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08-22-2016 Council Work Session Packet
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08-22-2016 Council Work Session Packet
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Budget Decisions <br />Included <br />in Budget Description <br />Impact <br />Navarre Area Plan <br />y <br />This is a $30,000 new budget item <br />$10,000 added for Mapping <br />Comp Plan <br />y <br />$ 9,450 added for Meetings <br />This increased the budget by $20,000 <br />The budget includes an additional $218,506 <br />Road Funding <br />Partial <br />in tax levy for roads. A fully funded road plan <br />Would require additional funding source <br />requires an additionl $650,000. <br />Tax, Franchise Fees, Bonding <br />Intererest rate are historically low. The <br />Refund 2008 Bonds <br />N <br />City can save money by refunding the bonds. <br />Average Interest Savings of $29,100 <br />The City would contract with NCI to clean <br />Navare Community Initiative Funding <br />N <br />parks as a way to support the organization <br />Would Increase Budget $5,000 <br />As part of the draft golf course plan the <br />Golf Course Plan <br />N <br />advertising budget would be increased. <br />Would Increase Budget $2,000 <br />Orono Budget - 2017 Attachment H <br />
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