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5.0. SR 08-31-1998
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5.0. SR 08-31-1998
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8/31/1998
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1999 Budget Memo <br />August 31, 1998 <br />Page 9 <br /> <br />Motion approving the HRA tax levy resolution. <br /> <br />Motion to adjust debt levies per recommendation of the Assistant City <br />Administrator (Lori will have a handout and make a presentation on <br />these adjustments at the worksession). <br /> <br />Motion approving the city tax levy resolution. <br /> <br />Motion calling for the city Truth in Taxation public hearing on the tax <br />levy and budget for December 2, 1998, with a continuation date of <br />December 9, 1998. <br /> <br />The issues noted above require City Council action no later than early <br />September in order for information to be certified to the county by September <br />15, 1998. <br /> <br />As previously noted, in order for the finance department to put together the <br />tax levy resolution, some decisions by the City Council will need to be made <br />in the very near future. These decisions include: <br /> <br />2. <br /> <br />3. <br /> <br />4. <br /> <br />How the city will finance the Lake Orono project <br /> <br />What level the equipment certificates will be at in 1999 <br />How the city plans to finance eliminating the 1996-97 Ice Arena deficit <br />Whether or not the City Council is comfortable approving the <br />maximum levy allowed by law <br /> <br />Attachment______as <br /> <br />· 1999 general fund revenues <br />· Ice Arena budget <br />· 1997 tax rate information <br /> <br /> <br />
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