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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 encourage new businesses to locate in the community. <br />.2008 <br />Actual <br />2009 2010 2011 <br />Actual Adopted Adopted <br />Expenditures <br />Personal Services <br />86,707 <br />90,414 <br />87,651 <br />90,227 <br />Supplies <br />Other Services /Charges <br />Contracted Services <br />Capital Outlay <br />Total <br />107 <br />1,296 <br />70,114 <br />0 <br />158,224 <br />0 <br />2,801 <br />800 <br />0 <br />150 <br />11,600 <br />0 <br />94,015 <br />99,401 <br />150 <br />49,900 <br />0 <br />0 <br />140,277 <br />2008 <br />Actual <br />Personnel Schedule <br />Economic Dev Asst. <br />Total <br />1.00 <br />1.00 <br />1.00 <br />1.00 <br />1.00 <br />1.00 <br />2011 <br />Adopted <br />1.00 <br />1.00 <br />Payments for tax abatement agreements have been included within the economic <br />development budget since 2004 and were concluded in 2008; therefore, the budget for <br />the contracted services function is reduced significantly in 2009 and thereafter. A <br />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 />