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Tax Rate and Lew: <br />According to the attached tax rate and levy summary <br />information prepared by Nancy Malecha, the City <br />taxpayers will realize an increase in the City tax rate even <br />with a minor .27% levy increase. This is due in part to the <br />2012 Market Value Exclusion. <br />I have attached information prepared by Crow Wing <br />County on the 2012 Market Value Exclusion Program. <br />Council Action Requested: Staff will present the attached <br />budget and levy at the December public hearing unless <br />Council directs otherwise. No Council action is requested. <br />M, <br />