%3%3%3% $14.0M $15.5M $16.4M $17.3M $18.2M $19.2M $12.3M $13.0M $12.5M $13.2M $13.1M $13.8M $27.9M $25.2M $16.9M $17.9M $18.9M $28.8M $5.0M $10.0M $15.0M $20.0M $25.0M $30.0M $35.0M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Wastewater Fund Projections, Rate Revenue and Expenditures Rate Revenue Expenditures less Capital Total Expenditures Sewer (Wastewater) Projections, Rate Revenue and Expenditures FY25 Actual FY26 Actual FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 6%6%8%3%3%3%3% $2.2M $2.8M $3.1M $3.4M $3.6M $3.9M $2.3M $2.6M $2.5M $3.0M $3.1M $3.0M $4.1M $3.1M $3.2M $4.0M $3.8M $3.9M $0.5M $1.0M $1.5M $2.0M $2.5M $3.0M $3.5M $4.0M $4.5M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Stormwater Fund Projections, Rate Revenue and Expenditures Rate Revenue Expenditures less Capital Total Expenditures Stormwater Projections, Rate Revenue and Expenditures FY25 Actual FY26 Actual FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 3%3%23%9%5%5%4% Garbage (Solid Waste) $7.8M $7.4M $7.8M $8.1M $8.4M $8.7M $7.8M $9.0M $8.6M $8.3M $8.6M $8.9M $9.2M $9.2M $8.6M $8.9M $8.6M $10.2M $2.0M $4.0M $6.0M $8.0M $10.0M $12.0M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Solid Waste Fund Projections, Rate Revenue and Expenditures Rate Revenue Expenditures less Capital Total Expenditures FY25 Actual FY26 Actual FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 10%6%4%4%3%3%3% $1.0M $1.2M $1.4M $1.6M $1.9M $2.0M $1.1M $1.4M $1.4M $1.8M $1.9M $1.9M $0.5M $1.0M $1.5M $2.0M $2.5M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Assessment Revenue Expenditures less Capital Ending Fund Balance Tree Maintenance Assessment Revenue, Operating Expenditures, and Fund Balance FY25 Actual FY26 Actual FY27 Proposed FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 3%3%20%15%15%15%6% $9.4M $10.9M $12.1M $13.3M $14.3M $14.8M $9.8M $10.2M $10.6M $12.9M $13.3M $13.8M $2.0M $4.0M $6.0M $8.0M $10.0M $12.0M $14.0M $16.0M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Assessment Revenue Expenditures less Capital Ending Fund Balance Street Maintenance Assessment Revenue, Operating Expenditures, and Fund Balance FY25 Actual FY26 Actual FY27 Proposed FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 3%3%15%10%9%6%3% $6.8M $8.4M $10.2M $11.1M $12.1M $12.6M $7.1M $8.6M $8.8M $10.6M $11.1M $11.6M $2.0M $4.0M $6.0M $8.0M $10.0M $12.0M $14.0M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected FY31 Projected Assessment Revenue Expenditures less Capital Ending Fund Balance Parks & Trails Assessment Revenue, Operating Expenditures, and Fund Balance FY25 Actual FY26 Actual FY27 Proposed FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 3%3%23%20%8%8%3% Homeowner Impact Scenarios All Purpose Levy Unused Authority Annual Cost Change from FY26 6-Year Cost of Unlevied Capacity 122.76 0.0 $1,006.91 $(101.71)$- 121.76 1.0 1,001.57 (107.05)$1.48 million 120.76 2.0 996.23 (112.39)$2.97 million 119.76 3.0 990.89 (117.73)$4.45 million 118.26 4.5 982.88 (125.74)$6.67 million Based on median single-family primary residence with assessed value of $652,100. •~$24 annual difference between max levy and status quo $14.5M $17.3M $18.7M $19.7M $20.8M $13.7M $14.1M $15.0M $16.3M $16.8M $33.1M $20.5M $32.2M $27.0M $23.2M $5.0M $10.0M $15.0M $20.0M $25.0M $30.0M $35.0M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected Water Fund Projections, Rate Revenue and Expenditures Rate Revenue Expenditures less Capital Total Expenditures Water FY25 Actual FY26 Actual FY27 Projected FY28 Projected FY29 Projected FY30 Projected Rate Revenue Increases 12%10%17%5%3%3% 5-YEAR $14.0M $15.5M $16.4M $17.3M $18.2M $12.3M $13.0M $12.5M $13.2M $13.1M $27.9M $25.2M $16.9M $17.9M $18.9M $5.0M $10.0M $15.0M $20.0M $25.0M $30.0M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected Wastewater Fund Projections, Rate Revenue and Expenditures Rate Revenue Expenditures less Capital Total Expenditures Wastewater FY25 Actual FY26 Actual FY27 Projected FY28 Projected FY29 Projected FY30 Projected Rate Revenue Increases 6%6%8%3%3%3% 5-YEAR $2.2M $2.8M $3.1M $3.4M $3.6M $2.3M $2.6M $2.5M $3.0M $3.1M $4.1M $3.1M $3.2M $4.0M $3.8M $0.5M $1.0M $1.5M $2.0M $2.5M $3.0M $3.5M $4.0M $4.5M FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected Stormwater Fund Projections, Rate Revenue and Expenditures Rate Revenue Expenditures less Capital Total Expenditures Stormwater FY25 Actual FY26 Actual FY27 Projected FY28 Projected FY29 Projected FY30 Projected Rate Revenue Increases 3%3%23%9%5%5% 5-YEAR $1.9M $2.0M $2.1M $2.2M $2.3M $2.4M $5.2M $3.5M $8.0M $4.8M $2.0M $2.0M $2.0M $4.0M $6.0M $8.0M $10.0M FY26 Projected FY27 Budget FY28 Budget FY29 Projected FY30 Projected FY31 Projected Assessment Revenue Capital Ending Fund Balance Arterial & Collector Assessment Revenue, Capital Expenditures, and Fund Balance FY25 Actual FY26 Actual FY27 Proposed FY28 Projected FY29 Projected FY30 Projected FY31 Projected Rate Revenue Increases 3%3%3%3%3%3%3%