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09.05 - City Budget and Levy
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10-04-2005 Council Meeting
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09.05 - City Budget and Levy
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2006 PROPOSED BUDGET/LEVY INFORMATION <br /> GENERAL FUND BUDGET <br /> REVENUES 2004 2005 2006 Percentage Percentage <br /> (proposed) Increase Increase <br /> 04 to 05 05 to 06 <br /> Receipts 109,792 119,907 137,352 <br /> General Levy 938,199 1,100,000 1,323,099 <br /> State Aids 103,358 96,145 101,173 <br /> TOTAL 1,151,349 1,316,052 1,561,624 14.3% 18.6% <br /> EXPENDITURES 2004 2005 2006 <br /> (proposed) <br /> Total Budget 1,151,349 1 1,316,052 1,561,624 14.3% 1 18.6% <br /> Total Levy 938,199 1 1,100,000 1,323,099 17.2% 20.2% <br /> LAST YEAR'S CITY TAX RATE INCREASES <br /> A$1,100,000 million dollar levy will increase property taxes as follows: <br /> General Service Area 3.69% <br /> Rural Service Area 1.84% <br /> Annex (Commercial, Industrial in Annexed Area) 9.86% <br /> PROPOSED 2006 CITY TAX RATE INCREASES <br /> A$1,323,099 million dollar levy will increase property taxes as follows: <br /> General Service Area 3.27% <br /> Rural Service Area 1.64% <br /> Annex (Commercial, Industrial in Annexed Area) 10.54% <br /> A$1,300,000 million dollar levy will increase property taxes as follows: <br /> General Service Area 1.81% <br /> Rural Service Area 0.91% <br /> Annex (Commercial, Industrial in Annexed Area) 9.48% <br />
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