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10.02 Reivew of 2020 Budget Expenditure Reductions
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06-02-2020 City Council Meeting
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10.02 Reivew of 2020 Budget Expenditure Reductions
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• TOTAL REDUCTIONS = $69,030 <br /> Please know that these reductions should not be used to offset 2021 budgetary <br /> expenditures, as there will be revenue shortfalls in 2020 due to reductions initiated <br /> for the COVID-19 pandemic relief efforts (liquor license fees, possibly local <br /> government aid, rent, etc.). Also, one very big unknown at this time is the impact <br /> the pandemic will have on the City's property tax revenue received in 2020 and <br /> potentially beyond. <br /> Council Action Requested: Council discussion on the list of potential reductions <br /> to the City's 2020 budgetary expenditures. <br />
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