EXPLANATORY STATEMENT - (Continued)
BUDGET MESSAGE
"2010" LEVY CAP BANKS:
2022
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2025)
1,156,107
Amount Used in CY 2025
Balance to Expire
1,156,107
2023
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2025 - CY 2026)
1,960
Amount Used in CY 2025
Balance to Carry Forward (CY 2026)
1,960
2024
Maximum Allowable Amount to be Raised by Taxation
18,050,146
Amount to be Raised by Taxation for Municipal Purpose
13,125,656
Available for Banking (CY 2025 - CY 2027)
4,924,490
Amount Used in CY 2025
Balance to Carry Forward (CY 2026 - CY2027)
4,924,490
2025
Maximum Allowable Amount to be Raised by Taxation
13,989,590
Amount to be Raised by Taxation for Municipal Purpose
13,254,000
Available for Banking (CY 2026 - CY 2028)
735,590
Total Levy CAP Bank
5,662,040