Gretna Public Schools Par Amount 282 800 000

Gretna Public Schools

Par Amount $282, 800, 000 Voter Approved, Tax-Exempt General Obligation Bonds Gretna Public Schools Potential Bond Issue 25 Year Bonds Projected All-In True Interest Cost = 3. 25% Projected Standard & Poors Rating = AA- Stable Bonds would be sold in 4 or more series over the next 4 years D|A| DAVIDSON

Gretna Public Schools Breakdown of Current Tax Levy: D|A| DAVIDSON

Gretna Public Schools Assessed Valuation 20 Year History School Year Valuation % Growth 1999 -00 $373, 702, 028 13. 20% 2000 -01 $450, 304, 172 20. 50% 2001 -02 $516, 004, 246 14. 59% 2002 -03 $579, 613, 026 12. 33% 2003 -04 $662, 843, 893 14. 36% 2004 -05 $753, 719, 402 13. 71% 2005 -06 $893, 984, 473 18. 61% 2006 -07 $1, 060, 872, 642 18. 67% 2007 -08 $1, 212, 852, 899 14. 33% 2008 -09 $1, 325, 631, 470 9. 30% 2009 -10 5. 61% 2010 -11 $1, 400, 004, 444 $1, 433, 089, 238 2011 -12 $1, 478, 906, 353 3. 20% 2012 -13 $1, 532, 224, 986 3. 61% 2013 -14 $1, 614, 090, 544 5. 34% 2014 -15 $1, 759, 231, 689 8. 99% 2015 -16 $1, 962, 456, 308 11. 55% 2016 -17 $2, 144, 798, 181 9. 29% 2017 -18 $2, 368, 823, 300 10. 45% 2018 -19 $2, 646, 570, 970 11. 73% 2019 - 20 $2, 922, 043, 640 10. 41% Averages 20 year 10 year 2. 36% 5 year 10. 68% 7. 69% 11. 61% D|A| DAVIDSON

School Year 2019 -20 Valuation Total Debt Service Bond Levy Variance 2, 922, 043, 640 $10, 585, 482 0. 36226 2020 -21 3, 141, 196, 913 $12, 029, 480 0. 38296 0. 0207 2021 -22 3, 376, 786, 681 $14, 698, 838 0. 43529 0. 0730 2022 -23 3, 630, 045, 683 $16, 719, 413 0. 46058 0. 0983 2023 -24 3, 902, 299, 109 $17, 954, 246 0. 46009 0. 0978 2024 -25 4, 194, 971, 542 $19, 307, 813 0. 46026 0. 0980 2025 -26 4, 509, 594, 408 $20, 748, 083 0. 46009 0. 0978 2026 -27 4, 847, 813, 988 $22, 331, 063 0. 46064 0. 0984 2027 -28 5, 283, 460, 060 $23, 989, 113 0. 45404 0. 0918 2028 -29 5, 679, 719, 565 $25, 789, 363 0. 45406 0. 0918 2029 -30 6, 105, 698, 532 $27, 253, 731 0. 44637 0. 0841 2030 -31 6, 563, 625, 922 $27, 306, 512 0. 41603 0. 0538 2031 -32 7, 055, 897, 866 $27, 358, 298 0. 38774 0. 0255 2032 -33 7, 585, 090, 206 $27, 418, 126 0. 36147 -0. 0008 2033 -34 8, 153, 971 $27, 480, 470 0. 33702 -0. 0252 2034 -35 8, 765, 519, 869 $27, 550, 112 0. 31430 -0. 0480 2035 -36 9, 422, 933, 859 $27, 623, 531 0. 29315 -0. 0691 2036 -37 10, 129, 653, 899 $27, 704, 691 0. 27350 -0. 0888 2037 -38 10, 889, 377, 941 $27, 791, 043 0. 25521 -0. 1071 2038 -39 11, 706, 081, 287 $27, 881, 145 0. 23818 -0. 1241 2039 -40 12, 584, 037, 383 $26, 559, 525 0. 21106 -0. 1512 2040 -41 13, 527, 840, 187 $26, 557, 900 0. 19632 -0. 1659 2041 -42 2042 -43 14, 542, 428, 201 $26, 558, 700 0. 18263 -0. 1796 15, 633, 110, 316 $26, 557, 900 0. 16988 -0. 1924 2043 -44 16, 805, 593, 590 $26, 557, 600 0. 15803 -0. 2042 2044 -45 18, 066, 013, 109 $26, 561, 600 0. 14703 -0. 2152 ** Gretna Public Schools Bond Levy Impact Next 25 years with an assumed 7. 5% valuation increase *Includes proposed $282, 800, 000 new money issue **At a 7. 5% AV growth the largest projected tax increase is less than 9. 84 cents in 2026 -2027 D|A| DAVIDSON

School Year 2019 -20 Valuation Total Debt Service Bond Levy Variance 2, 922, 043, 640 $10, 585, 482 0. 36226 2020 -21 3, 214, 248, 004 $12, 029, 480 0. 37425 0. 0120 2021 -22 3, 535, 672, 804 $14, 698, 838 0. 41573 0. 0535 2022 -23 3, 889, 240, 085 $16, 719, 413 0. 42989 0. 0676 2023 -24 4, 278, 164, 093 $17, 954, 246 0. 41967 0. 0574 2024 -25 4, 705, 980, 503 $19, 307, 813 0. 41028 0. 0480 2025 -26 5, 176, 578, 553 $20, 748, 083 0. 40081 0. 0385 2026 -27 5, 694, 236, 408 $22, 331, 063 0. 39217 0. 0299 2027 -28 6, 335, 720, 080 $23, 989, 113 0. 37863 0. 0164 2028 -29 6, 969, 292, 088 $25, 789, 363 0. 37004 0. 0078 2029 -30 7, 666, 221, 297 $27, 253, 731 0. 35550 -0. 0068 2030 -31 8, 432, 843, 426 $27, 306, 512 0. 32381 -0. 0385 2031 -32 9, 276, 127, 769 $27, 358, 298 0. 29493 -0. 0673 2032 -33 10, 203, 740, 546 $27, 418, 126 0. 26871 -0. 0936 2033 -34 11, 224, 114, 601 $27, 480, 470 0. 24483 -0. 1174 2034 -35 12, 346, 526, 061 $27, 550, 112 0. 22314 -0. 1391 2035 -36 13, 581, 178, 667 $27, 623, 531 0. 20340 -0. 1589 2036 -37 14, 939, 296, 533 $27, 704, 691 0. 18545 -0. 1768 2037 -38 16, 433, 226, 187 $27, 791, 043 0. 16911 -0. 1931 2038 -39 18, 076, 548, 805 $27, 881, 145 0. 15424 -0. 2080 2039 -40 19, 884, 203, 686 $26, 559, 525 0. 13357 -0. 2287 2040 -41 21, 872, 624, 055 $26, 557, 900 0. 12142 -0. 2408 2041 -42 2042 -43 24, 059, 886, 460 $26, 558, 700 0. 11039 -0. 2519 26, 465, 875, 106 $26, 557, 900 0. 10035 -0. 2619 2043 -44 29, 112, 462, 617 $26, 557, 600 0. 09122 -0. 2710 2044 -45 32, 023, 708, 878 $26, 561, 600 0. 08294 -0. 2793 ** Gretna Public Schools Bond Levy Impact Next 25 years with an assumed 10. 0% valuation increase *Includes proposed $282, 800, 000 new money issue **At 10% AV growth the largest projected tax increase is 6. 76 cents in 2022 -23 D|A| DAVIDSON

Gretna Public Schools Breakdown of Bond Levy Impact: For a project totaling $282, 800, 000, the maximum required bond levy increase will be 9. 84 cents in 2026 -27. * This equates to an annual tax increase of $196. 80 for a home valued at $200, 000. For a project totaling $243, 300, 000, the maximum required bond levy increase would be 7. 58 cents in 2026 -27. * This would equate to an annual tax increase of $151. 60 for a home valued at $200, 000. * assumes an annual valuation increase of 7. 50% D|A| DAVIDSON

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