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i <br /> 2008 Budget <br /> We are in the middle of preparing preliminary budgets for Council review. All <br /> departments have submitted their budgets, the Clerk's office along with the Mayor and <br /> Council liaisons are involved in this process. The Clerk's Office has met with all <br /> departments and has completed a draft budget. The Council will review all budgets on <br /> August 14tH <br /> Utility Rate Study <br /> We are currently working with Ehlers on the Utility Rate Study. Ehlers has indicated that <br /> they can have the study complete with a recommendation to Council by November. <br /> Economic Development <br /> The Clerk's Office is working with another business who is interested in purchasing a <br /> business park lot. The Council will hear about this at the Council meeting in August. <br /> Storm Water <br /> We have begun looking at existing storm water billing to ensure accuracy. The next step <br /> will be to input all information into the billing system for the Sibley Township property. <br /> This will be a long process. We will keep the Council updated on the progress. <br />