1 of 1

Levy Timing

Emergency Levy $554K

Certification – September 2024
1^st half collections ($277K) January 2025 (FY25)
2^nd half collections ($277K) July 2025 (FY26)

Supplemental Levy (November 2024) $7.2MM ($3.6MM/year)

Certification – September 2025
1^st qtr. ($1.8MM) January 2026 (FY26) , 2^nd qtr. ($1.8MM) July 2026 (FY27)
3^rd qtr. ($1.8MM) January 2027 (FY27), 4th qtr. ($1.8MM) July 2027 (FY28)

Next Supplemental Levy (vote in November 2026 or May 2027)

Certification - September 2027
1^st qtr. January 2028 (FY28), 2^nd qtr. July 2028 (FY29)
3^rd qtr. January 2029 (FY29), 4th qtr. July 2029 (FY30)

Bond Levy (vote in November 2025)

Certification - September 2026
Construction – January 2027
New Facilities – 2030

See below.

Also, just want to confirm again the timing of our levy revenue as you understand it?

emergency levy (issued summer of 2024), 1st half of revenue Jan-Jun 2025, 2nd half of revenue July-Dec 2025. Correct, certification would have been Sep. 2024 with primary collections in Jan & July and residual collections in the months described in between.

supplemental levy (vote passed Nov 2024), 1st quarter of revenue Jan-Jun 2026, 2nd quarter of revenue July-Dec 2026, 3rd quarter of revenue Jan-Jun 2027, 4th quarter of revenue July-Dec 2027. Correct this well get certified Sep 2025 for collections in 2026.

In order to have the next supplemental levy revenue begin in January 2028, we would need to have a levy vote in November 2026 correct? You could run this in either Nov. 2026 or May 2027. By going in November, it would give you a second shot if it did not pass.

If we have a bond levy vote in November 2025 then the bond revenue for building would begin January of 2027 correct? Yes. However, we could sell bonds by March of 2026 to get the district proceeds and just have payments begin 2027.

Let me know if you have any additional questions.