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i <br /> i <br /> Council Report—Budget <br /> August 14, 2007 <br /> '1 <br /> Council Action Requested: Council review of attached <br /> budgets. The Council should give direction to staff <br /> regarding any amendments to these budgets. Staff will then <br /> make the amendments and bring the budgets back to the <br /> Council on September 6th so that the Council can set a <br /> preliminary levy amount. <br /> The preliminary tax levy must be set by September 15. This <br /> number can be decreased but not increased prior to setting <br /> the final levy. <br /> Please feel free to call or stop in if you have any questions <br /> regarding the budgets or the budget process. <br />