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General Fund Revenue Hi�i�hts <br /> Construction-related revenues are decreasing based on the slow-down in housing construction. Police <br /> service revenues are proposed to decrease $68,000, or 7.3%, to reflect the current service contract <br /> negotiations. A table showing the revenues proposed to fund the General Fund budget is attached. The <br /> current proposed budget has a negative variance of$220,000. <br /> Debt Service Levies <br /> The total levy for debt service is increasing by $68,914, or 9.81%, to reflect the increased levy for <br /> the 2008 Street Reconstruction Bonds. The City will utilize a special levy in order to increase the <br /> debt service levy by an amount greater than the current levy limit. <br />