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2009 Budget As Proposed

2009 Budget As Proposed. 2009 Budget As Proposed. 2009 Budget As Proposed. 2009 Budget As Proposed. 2009 Budget As Proposed. Options to consider. Curtail Services Permanently Close some Parks or Recreation Facilities Permanently Close a Fire Station

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2009 Budget As Proposed

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  1. 2009 Budget As Proposed

  2. 2009 Budget As Proposed

  3. 2009 Budget As Proposed

  4. 2009 Budget As Proposed

  5. 2009 Budget As Proposed

  6. Options to consider • Curtail Services • Permanently Close some Parks or Recreation Facilities • Permanently Close a Fire Station • Raise Stormwater Fees – eliminate cross subsidy from tax revenues • Raise Property Tax Millage Rate • Eliminate all or most new capital improvements financed from LRMC revenues

  7. Options to consider • Increase utility rates above market and use the additional revenues as an additional dividend revenue to the General Fund • Eliminate Reserve Funds – approximately $8 million (equivalent to 30 days of operating costs) • Curtail non essential subsidies such as Community Services Grants

  8. Actions taken by the City of Lakeland Increased Property Tax Rate – rollback rate 1,900,000 Eliminated cross subsidy of Stormwater Costs 1,100,000 required a stormwater fee increase Eliminated Community Support Service Grants 350,000 Eliminated Capital Improvements – LRMC lease 1,950,000 Withdrawal from Reserves 350,000

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