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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 departrnent provides information and processes applications <br />for tax increment financing to encourage new businesses to locate in the community. <br />Expenditures <br />Personal Services <br />86,451 <br />90,643 <br />90,008 <br />91,388 <br />Supplies <br />13 <br />0 <br />150 <br />Other Services/Charges <br />45,569 <br />51,564 <br />44,900 <br />54,150 <br />Contracted Services <br />534 <br />0 <br />0 <br />0 <br />Capital Outlay <br />0 <br />0 <br />0 <br />0 <br />Total <br />132,567 <br />142,207 <br />135,058 <br />145,688 <br />Personnel Schedule <br />Economic Dev Asst. <br />1.00 <br />1.00 <br />1.00 <br />1.00 <br />Total <br />1.00 <br />1.00 <br />1.00 <br />1.00 <br />A lodging tax was implemented in 2010 at the encouragement of local hotels. The <br />proceeds of the tax are remitted to MN Metro North Tourism to be used toward <br />marketing for the lodging facilities within the City. <br />D-37 <br />