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07-17-17-WS
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07-17-17-WS
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Revenues <br />Type 2017 2018 % Change <br />Total General Fund Revenue 4,860,297 4,772,169 (1.8%) <br />Property Tax Levy 3,641,290 3,641,290 0.0% <br />• Property tax levy remains unchanged <br />•Reduced expected delinquent tax revenue based on historical trends <br />•State of Minnesota is reducing their building permit fee by approximately 25 <br />percent (City may adopt same rate) <br />• Water antenna revenue reduced as projected number of customers decreases <br /> <br /> <br /> <br />Please note: It is not yet known how market conditions and home values will affect <br />the property tax levy. <br /> <br />
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