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CC Work Session 2. 1. <br />Meeting Date: 09/11/2012 <br />By: <br />Diana Lund, Finance <br />Title: <br />2013 General Fund Budget and Levy <br />Background: <br />Continued discussion of the General Fund Budget and Levy before adoption of proposed budget and levy this <br />evening. <br />At a special EDA meeting on September 6, 2012, the EDA elected to levy $169,853 which would hold their levy <br />constant with 2012. Included in the documents that have been presented to the city council at budget worksessions <br />was an EDA levy amount of $104,466. An EDA levy increase of $65,387 would increase the city's proposed tax <br />capacity rate from 44.71% to 45.02 %. <br />Another topic that may be addressed is the issuance of capital equipment certificates and /or leasing options for the <br />2013 capital included in the General Fund Budget. Staff has received leasing information and debt information in <br />relationship to the certificates (debt schedules attached). <br />Funding Source: <br />Not Applicable. <br />Council Action: <br />Further discussion of 2013 General Fund Budget and Levy and determination of proposed General Levy amount <br />for adoption at Tuesday's meeting. - <br />Attachments <br />Capital Equipment Certificates Not Including Leased Mower <br />Capital Equipment Certificates for all Capital Purchases <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 09/06/2012 03:30 PM <br />Form Started By: Diana Lund Started On: 09/05/2012 01:40 PM <br />Final Approval Date: 09/06/2012 <br />