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3 <br /> <br /> <br />Total 729,706 15.29% 2.68 $62 $133 $302 $637 <br /> <br />c. Tax Levy Impacts Funding Watertown Road (section Shared with Long Lake) <br />Type of <br />Street Work <br />Annual <br />Cost <br />($) <br />Levy <br />Increase <br />(%) <br />Tax Rate <br />Increase <br />(Percentage <br />Points) <br />Tax <br />Impact <br />on <br />$250K <br />Home <br />Tax <br />Impact <br />on $546K <br />Home <br />(Median) <br />Tax <br />Impact <br />on $1M <br />Home <br />Tax <br />Impact <br />on $2M <br />Home <br />Reconstruct 133,800 2.80 0.49 $11 $24 $55 $117 <br /> <br />5. Impacts . Fully funding both preventive maintenance and reconstruction as in table (a) above allows <br />the city to realize it Pavement Management Plan. Executing table (b) will meet the immediate needs of <br />the pavement management plan but create larger requirements in the out years. Executing table (c) will <br />result in the city not realizing the goals set forth in the pavement management plan without significant <br />funding requirements in the out years. <br /> <br />Request: <br />Discussion and direction on how to provide reliable funding for the City’s streets as part of the 2016 and <br />beyond budget processes.