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