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Preliminary Budget and Levy
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08-08-2006 Special Council Meeting
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Preliminary Budget and Levy
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REPORT TO <br /> CITY COUNCIL <br /> Date: August 8, 2006 — 5:30 p.m. <br /> Suect: Preliminary Budget and Levy <br /> Report: The Council will be asked to review all budgets <br /> on August 8th. The budgets listed as Enterprise funds do not <br /> affect the tax levy. All budgets listed under the General <br /> Fund will affect the levy. <br /> General Fund Budgets <br /> This year the proposed preliminary levy is $1,388,900. To <br /> give you a perspective of this number I will review the past <br /> levy increases. <br /> • 2004 - 2005 = There was a $161,801 levy increase <br /> • 2005 — 2006 = There was a $200,000 levy increase <br /> • 2006 — 2007 = Proposed $88,900 levy increase <br /> Budget Requests <br /> I have included information in this packet regarding budget <br /> requests from different organizations: <br />
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