2009-09-09 CC Agenda - Laserfiche WebLink

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2010 Proposed Total Budget and Property Taxes The Centervnle city COUIlCU will hold a public hearing on its budget and 00 the amount of property taxes it is prDPDBing to collect to pay for the CDSt of services the city will provide in 2010. SPENDING: The tDlal budget amounts below compare the city's 2009 total actual budget with the amount the city proposes to spend in 2010. $ 2,246,420 Propoaed 2010 Budget $ 2,244,470 Change from 2008 . 2009 2009 Total Actual Budget -ll.09% TAXES: The property tsx amounts below compare that portion of the current budget levied In property taxes In the City of Centerville for 2009 with the property taxes the city proposes to collect in 2010. $ 2,043,820 Proposed 2010 Property Taxes $ 2,316,537 Change from 2008 - 2009 2009 Property Taxes 13.34% LOCAL TAX RATE COMPARISON: The following compares the city's current local tax rate, the city's tax rate for 2010 If no levy increase is adopted, and the city's proposed tax rate for 2010. 2009 Tax Rate 2010 Tax Rate If NO Levy Increase 2010 Proposed Tax Rate 46.251% 49.583% 57.234% Attend the Public Hearing All Centervnle City residents are Invited to attend the public hearing of the city council to express their opinions on the budget and on the proposed amount of 2009 property taxes. The hearing will be held on: Wednesday, December 9th, 2009 at 6:30 p.m. Centervllle City Hall 1880 Main Street Centervnle, Minnesota If the discussion of the budget cannot be completed, a time and place for continuing the discussion will be announced at the hearing. You are also Invited to send your written comments to: City of Centerville, Mayor 1880 Main Street, Centerville, Minnesota 55038 44