Page 70 - Mansfield 2019 Operating Budget
P. 70
Projected Sales Tax
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Franchise Fee Assumptions
Table 5
Table 5 estimates the franchise tax collected on electricity, gas, phone and cable services.
Tax Franchise Estimated Percent Estimated
Year Tax Increase Increase Total
2018 6,598,138 6,598,138
2019 6,598,138 149,463 2% 6,747,601
2020 6,747,601 202,428 3% 6,950,029
2021 6,950,029 208,501 3% 7,158,530
2022 7,158,530 214,756 3% 7,373,286
2023 7,373,286 221,198 3% 7,594,484
2024 7,594,484 227,835 3% 7,822,319
2025 7,822,319 234,669 3% 8,056,988
2026 8,056,988 241,710 3% 8,298,698
2027 8,298,698 248,961 3% 8,547,659
2028 8,547,659 256,430 3% 8,804,089
Projected Franchise Tax
9,000,000
8,000,000
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
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