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City Council Minutes <br />November 3, 2014 <br />10.2 2015 Budget <br />Page 7 <br />Mr. Simon provided an overview of the 2015 budget. He explained that since the gas <br />prices have come in lower than expected, they are able to reduce the levy change from <br />1.93% to 1.66 percent. He noted that the city tax rate is now projected to 47.11 %. Mr. <br />Simon stated that an additional worksession can be held Nov. 17, if needed, with <br />presentation of the budget for approval at the Dec. 1 City Council meeting. <br />II. Adjournment <br />There being no further business, Mayor Dietz adjourned the meeting of the Elk River City <br />Council to the worksession at 8:26 p.m. <br />Minutes prepared by Debbie Huebner. <br />4 J n J ietz, Wyor <br />Tina Allard, City Clerk <br />�U�FAEtI Bi <br />INATUREI <br />