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2003_0915_packet
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2003_0915_packet
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Notice of Proposed <br />Total Budget and Property Taxes <br />The Spruceville city council ■ d a public hearing + budget and i <br />the amount of property taxes it 'is proposing to collect to pay for the costs <br />of ■ r e in 2004 <br />total SPE11DING: The total budget amounts below compare the city's 2003 <br />budget with the amr unt the city proposes to 2004. <br />2003 Total <br />Actual Budgq!L <br />$207000,000 <br />Proposed I M <br />Budget <br />$201840,000 <br />Change from <br />2003 —2004 <br />1 <br />TAXES: The property tax amounts below compare that portion of the <br />current budget levied in property taxes in the city of Spruceville for 200 <br />with the property taxes the city proposes II; <br />2003 Property Proposed 2004 Change from <br />Taxes Propeq Taxes 2003 —2004 <br />$5,000,000 $514001000 8.0% <br />LOCAL TAX RATE COMPARISON: The following compares the city's <br />current local tax rate, rate o 2004 tax levy increase is <br />adopted, and the city's proposed tax rate for 20040 <br />01' Ir Rate if 2004 i <br />Tax Rate NO Levy Increase Tax Rate <br />25.000% fll 24-039% 25,962% <br />11 imp <br />All # ruceville City residents are invited to attend the public <br />city r <br />council r ress their opinions on the budget i on o r <br />amount of 2004 property taxes. The hearing will be held-on: <br />Ilednesday, D 1' r <br />Spruceville City -Hall <br />Spruce Streeit <br />Spruceville <br />N the discussion of the budget cannot be completed, a time and place for <br />-.?.%.ontinuing the discussion will be announced at the hearing. You are alss <br />:nvited to send your written comments to: <br />City of Spruceville, Mayor's <br />321 Spruce Street, Spruceville, MN 55550.0 <br />Attachment B Rev. 06/27103 <br />
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