EXPLANATORY STATEMENT - (Continued)
BUDGET MESSAGE
"2010" LEVY CAP BANKS:
2020
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2023) 2,730,190
Amount Used in CY 2023 672,642
Balance to Expire 2,057,548
2021
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2023 - CY 2024) 529,608
Amount Used in CY 2023
Balance to Carry Forward (CY 2024) 529,608
2022
Maximum Allowable Amount to be Raised by Taxation 14,123,438
Amount to be Raised by Taxation for Municipal Purpose 12,967,331
Available for Banking (CY 2023 - CY 2025) 1,156,107
Amount Used in CY 2023
Balance to Carry Forward (CY 2024 - CY2025) 1,156,107
2023
Maximum Allowable Amount to be Raised by Taxation 13,055,961
Amount to be Raised by Taxation for Municipal Purpose 13,055,961
Available for Banking (CY 2024 - CY 2026) 0
Total Levy CAP Bank 1,685,715