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42 <br />2015 Budget Calendar <br />·:· August 26, 2014: Presentation of the proposed 2014 op e r a ting <br />budge t & property tax levy to th e C ity Council <br />·:· Se pte mber 9, 2014: Resolution <br />·:· Resolution setting the proposed 2015 operating budget a nd <br />property tax levy <br />·:· Sept-Dec: City Manager & Staff meetings to confirm <br />parame ters a nd es timates used in budgeting process <br />·:· Decembe r 9, 2014: Presentation of 2015 operating budge t and <br />levy <br />·:· Adoption of 2015 o perating budget and p roperty ta x levy <br />2015 Budget Parameters <br />• Revenues budgeted using current trends for <br />variable revenue sources and conservative <br />estimates for stable revenue sources <br />• City receives Local Government Aid <br />• Expenses budgeted at amounts that will <br />maintain present level of City services <br />12/3/2014 <br />2