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AGENDA ITEM #4 <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: December 3, 2007 <br /> Su :Truth In Taxation Public Hearing <br /> Report: Attached. <br /> Council Action Requested: Discuss and seek public <br /> comment on the City's proposed 2008 budget and <br /> `- proposed 2008 property tax levy. Council recognizes <br /> budget and will adopt final budget on December 18, 2007. <br />