Page 63 - City of Mansfield FY22 Operarting Budget
P. 63
Projected Sales Tax
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$0
2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
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
2022 7,138,603 214,158 3% 7,617,430
2023 7,617,430 (117,614) -2% 7,499,816
2024 7,499,816 149,997 2% 7,649,813
2025 7,649,813 152,995 2% 7,802,809
2026 7,802,809 156,056 2% 7,958,865
2027 7,958,865 159,177 2% 8,118,042
2028 8,118,042 243,542 3% 8,361,584
2029 8,361,584 250,847 3% 8,612,431
2030 8,612,431 258,373 3% 8,870,804
2030 8,870,804 266,124 3% 9,136,928
Projected Franchise Tax
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
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