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AGENDA ITEM No. 8 <br />STAFF ORIGINATOR Randy Schumacher, City Administrator <br />DATE September 7, 1995 <br />TOPIC Consideration of adopting the proposed 1995 Tax Levy, <br />Collectable in 1996 <br />........................ <br />GROW <br />Truth in Taxation requires the City of Lino Lakes to adopt a proposed 1995 levy on or <br />before September 15th of each year. <br />The proposed levy may be decreased when the final levy is adopted in December. The <br />final levy can not be more than the proposed levy. <br />The total levy includes dollars for the general operating budget as well as dollars for <br />general bonded debt. <br />The levy will be further reviewed by the City Council and staffbetwen September 15th <br />and November 25th, for changes if necessary. <br />1. Adopt the proposed 1995 tax levy, collectable in 1996. <br />looma <br />Option 1 <br />