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Rf- <br />MEQUEST FOR COUNCIL ACTION <br />Date.- 05/23/11 <br />Item No..- 13 - g - amended <br />City Manager Approval <br />Item Description.- Discuss Setting a Preliminary 2012 Property Tax Levy <br />MI <br />2 As part of the Council's 2012 Budget Calendar, the Council agreed to establish a preliminary not-to-exceed <br />3 property tax levy at the May 23, 2011 Council meeting. This levy will guide the development of a City <br />4 Manager Recommended Budget, and could be used to provide citizens with a preliminary tax impact <br />5 projection. <br />"7 In an effort to further assist the Council in setting the preliminary property tax levy, Staff has prepared a <br />number of 'decision packages' that highlight the projected need for property tax increases in 2012. These <br />9 decision packages are shown below. <br />'10 <br />2012 Property Tax Levy Decision Packages <br />12 <br />................................ I ........................................................................ ........................................................................................................ <br />$60,000 - New Contractual <br />Obligations in�c�luding dispatc�hl, <br />legal, and audit services. <br />......................................................................................................... I ...................................................................................................... <br />$46,000 - Motor Fuel & Energy- <br />related costs. <br />1 . ...... . ... . .... <br />$400,000 - Vehicle & Equipment <br />rep lac�emen� tf�`g. <br />.................................................... I ........................................................................................................................................................... <br />$16,000 - Property, Casualty, and <br />Work Comp insurance premiums. <br />..................................................... I .......................................................................................................................................................... <br />$20,000 - Supply and Maintenance <br />materials inflation�ary costs. <br />IJ <br />$101.1000 - Employee c�ost-of-living <br />wage and healthcare costs. <br />30 <br />31 In total,, these tax levy decision packages amount to $,643,000 in new obligations for 2012. <br />32 <br />wp, � <br />