My WebLink
|
Help
|
About
|
Sign Out
Home
Search
01-11-2007 Charter Packet
LinoLakes
>
Charter
>
Packets
>
1981 - 2021 Packets
>
2007 Packets
>
01-11-2007 Charter Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/27/2021 5:43:01 PM
Creation date
9/8/2017 11:33:50 AM
Metadata
Fields
Template:
Charter Commission
Charter Meeting Type
Regular
Charter Document Type
Packets
Supplemental fields
Date
1/11/2007
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
73
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Memorandum <br />Date: January 4, 2007 <br />To: Charter Commission <br />From: Gordon Heitke <br />Re: Five Year Plan Update <br />/ e i— 7 , <br />As some of you are already aware, the City Council conducted a public hearing and <br />subsequently adopted the Five Year Financial Plan on December 18, 2006. Comments <br />were offered by one citizen at the hearing. I believe that this plan provides a more <br />accurate look to future needs and related costs as it incorporates the recommendations <br />and policies established in the Pavement Management Program and addresses some long <br />term financial issues that were addressed by the Council during financial workshops held <br />during 2006. <br />An important component of the financial plan is forecasting the future tax capacity of the <br />city. This plan includes two scenarios for how market value increases will be affected by <br />the current and near future housing market. Both scenarios reflect the current poor <br />housing market, with one scenario showing a slowly recovering market and the other <br />scenario being an extended poor market. Both of these conservative scenarios result in a <br />projected a tax rate decline in 2011 from the 2006 rate. <br />The copy of the Five Year Financial Plan that was previously sent to you was adopted <br />with no changes. <br />
The URL can be used to link to this page
Your browser does not support the video tag.