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2008 Notice of Proposed Total Budget & Property taxes - Quad Press 12-4-2007
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2008 Notice of Proposed Total Budget & Property taxes - Quad Press 12-4-2007
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Page 8A Tuesday, December 4, 2007 <br /> QUAD COMMUNITY PRESS <br /> NOTICED OF PROPOSED <br /> TOTAL BUDGET AND PROPERTY TAXES <br /> The Centerville Council will hold a public hearing on its budget and on the amount of <br /> property taxes it is proposing to collect to pay for the costs of services the city will pro- <br /> vide in 2008. <br /> SPENDING: The total budget amounts below compare the city's 2007 total actual <br /> budget with the amount the city proposes to spend in 2008. <br /> 2007 Total Proposed 2008 Change from <br /> Actual Budget Budget 2007 -2008 <br /> $2,357,900 $2,441,600 3.55% <br /> TAXES: The property tax amounts below compare that portion of the current budget <br /> levied in property taxes in the City of Centerville for 2007 with the property taxes the <br /> city proposes to collect in 2008. <br /> 2007 Property Proposed 2008 Change from <br /> Taxes Property Taxes 2007 -2008 <br /> $1,915,900 $1,985,600 3.64% <br /> LOCAL TAX RATE COMPARISON: The following compares the city's current local <br /> tax rate, the city's tax rate for 2008 if no tax levy increase is adopted and the city's <br /> proposed tax rate for 2008. <br /> 2007 2008 Tax` Rate if 2008 Ptop sed <br /> Tax Rate NO 1eiry Increase T'1a r ' <br /> 45.740% 43.980% 45.808% <br /> Attend the Public Hearing <br /> All Centerville residents are invited to attend the public hearing of the City Council to <br /> express their opinions on the budget and on the proposed amount of 2008 property <br /> taxes. The hearing will be held on: <br /> Wednesday, December 12, 2007 at 6:30 p.m. <br /> Centerville City Hall <br /> 1880 Main Street <br /> Centerville, Minnesota <br /> If the discussion of the budget cannot be completed, a time and place for continuing <br /> the discussion will be announced at the hearing. You are also invited to send your <br /> written comments to: <br /> City of Centerville, Mayor <br /> 1880 Main Street <br /> Centerville, Minnesota 55038 <br />
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