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03 - 2008 Budget Work Sessions
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08-14-2007 Special Council Meeting
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03 - 2008 Budget Work Sessions
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i <br /> AGENDA ITEM #3 <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: August 14, 2007 — 6:00 p.m. <br /> Subiect: 2008 Budget Work Session <br /> Report: The proposed 2008 budgets are attached. <br /> Department heads will be present to review budgets. <br /> General Fund Budgets <br /> The attached budgets project a preliminary general fund tax <br /> levy of$1,498,310. This represents a $13 8,310 increase <br /> (9.45%) from 2007. To give you a perspective of this <br /> number, past levy increases are listed below. <br /> • 2004 - 2005 = $161,801 levy increase <br /> • 2005 — 2006 = $200,000 levy increase <br /> • 2006 — 2007 = $60,000 levy increase <br /> • 2007-2008 = $138,310 proposed preliminary levy <br /> increase <br />
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