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ATTACHMENT D <br />Funding Options, Levy Details and Cost per Household <br />January 17, 2018 <br />Operations & Maintenance Levy Details <br />O&M Gap (total, in FY18$) <br />$2,400,000 <br />$3,200,000 <br />$3,400,000 <br />O&M Amount in FY19 <br />1,940,000 <br />1,940,000 <br />1,940,000 <br />O&M Amount in FY23 <br />3,060,000 <br />4,060,000 <br />4,370,000 <br />Annual Levy Amount <br />$2,630,000 <br />$3,120,000 <br />$3,190,000 <br />Tax Rate (5 year average) <br />$0.16 <br />$0.19 <br />$0.19 <br />Annual Cost for Typical Household <br />(5 year average) <br />$34 <br />$41 <br />$42 <br />Monthly Cost for Typical Household <br />(5 year average) <br />$2.80 <br />$3.40 <br />$3.50 <br />Bond Details <br />Bond Project Amount <br />$0 <br />$30,221,500 <br />$40,781,500 <br />Bond Issuance Costs <br />0 <br />878,500 <br />1,018,500 <br />Total Bond Amount <br />$0 <br />$31,100,000 <br />$41,800,000 <br />Tax Rate (1" 5 year average) <br />$0 <br />$0.21 <br />$0.28 <br />Annual Cost for Typical Household <br />(5 year average) <br />$0 <br />$46 <br />$61 <br />Monthly Cost for Typical Household <br />(5 year average) <br />$0 <br />$3.80 <br />$5.10 <br />Combined Tax Rate and Cost Per Household <br />Tax Rate (1" 5 year average) <br />$0.16 <br />$0.40 <br />$0.47 <br />Annual Cost for Typical Household <br />(5 year average) <br />$34 <br />$87 <br />$103 <br />Monthly Cost for Typical Household <br />(5 year average) <br />$2.80 <br />$7.30 <br />$8.60 <br />Note: <br />• Operations and maintenance levy is in effect for FY19 through FY23. <br />• General Obligation bonds are assumed to be repaid over 20 years; only the first five years are <br />included in the averages above, as those are the highest cost years over the life of the bonds. <br />• Typical Household in Eugene in FY18 (2017 tax year) has an assessed value of $202,344, per Lane <br />County Assessment & Taxation. <br />January 22, 2018, Work Session - Item B <br />