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WATER INFRASTRUCTURE INVESTMENT FUND(WIIF) PROJECTION
<br /> 26% of Phase 1
<br /> Sewer Betterment Assessment Worksheet
<br /> Buildable Total
<br /> Parcels Assessment Collected
<br /> Phase I FY2025 450 $47,083 21,187,500 All property,buildable&nonbuilclable
<br /> 0
<br /> Phase I Betterment collection Yearly Taxpayer Balance Yearly collection Tax,Bill reduction
<br /> Principal Interest 0% Total paid $47,083 For all properties for betterment
<br /> FY2025 1,569 0 1,569 45,514 $706,250 61
<br /> FY2026 1,569 0 1,569 43,944 $706,250 61
<br /> FY2027 1,569 0 1,569 42,375 $706,250 61
<br /> FY2028 1,569 0 1,569 40,806 $706,250 61
<br /> FY2029 1,569 0 1,569 39,236 $706,250 61
<br /> FY2030 1,569 0 1,569 37,667 $706,250 61
<br /> FY2031 1,569 0 1,569 36,097 $706,250 61
<br /> FY2032 1,569 0 1,569 34,528 $706,250 61
<br /> FY2033 1,569 0 1,569 32,958 $706,250 61
<br /> FY2034 1,569 0 1,569 31,389 $706,250 61
<br /> FY2035 1,569 0 1,569 29,819 $706,250 61
<br /> FY2036 1,569 0 1,569 28,250 $706,250 61
<br /> FY2037 1,569 0 1,569 26,681 $706,250 61
<br /> FY2038 1,569 0 1,569 25,111 $706,250 61
<br /> FY2039 1,569 0 1,569 23,542 $706,250 61
<br /> FY2040 1,569 0 1,569 21,972 $706,250 61
<br /> FY2041 1,569 0 1,569 20,403 $706,250 61
<br /> FY2042 1,569 0 1,569 18,833 $706,250 61
<br /> FY2043 1,569 0 1,569 17,264 $706,250 61
<br /> FY2044 1,569 0 1,569 15,694 $706,250 61
<br /> FY2045 1,569 0 1,569 14,125 $706,250 61
<br /> FY2046 1,569 0 1,569 12,556 $706,250 61
<br /> FY2047 1,569 0 1,569 10,986 $706,250 61
<br /> FY2048 1,569 0 1,569 9,417 $706,250 61
<br /> FY2049 1,569 0 1,569 7,847 $706,250 61
<br /> FY2050 1,569 0 1,569 6,278 $706,250 61
<br /> FY2051 1,569 0 1,569 4,708 $706,250 61
<br /> FY2052 1,569 0 1,569 3,139 $706,250 61
<br /> FY2053 1,569 0 1,569 1,569 $706,250 61
<br /> FY2054 1,569 0 1,569 0 $706,250 61
<br /> Total 47083 $21,187,500
<br /> Assumptions: 25%Betterment SRF Loan
<br /> •Amount of Bond= 84,750,000 $21,187,500.00 $63,562,500.00
<br /> •Term of Bond in Years= 30
<br /> •Interest Rate of Bond= 0.00% (Note:Reflects estimate of State loan programs&local bonding.)
<br /> •Total Town Valuation= 5,307,192,210
<br /> Average Home Value= 474,810 Total
<br /> Reduction in
<br /> FY1 8 tax rate 8.92 Tax Bill for Town 1,839
<br /> FY1 8 Taxable parcels 1,1520 Saves 14 cwits on tax rate.
<br /> Page 4
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