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2005 Annual Budget Adopted
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2005 Annual Budget Adopted
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2005 Annual Budget Adopted
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Economic Development <br />The Economic Development Department is responsible for the encouragement of <br />growth of new business and industry and offers support to existing businesses. The <br />goal is to provide a balance of residential and business properties to enhance the tax <br />base within the city. Long range planning is conducted through the updating of the <br />Comprehensive Plan. This department provides information and processes applications <br />for tax increment financing to entice new businesses into the community. <br />Expenditures <br />Personal Services <br />64,370 <br />66,938 <br />71,908 1 78,671 <br />Supplies <br />106 <br />87 <br />500 1 0 <br />Other Services /Charges <br />2,180 <br />10,804 <br />9,450 1 12,450 <br />Contracted Services <br />9,030 <br />31,150 <br />15,000 1 138,000 <br />Capital Outlay <br />462 <br />0 <br />0 <br />0 <br />Total <br />76,148 <br />108,979 <br />96,858 229,121 <br />Personnel Schedule <br />Community Dev Director <br />Economic Dev Director <br />0.75 <br />Economic Dev Asst. <br />1.00 <br />1.00 <br />1.00 <br />1.00 <br />Community Dev Secretary <br />Total <br />1.75 <br />1.00 <br />1.00 <br />1.00 <br />Administration and distribution of approved tax abatements has been included within the <br />— <br />economic development budget for 2005. <br />
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