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Budget SummaryBudget Summary2010 General Fund significant budget items• The City reduced spending by $413,880• The State “Unalloted” Local Government Aid over the last two years totaling $294,963 and is projecting further reductions in 2010 of $340,000. • Other non-property tax revenues are projected to decline $170,408, this will increase the pressure on the property tax.• General Fund reserves of $132,790 will be used to balance the 2010 General Fund budget.