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AGENDA ITEM 3F <br />STAFF ORIGINATOR Mary M. Vaske <br />DATE <br />TOPIC <br />September 5, 1996 <br />Consideration of adopting the proposed 1996 Tax Levy, collectable <br />in 1997. <br />Truth in Taxation requires the City of Lino Lakes to adopt a proposed 1 i tax levy on or. <br />September 15th of each year. <br />The proposed levy may be decreased when the final levy is adopted on December 5th. The final <br />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 general <br />bonded debt. <br />The levy will be further reviewed by the City Council and staff between September 15th and <br />November 22nd, for changes if necessary. <br />1 Adopt the proposed 1996 tax levy, colleectable in 1997. <br />Option 1 <br />