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08-22-1990 Additions
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08-22-1990 Additions
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7/19/2013 2:38:08 PM
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7/19/2013 2:37:50 PM
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*General Fund <br />Debt Service <br />Total Levy <br />Payable Payable <br />1990 1991 I <br />979,382 1,046,140 <br />617,648 664,525 <br />1,597,030 1,710,665 <br />Dollar <br />ncrease <br />66,758 <br />46,877 <br />113,635 <br />Percentage <br />Increase <br />6.81% <br />7.59% <br />7.12% <br />*subject to State levy limitations (maximum) <br />* General Fund represents a 4.18% increase in total levy. <br />* Debt Service represents a 2.94% increase in the total levy. <br />* Fire Station Debt Service accounts for $130,000 in 1991 and a <br />$38,267 increase over 1990! <br />General Fund Levy is also absorbing a continuation of the $26,901 <br />reduction in local government aid sustained in 1990. Therefore, <br />new dollars available to the General Fund in 1991 totals only <br />$39,857! This represents only a 2.50% increase in the total <br />levy! <br />* With new money limited and with a large increase facing us in <br />police costs, we will have to spend existing dollars more <br />efficiently and look for new revenue sources beyond property <br />taxes! <br />Page 18 <br />
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