I-1 - Preliminary Official Statement - GO Bond 2024A

Direct Debt Bonds secured primarily by taxes (includes this issue) $ 19,765,000 Bonds secured primarily by annual appropriations 2,740,000 Total Direct Debt 22,505,000 Add taxpayers’ share of indirect debt 21,661,069 Direct and Indirect Debt $ 44,166,069 Revenue/Special Obligation Debt $2,296,000 Sewer Revenue Bond, Series 2016 $ 1,701,000 $6,754,000 Sewer Revenue Bonds, Series 2018 5,316,000 $486,000 Sewer Revenue Bonds, Series 2022 428,824 Pay-as-you-go TIF Notes 78,426 Facts for Ratio Computations 2024/2025 100% Actual Value 1 $800,891,761 2024/2025 Taxable Value with Rollback1 389,598,963 Population (2024 Estimate) 6,364 Debt Ratios Direct Indirect Direct and Debt Debt Indirect Debt To Actual Value 2.81% 2.70% 5.51% To Taxable Value 5.78% 5.56% 11.34% Per Capita $3,536 $3,404 $6,940 1 After tax increment and military exemption adjustments. – 29 –