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Agenda Packets - 2015/12/07
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Agenda Packets - 2015/12/07
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Last modified
1/28/2025 4:51:34 PM
Creation date
6/19/2018 5:26:13 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/7/2015
Supplemental fields
City Council Document Type
City Council Packets
Date
12/7/2015
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Prior Year’s Budgets <br />Local Government Aid (LGA) to the City has fluctuated but has stabilized with a more stable state economy. <br />$484,724 for 2011, withheld $252,646 <br />$232,078 for 2012, withheld $0 <br />$232,078 for 2013, withheld $0 <br />$597,024 for 2014, withheld $0 <br />$655,951 for 2015, withheld $0 <br />Market Value Homestead Credit was eliminated for 2012 and beyond <br />Tax Levy <br />No levy increase in 2006, 2007, 2008, 2009, 2012, 2013 Street levy in 2010 7.9% or $300,000 <br />General Fund in 2011 2% or $80,993 <br />General Fund in 2014 2% or $83,629 <br />General Fund in 2015 2% or $85,300 <br />General Fund proposed 1% for 2016 or $43,503 <br />17
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