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<br />resident. She added that during the Council meeting she would explain the difference between <br />the levy and the market value. <br /> <br />Motion by Councilmember Jeffrey and seconded by Councilmember Strommen to adopt the <br />resolution approving the proposed Maximum 2006, Payable 2007, Tax Levy. <br /> <br />Further discussion: Ms. Lund stated that if there are concerns with the budget, the Council can <br />work with staff. She is concerned we are in a down cycle of development and we need to be <br />very prudent to not overstep our bounds. We can cut some costs and, if necessary, bring it back <br />at a later date. <br /> <br />Motion carried. Voting Yes: Councilmembers Jeffrey and Strommen. Voting No: <br />Councilmember Elvig. <br /> <br />Case #6: <br /> <br />Review and Adopt "Proposed" 2007 General Fund Budget <br /> <br />Councilmember Strommen stated that Council went through the entire budget at the last work <br />session. The amount for 2007 is $10,705,415 and the amount for 2006 was $10,162,600. <br /> <br />Councilmember Elvig stated he has his same comments. <br /> <br />Motion by Councilmember Jeffrey and seconded by Councilmember Strommen to recommend <br />that the City Council adopt the resolution adopting the "proposed" 2007 General Fund Budget. <br /> <br />Motion carried. V oting Yes: Councilmembers Jeffrey and Strommen. Voting No: <br />Councilmember Elvig. <br /> <br />Case #7: <br /> <br />Adopt Resolution Amending Recycling Fee for 3rd Quarter 2006 <br /> <br />Motion by Councilmember Elvig and seconded by Councilmember Jeffrey to recommend <br />Council adopt the resolution amending third quarter recycling rates to $6.00/quarter. <br /> <br />Motion carried. Voting Yes: Councilmembers Elvig, Jeffrey and Strommen. Voting No: None. <br /> <br />Councilmember Elvig expressed his appreciation to staffwith having a "good eye on the ball"; it <br />benefits our residents. <br /> <br />ADJOURNMENT <br /> <br />Motion by Councilmember Jeffrey and seconded by Councilmember Strommen to adjourn the <br />Finance Committee meeting. <br /> <br />Motion carried. V oting Yes: Councilmembers Jeffrey, Strommen and Elvig. Voting No: None. <br /> <br />The regular meeting of the Finance Committee adjourned at 6:55 p.m. <br />