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<br />Management Discussion and Analysis - Continued <br />April 20, 2005 <br /> <br />Economic Factors and Next Year's Budgets and Rates <br /> <br />. Property valuations within the City remain strong and growing. <br /> <br />. Inflationary trends in the region compare favorably to national indices. <br /> <br />All of these factors were considered in preparing the City's budget for the 2005 fiscal year. <br /> <br />Sewer and water rates have remained unchanged for several years. A rate increase was approved for 2005. <br /> <br />Requests for Information <br /> <br />This fmancial report is designed to provide a general overview of the City's finances for all those with an interest in the City's <br />fmances. Questions concerning any of the information provided in this report or requests for additional financial infonnation <br />should be addressed to the Finance Director, City of Centerville, 1880 Main Street, Centerville, Minnesota, 55038. <br /> <br />-XI- <br />