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HRA BUDGET AND LEVY <br /> <br />The 2025 HRA Budget and Levy is proposed at the same amount as 2024, 0% Levy increase. <br /> <br />The 2025 Debt Related Levies and Street improvement Levies are proposed to increase by $0 over the 2024 <br />combined debt levies. The 2025 Street project includes a Street and Utility reconstruction, a mill and overlay <br />plan for streets and alleys, and a possible repaving of Central Park trail and basketball court. The transitioning of <br />the debt levy to infrastructure levy began with 2024 Levy. The 2025 debt levy certified will be $1,458,695. This is <br />a decrease of $468,039 compared to the 2024 debt levy. This decrease in levy will allow the City to increase its <br />Infrastructure Levy by the same sum. The results in a combined flat levy impact for the street improvement <br />program for a sixth consecutive year. <br /> <br />CAPITAL FUNDS <br /> <br />The 2025 Capital Improvement Program (CIP) levy is proposed to increase by $60,000. The 2025 Building <br />Improvement levy is proposed to increase by $17,500, the Park Improvement levy us proposed to increase <br />$15,000. These levy increases are recommended for the health of the city’s long-term capital improvement <br />plans. Council reviewed the Capital Improvement Plan in October. <br /> <br />41