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Attachment A
<br />General Obligation Bonds to Fix Streets Effect on Taxpayer
<br />Comparison of 2008 GO Bonds vs. 2012 GO Bonds
<br />and Estimation for Different Bond Amounts
<br />2008 General Obligation Bonds to Fix Streets
<br />ACTUALS THROUGH FY12; PROJECTED TO FY1
<br />4
<br />Assessed
<br />GrossCity-wideTaxValue ofCost to
<br />Bond ParAnnualAV inRateAverageAverage
<br />AmountLevy Amount1000'sPer 1000HomeHome
<br />FY106,500,000$ 7,146,667 11,590,081 $0.62158,447 $98
<br />FY116,810,000$ 7,477,333 11,741,991 $0.64163,303 $104
<br />FY127,140,000$ 7,808,511 12,017,702 $0.65168,546 $110
<br />FY137,480,000$ 8,170,213 12,408,380 $0.66173,602 $114
<br />FY147,970,000$ 8,691,489 12,830,434 $0.68178,810 $121
<br />$ 35,900,000Average:$0.65Average:$109
<br /> 39,294,213
<br />2012 General Obligation Bonds to Fix Streets
<br />Estimated Using the Average Tax Rate of the 2008 Measur
<br />e
<br />Assessed
<br />GrossCity-wideTaxValue ofCost to
<br />Bond ParAnnualAV inRateAverageAverage
<br />AmountLevy Amount1000'sPer 1000HomeHome
<br />FY158,000,000$ 8,680,000 13,279,717 $0.65184,175 $120
<br />FY168,290,000$ 9,000,000 13,758,056 $0.65189,700 $123
<br />FY178,590,000$ 9,320,000 14,253,623 $0.65195,391 $127
<br />FY188,900,000$ 9,660,000 14,767,039 $0.65201,253 $131
<br />FY199,220,000$ 10,000,000 15,298,586 $0.65207,290 $135
<br />$ 43,000,000Average:$0.65Average:$127
<br /> 46,660,000
<br />Estimated Effect on Taxpayer from Different Bond Amount
<br />s
<br />TaxCost to
<br />Bond ParRateAverage
<br />AmountPer 1000Home
<br />$ $0.53$10435,000,000
<br />$ $0.61$11940,000,000
<br />$ $0.65$12743,000,000
<br />$ $0.68$13345,000,000
<br />$ $0.76$14950,000,000
<br />$ $0.84$16455,000,000
<br />$ $0.91$17860,000,000
<br />$ $0.99$19465,000,000
<br />$ $1.06$20770,000,000
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