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<br />PRELIMINARY BUDGET AS PRESENTED SEPTEMBER 10, 2008 <br /> <br />SPENDING: The total budget amounts below compare the city's 2008 <br />total actual budget with the amount the city proposes to spend in 2009. <br /> <br />2008 Total <br />Actual Budget <br /> <br />Proposed 2009 <br />Budget <br /> <br />Change from <br />2008 - 2009 <br /> <br />$ 2,441,600 <br /> <br />$ 2,604,320 <br /> <br />6.66% <br /> <br />TAXES: The property tax amounts below compare that portion of the <br />current budget levied in property taxes in the City of Centerville for 2008 <br />with the property taxes the city proposes to collect in 2009. <br /> <br />2008 Property <br />Taxes <br /> <br />Proposed 2009 <br />Property Taxes <br /> <br />Change from <br />2008 - 2009 <br /> <br />$ 1,985,600 <br /> <br />$ 2,043,820 <br /> <br />2.93% <br /> <br />LOCAL TAX RATE COMPARISON: The following compares the city's <br />current local tax rate, the city's tax rate for 2009 if no levy increase is <br />adopted, and the city's proposed tax rate for 2009. <br /> <br />2008 <br />Tax Rate <br /> <br />2009 Tax Rate if <br />NO Levy Increase <br /> <br />2009 Proposed <br />Tax Rate <br /> <br />45.808% <br /> <br />45.808% <br /> <br />47.329% <br />