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CC PACKET 09122023
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CC PACKET 09122023
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9/8/2023 8:34:42 AM
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9/8/2023 8:26:59 AM
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9/7/2023 <br />12 <br />2024 PROPOSED LEVIES <br />2024 Proposed 2023 Actual <br />$ Increase <br />($ Decrease) % Change <br />General Fund $5,938,338 $5,479,630 $458,708 8.37% <br />HRA Fund $209,414 $209,414 $0 0% <br />Debt Service Funds $1,926,734 $2,487,181 (560,447)-22.53% <br />Capital Improvement $368,200 $338,200 $30,000 8.87% <br />Building Improvement $98,000 $93,000 $5,000 5.38% <br />Infrastructure Improvement $635,447 $70,000 $565,447 807.78% <br />Park Improvement $15,000 $10,000 $5,000 50% <br />Total Change $503,708 5.80% <br />IMPACT OF DEBT LEVY RELIEF <br />Debt Levy will be $1,926,734 for levy year 2024, a $550,447 decrease in levy. <br />The Infrastructure Levy will increase by $565,447 to be used for future street improvements. <br />The combined levies results in a zero levy increase for the Street improvement program costs for the 5th year in a row <br />Phase II Process to reduce reliance on Debt to pay for street improvements. <br />35
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