Future Debt

Racine County
2004 5 Year Capital Plan
Impact on Tax Levy and Rate
               
Text Box: The 2004 5 Year Capital Plan lists "Proceeds from Borrowing" as one of the sources of funding. The following graphs show the estimated impact of that borrowing on Tax Levies and Rates for the 2005 through 2009 Budget years. Borrowing occurs in the same Budget year as the Capital expense. Payments start in the following budget year. In order to estimate the Tax impact of the borrowing several estimates are needed. The actual impact will vary depending on the accuracy of the estimates. Future borrowings are estimates at level debt service. Borrowing costs have not been included.      -  Interest Rates        -  4 1/2%      -  Term of Notes        - 10 years      -   Growth in EAV      - 5% The following graphs shows the current County Debt obligations and the estimated impacts of additional annual borrowing.  
               
               
               
               
               
               
               
               
               
               
               
               
               
               

               

                              

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