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Subject: Communication from Mayor Dickert submitting the 2011 proposed budgets for the General Fund, Special Revenue Funds, Debt Service, Enterprise Funds, Utilities, and Internal Service Funds. (Res.10-2286)
Recommended: that the Item be approved.
Fiscal Note: The adopted operating budget results in a tax levy of $45,876,314 and a tax rate of $11.4551 based on a total assessed value of taxable general property of $4,004,891,800. The 2011 General Obligation Debt will provide $8,325,500 in funding for budgeted Capital Projects. Copies of these budgets and supporting documentation are on file in the Office of the Finance Director.