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Changes to the 2009 Levy <br />Paid Off the 1999A & 2003D Road <br />Improvement Bonds. <br />Reduction in the levy = $87,000. <br />Silver Lake Road Improvement Bonds. <br />Added to the Road Levy. <br />Impact is Offset by $37,000 Reduction in Levy. <br />Emerald Park - Redevelopment <br />Increased Tax Abatement Levy by $50,000. <br />Reduction in the Road Improvement Levy = $50,000. <br />y Net Effect = No Increase in Property Taxes. <br />Next Steps in the Budget Process <br />Truth -in -Taxation Notices — November 12, 2008 <br />Questions - Call the Finance Director (Roger Larson). <br />(612) 782-3316 <br />Truth -in -Taxation: <br />Monday, December 8, 2008 - 7:00 PM. <br />Presentation of 2009 General Fund Budget and <br />Property Tax Levy <br />-- - ------ ........- - - <br />