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The Council indicated at the August 14th budget meeting <br /> that it would like to see how this increase affects the City's <br /> tax rate. The Council also noted that it may want this <br /> percentage reduced prior to the final levy which will be set <br /> in December. <br /> Nancy and I have met with all department heads and have <br /> informed them of the Council's wishes regarding possible <br /> budget cuts prior to the final levy. <br /> When we receive the information from the County to <br /> determine the tax rate, we will then address the Council <br /> regarding budget cuts. Hopefully, we can have this <br /> information to the Council in October. <br /> Council Action Requested: <br /> 1. Council motion setting the Preliminary General Fund <br /> Tax Levy for 2008 at $1,489,150 <br /> 2. Council motion setting the Preliminary HRA Levy at <br /> $31,000 <br />