EXPLANATORY STATEMENT - (Continued)
BUDGET MESSAGE
"2010" LEVY CAP BANKS:
2021
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2024)
529,608
Amount Used in CY 2024
Balance to Expire
529,608
2022
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2024 - CY 2025)
1,156,107
Amount Used in CY 2024
Balance to Carry Forward (CY 2025)
1,156,107
2023
Maximum Allowable Amount to be Raised by Taxation
13,057,921
Amount to be Raised by Taxation for Municipal Purpose
13,055,961
Available for Banking (CY 2024 - CY 2026)
1,960
Amount Used in CY 2024
Balance to Carry Forward (CY 2025 - CY2026)
1,960
2024
Maximum Allowable Amount to be Raised by Taxation
18,050,145
Amount to be Raised by Taxation for Municipal Purpose
13,125,656
Available for Banking (CY 2025 - CY 2027)
4,924,490
Total Levy CAP Bank
6,082,557