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AGENDA ITEM #5.1 <br /> City Of <br /> Pequott <br /> Lakes--s <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: September 2, 2014 <br /> Subiect: 2015 Preliminary Budgets and Levies <br /> Report: Attached are the 2015 preliminary budgets and levies. The <br /> preliminary levy is at $1,642,903. This represents a 10.38% increase <br /> from the 2014 levy. <br /> The deadline for setting the preliminary levy is September 15th. The <br /> amount set for the preliminary levy cannot be increased after it is set. <br /> Council Action Requested: Council motion adopting the attached <br /> resolution setting the 2015 tax levies. <br />