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04 - 2013 Preliminary Budget Review
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04 - 2013 Preliminary Budget Review
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� <br />`.. <br />�. <br />City of <br />Pequot <br />Lakes - <br />Date: <br />AGENDA ITEM #4 <br />REPORT TO <br />CITY COUNCIL <br />August 21, 2012 — 6:30 p.m. <br />Subiect: 2013 Preliminary Budget Review <br />Report: The proposed 2013 preliminary budgets are <br />attached. Department heads will be present to review <br />budgets. <br />General Fund Budgets - Tax Lew <br />The attached General Fund budgets project a preliminary <br />tax levy of $1,650,324. This represents a$158,798 <br />increase (9.62%) from 2012. To give you a perspective of <br />this number, past levy increases are listed below. <br />• 2007 - 2008 = $98,000 levy increase <br />• 2008 — 2009 = $16,000 levy increase <br />• 2009 - 2010 = ($28,000) levy decrease <br />• 2010 — 2011 = $33,000 levy increase <br />• 2011 — 2012 = $12,5261evy increase <br />
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