I-1 - Preliminary Official Statement - UR Loan Agreement

Tax Rates 1 Following are tax rates per thousand-dollar valuations for the past five-assessable/collection years: Levy Year/ 2016 for FY 2017 for FY 2018 for FY 2019 for FY 2020 for FY Collection Year 2017/18 2018/19 2019/20 2020/21 2021/22 Johnson County 6.85143% 6.53594% 6.49278% 6.34581% 6.16774% City of Tiffin 11.80227 11.80205 11.80689 11.80802 11.80926 Clear Creek Amana CSD 16.75949 16.77663 16.76460 17.26011 17.25959 Kirkwood Community College 1.13174 1.20354 1.21331 1.25730 1.31195 County Assessor 0.31448 0.31212 0.28114 0.28010 0.28052 Ag Extension 0.07585 0.07080 0.07039 0.06861 0.21833 State 0.00310 0.00290 0.00280 0.00270 0.00260 Totals: 36.93836 36.70398 36.63191 37.02265 37.04999 Tax Levies and Collections Total Property Total Collections as Tax Levy Tax Percent of Assessment Year Collection Year (in Dollars) Collections Current Levy 2020 2021/2022 $4,099,876 (in the process of collection) 2019 2020/2021 3,662,206 $3,770,510 102.96% 2018 2019/2020 3,136,875 3,147,119 100.33 2017 2018/2019 2,861,388 2,805,470 98.05 2016 2017/2018 2,364,844 2,366,440 100.07 2015 2016/2017 2,035,618 2,031,618 99.80 1 The 2021 for FY 2022/2023 Tax Rates are not available until June 1, 2022, six months after the 2022/2023 valuations are available from the State of Iowa Department of Valuations. – 22 –