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Using the Line Item Total Expenditures, with the Composite Deflator numbers listed below determine the...

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Accounting

Using the Line Item Total Expenditures, with the Composite Deflator numbers listed below determine the Real Rate of Growth and extrapolate 2024 & 2025 Line Item Budget Numbers.\table[[\table[[1],[2]],,Town of University Village Budget Exercise],[,Growth Rates,2016,2017,2018,2019,2020,2021,2022,2024,2025],[7,],[8,\table[[General Fund Revenues],[(Property Tax)]],Growth Rate=,$40,597,637.95,$46,916,715.13,$49,356,384.31,$51,922,916.30,$54,622,907.95,$57,463,299.16,$60,451,390.72,$63,594,863.04,$66,901,795.92
The Composite Deflators are .8936 for 2016 and 1.1188 for 2022, with 2021 as the Base Year.
The Exponent used for the exercise will be .14
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