| Tax Rate Analysis - 2001 Bond Program | |||||
|---|---|---|---|---|---|
| 2001-2002 | 2002-2003 | 2003-2004 | 2004-2005 | 2005-2006 | |
| Rate Projected During Bond Election[0] | 1.7375 | 1.8126 | 1.8392 | 1.8561 | 1.8586 |
| Revised Projection | 1.7375 | 1.7625 | 1.7625 | 1.7625 | 1.7625 |
| Difference Between Original and Revised Projection | 0.0000 | (0.0501) | (0.0767) | (0.0936) | (0.0961) |
| [0]The table shows the total tax rate. The operating portion (M&O) of the tax rate is $1.50 for all years shown. The remainder of the tax rate is the part impacted by the bond program. It is called the Interest and Sinking (I&S) Fund rate or the debt service rate. | |||||