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12/18/2006 Council Packet
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12/18/2006 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/18/2006
Council Meeting Type
Regular
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2011 will be less than the current tax rate. This indicates that the increase in tax base is expected to be <br />strong enough to absorb future service needs and costs. <br />State statutes in existence at the time this Plan is prepared were used to calculate availab <br />capacity and taxing authority. More detailed assumptions and factors are listed throu <br />document. <br />As is the nature of such long -range plans, the forecasts made for the later ye. ,,, ".,�° are more <br />tenuous as these estimates are subject to a number of forces beyond the coca'" f the : authors. <br />These forces include economic cycles, inflationary pressures, legislative an • olitical ch <br />emergencies and acts of God, etc. These variables will need to be a• • d in future revisi <br />Plan. Because of these variables it is impossible to predict with a i P egree of accuracy the c <br />needs and the resources that will be available to meet those nee • s e Plan progresses. Therefo <br />is imperative that this plan be used as a guide for future fin anning for - City and should no <br />viewed as statements of fact or be relied upon for budg purposes It •® also be recognized <br />that this is not a budget and does not constitute authorizatioritoi ture s g. The only thing that is <br />certain is that conditions will change throughout the term of this "N e plan must remain flexible <br />to adjust to these changing conditions. <br />The Plan, while adopted annually, is a work and must be re and revised in order to <br />s , • <br />stay viable. This plan will serve as the foun•` � # •£• • �" future plan e developed and <br />refined. While this plan is a guide, it does po • 5 - • ove ` • fat the F cial needs of the City <br />are anticipated to be over the five -year term of e, the City must be poised <br />to adjust to and accommodate such changes wig p ; at is h' "" tie challenge and the goal. <br />Respectfully submitted, <br />Alan Rolek <br />Direc <br />2 <br />• <br />
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