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**PROPOSED RATES 14-Nov-05 PAYABLE 2006 <br /> PEQUOT LAKES <br /> ANNEXATION DIFFERENTIAL Pay 2003 is 17% Pay 2002 Sibley Rate: 37.288% <br /> RATE: Pay 2004 is 33% Pay 2002 Pequot Lakes Rate: 78.588% <br /> Pay 2005 is 50% <br /> Pay 2006 is 66% Overall Projected Pequot Rate: 90.420% <br /> Pay 2007 is 83% Diff 2002 Sibley- Projected Pequot: 53.132% <br /> Pay 2008 is 100% Percent of Diff to use: 66.00% <br /> Increase for Annex: 35.067% <br /> Annex Rate: 72.355% <br /> TOTAL LEVY ACTUAL GENERAL RSD ANX <br /> TYPE FUND REQUEST SPREAD LEVY CITY RATE CITY RATE CITY RATE ANX LEVY <br /> 120 Debt Redemption 0 0.00 0.000% 0.000% 0.000% 0.00 <br /> BONDS SUB 0 0.00 0.000% 0.000% 0.000% 0.00 <br /> 10 General Revenue * 1,323,099 1,323,106.01 82.437% 41.219% 72.355% 116,814.98 <br /> SUBTOTAL 1,323,099 1,323,106.01 82.437% 41.219% 72.355% 116,814.98 <br /> 14-110 HRA 29,000 28,991.35 1.299% 1.299% 1.299% <br /> TOTAL 1,352,099 1,352,097.36 83.736% 42.518% 73.654% <br /> CONSTANT SPENDING-CITY RATE CONSTANT SPENDING-HRA <br /> General levy 0 0 0.000% <br /> Rate: 0.000% <br /> CONSTANT SPENDING-CITY RSD RATE <br /> General levy 0 <br /> Rate: 0.000% <br /> CONSTANT SPENDING-CITY ANX RATE <br /> General levy 0 <br /> Rate: 0.000% <br />