Facilities Steering Committee Meeting 6

Welcome!

Agenda Review

Agenda

• Revised Option Review

• Maintenance Priority Projects

• Large Group Discussion & Consensus

• Finalize Bond Recommendations

• Meeting Wrap-Up & Next Steps

Revised Option Review

Option 3.1

Option 3.1, continued

Maintenance Priority Projects

Roofs: Priority 1 Maintenance

Mechanical Systems (HVAC): Priority 1 Maintenance

Previous Presented Tax Scenarios, Options & Cost

Tax Impact Scenarios

Bond Amount

M&O Tax Rate

I&S Tax Rate

Total Tax Rate

Tax Increase

Projected Monthly Tax

Increase

Projected Annual Tax Increase

Current $1.17 $0.1875 $1.3575 – – –

$20 million $1.17 $0.24 $1.41 +$0.05 $2.57 $30.84

$25 million $1.17 $0.25 $1.42 +$0.06 $3.17 $38.04

$30 million $1.17 $0.26 $1.43 +$0.07 $3.73 $44.76

$40 million $1.17 $0.28 $1.45 +$0.09 $4.96 $59.52

$50 million $1.17 $0.30 $1.47 +$0.11 $6.15 $73.80

$60 million $1.17 $0.34 $1.51 +$0.15 $8.18 $98.16

* Based on a home value of $100,000.

Cost Analysis

Cost Analysis

Option 1

Option 2

Option 3

Option 4

Large Group Discussion & Consensus

Meeting Wrap-Up

Committee Recommendations

Tuesday, August 11, 20156:00 p.m.

Board Room