| MULTI YEAR FINANCIAL PLAN page 3 of 7 | ||||||||
| NOMINAL GROWTH RATE AND INTEREST RATE ASSUMPTIONS | ||||||||
| (Double digit changes in bold. Rates for the most current year are informational only.) | ||||||||
| 2006-07 | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | ||
| REVENUES | ||||||||
| Sales Tax | 1.00% | 3.00% | 3.00% | 3.00% | 3.00% | 3.00% | 3.00% | |
| Income Tax | 3.00% | 4.00% | 4.00% | 4.00% | 4.00% | 4.00% | ||
| Use Tax | 3.00% | 4.00% | 4.00% | 4.00% | 4.00% | 4.00% | ||
| Electric Utility Tax | 4.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | |
| Gas Utility Tax | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | ||
| Telecommunicaitons Tax | 4.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | |
| Hotel Motel Tax | 4.00% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | |
| Amusement Tax | 4.00% | 10.00% | 20.00% | 2.50% | 2.50% | 2.50% | 2.50% | |
| Road & Bridge Tax | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | ||
| Net Review & Insp. Fees | -10.00% | -5.00% | -5.00% | -5.00% | -5.00% | -5.00% | ||
| Business Licenses | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | ||
| Residential Permit Cost | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | ||
| Commercial and Rehab | ||||||||
| Permit Revenues | 50.00% | -50.00% | -5.00% | -5.00% | -5.00% | -5.00% | ||
| 911 Reimb | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | ||
| Alarm Control Fees | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Towing Rate Growth | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Cable Franchise Fees | 4.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | |
| Metra Fees | 2.00% | 20.00% | 20.00% | 10.00% | 10.00% | 10.00% | ||
| DUI Specific Fines | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Police Reports | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Police services | 3.00% | 3.00% | 3.00% | 3.00% | 3.00% | 3.00% | ||
| Fines | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| EXPENDITURES | ||||||||
| Personal Services | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | ||
| Fringes | 10.00% | 9.00% | 8.00% | 7.00% | 6.00% | 5.00% | ||
| Contractual Services | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Commodities | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Equipment | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| President & Trustees | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% | ||
| Judiciary | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | ||
| Committees | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Recycling | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | ||
| VHAC Site Maintenance | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | ||
| Events | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | ||
| Summer Cel | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | ||
| INTEREST RATES | ||||||||
| Investment Rate | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | |
| Borrowing Rate | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | |
| Taxable Borrowing Rate | 7.75% | 7.75% | 7.75% | 7.75% | 7.75% | 7.75% | 7.75% | |
| Short Tax Borrow Rate | 7.00% | 7.00% | 7.00% | 7.00% | 7.00% | 7.00% | 7.00% | |