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8 <br />General Fund Forecast Assumptions –Revenues <br />2017-18 to 2027-28 <br />Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 <br />2017-18 <br />Projection <br />2018-19 <br />Projection <br />2019-20 <br />Projection <br />2020-21 <br />Projection <br />2021-22 <br />Projection <br />2022-23 <br />Projection <br />2023-24 <br />Projection <br />2024-25 <br />Projection <br />2025-26 <br />Projection <br />2026-27 <br />Projection <br />2027-28 <br />Projection <br />Sales tax 30,988$ 31,404$ 32,310$ 33,220$ 34,132$ 35,046$ 35,962$ 36,861$ 37,783$ 38,727$ 39,695$ <br />Transaction tax 11,195 11,496 11,905 12,297 12,679 13,061 13,444 13,820 14,207 14,605 15,014 <br />TOTAL SALES TAX REVENUE $42,183 $42,900 $44,215 $45,517 $46,811 $48,107 $49,406 $50,681 $51,990 $53,332 $54,709 <br />Sales tax percent change 0.6%1.7%3.1%2.9%2.8%2.8%2.7%2.6%2.6%2.6%2.6% <br />Property tax 1.7%4.5%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0% <br />Property transfer tax 4,000$ 4,000$ 4,040$ 4,080$ 4,121$ 4,162$ 4,204$ 4,246$ 4,289$ 4,331$ 4,375$ <br />Utility user's tax 11,407$ 11,340$ 11,381$ 11,438$ 11,524$ 11,573$ 11,655$ 11,740$ 11,827$ 11,917$ 12,499$ <br />6,626$ 6,814$ 6,950$ 7,089$ 7,231$ 7,376$ 7,523$ 7,673$ 7,827$ 7,983$ 8,143$ <br />All other revenues 1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0% <br />Description <br />(Dollars in Thousands ) <br />Business License+Penalties <br />+Cannabis