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Last Three Year’s Budgets <br />•Local Government Aid (LGA) to the City has been partially <br />restored <br />$38,729 for 2007 <br />$121,371 for 2008 <br />$642,866 for 2009 <br />•Transfers from the Levy Reduction Fund along with Insurance <br />savings and other expenditure reductions, cutbacks in capital <br />outlays and no major construction projects (2007 and 2008) has <br />allowed the City to propose no levy increase for 4 years. (2006, <br />2007, 2008, and 2009) <br />•For 2010 and 2011, the City will be subject to state imposed levy <br />limits. <br />•The state budget will have significant holes to fix and our <br />increase in LGA may be a target.