Truth in Taxation Update

I wanted to share some of the facts presented at last nights meeting.

The first set of numbers is the level of City expenditures by year:

2004----$ 1,576,920.00

2005----$ 2,168,170.00

2006----$ 2,856,136.00

2007----$ 3,481,635.00

2008----$ 3,495,443.00

The levy rate from 2002 to next years as will be presented December 18th.

Year-----Levy Rate

2002----77.17%

2003----77.75%

2004----73.85%

2005----74.21%

2006----68.41%

2007----64.66%

2008----59.91%

Our City expenditures have leveled off for 2008 and our tax levy continues to decrease.