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2011 Total Proposed Levy <br />.z <br />2010 2011 <br />General Fund <br />$2,945,511 $2,945,511* <br />Road Improvements <br />$1,246,414 $1,299,683 <br />Lease Revenue Bonds <br />$ 403,263 $ 406,676 <br />HRA Levy <br />$ 110,500 $ 110,500 <br />Tax Abatement <br />$ 76,257 $ 145,066** <br />PERA Levy <br />$ 7,500 $ 7,500 <br />Total Levy <br />$4,789,445 $4,914,936*** <br />*0% Increase in 2011 General Fund Levy. <br />"Offset by $68,809 Decrease in Road Improvement Levy <br />"Total increase in all Levies/Taxes <br />— $125,491. <br />State Legislature <br />- 2008 Legislature Approved the <br />Implementation of Levy Limits. <br />Years 2009, 2010 & 2011. <br />, General Fund Levy Limit is Set by <br />MN Department of Revenue: <br />2011 Levy Limit $3X4,117 <br />117 <br />7 <br />Proposed 2011 Levy $2,945,511 <br />Amount Under Levy Limit $ 108,6011 <br />