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Fiduciary Perspective <br />"If we succeed, how will we look to our <br />property owners?" <br />Maintain the City's AA+ rating <br />The AA+ Rating was reaffirmed with <br />2017 bond sale. <br />Maintain a stable tax levy rate <br />Tax capacity rate reduced from 43.32% <br />in 2016 to 42.46% in 2017, consistent <br />with past years. Expected to remain <br />stable, with a slight reduction to 41.66% <br />proposed in 2018. <br />Economic Development Director to initiate <br />economic development efforts <br />2017 EDA work plan identified, <br />prioritized, and monitored economic <br />development initiatives. Major <br />initiatives for 2017 including: Business <br />retention and expansion, recruitment <br />for restaurants and retail, COR <br />development, Highway 10/RALF <br />acquisitions, and selling of surplus City <br />land. <br />