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CC PACKET 09082020
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CC PACKET 09082020
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9/3/2020 8:33:06 AM
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9/3/2020 8:21:49 AM
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SUMMARY OF 2021 BUDGET <br />•General Fund operating budget totals $7,695,184, supported by a <br />property tax levy of 4,754,650 <br />•Personnel costs represent 70.2% of General Fund expenditures: <br />•Costs up $162,175 or 3.1% <br />•Insurance expenditures up $41,986 <br />•Contracted services up $34,848 <br />•Increase in Local Government Aid $30,833 <br />•Capital Funds levies increased by $60,000 <br />•Increase in all levies totals $256,137 or 3.37% <br />WHAT DOES THE GENERAL FUND <br />LEVY SUPPORT? <br />•The following city services: <br />Administration <br />Police <br />Fire <br />Public Works <br />Finance <br />Parks <br />•In 2020 the average homeowner paid $1,270.94 for City services <br />Home valued at $322,000 <br />$105.91/month <br />28
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