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02/01/2022 (4)
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02/01/2022 (4)
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Last modified
6/20/2022 11:58:35 AM
Creation date
6/17/2022 1:05:31 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
02/01/2022
Meeting Body
Board of County Commissioners
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Indian River County Technical Assistance Request <br />BOARD or covvrrcam wtviawxv <br />74M Z - r <br />A., slyf-1 <br />votnef j tXX3R1 1141411#5 <br />Nfl, Wig MU11M <br />305 K. x1<wroe Ssvx'Y <br />N. M, At't.W" <br />www" go wow� �.ft bod (MW,41� <br />owmg mt., .N, ad f"h w �U& hw4w-.w b- ft rmfia•. <br />lk G -A <br />3/8/2022 <br />Bond Financing <br />Costs for Indian River County <br />1 year °' ohd Issues at 2.5-/, Interest Rate 2021 Total Taxable Value = $20,5 bil"13" <br />Annual Bond Issue Size <br />Debt Svce Mill Levy Increase Cost/ Year/ Avg. Residential <br />$40,000,000 <br />$3,230,658 0.157 $36 <br />$4,038,323 0.196 C $41D <br />$55,000,000 <br />$4,442,155 0.216 $50 <br />$60,000,000 <br />$4,845,987 0.235 $55 <br />$65,000,000 <br />$5,249,820 0.255 $59 <br />$70,000,000 <br />$5,653,652 0.275 $64 <br />Source: Florida Dept. of Revenue Ad Valorem & Tax Data Book. Average residential property <br />taxable value $232,400. <br />28 <br />jZt- 14 <br />
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