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11-24-2009 Council Work Session Packet
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11-24-2009 Council Work Session Packet
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General Fund Revenue Hi� h�ts <br /> Construction-related revenues are decreasing based on the slow-down in housing construction. Police <br /> service revenues are proposed to decrease $90,000, or 9.7%, to reflect the current service contract <br /> negotiations. <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. The increases required for debt <br /> service will be much lower in future years. <br />
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