1. Budget Discussion August 30, 2011

2. Calendar City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published

4. General Fund Update Remaining Funds 1,859,749 Franchise fees & Landfill rate 717,970 Property Tax Rate Decrease 1,055,000 Salary Increase (incl. ben.) 940,554 Capital Expenditures 500,000 Available for Capital Expenditures 82,165 Remaining Funds -0-

6. FY 2011-2012 Budget General Fund FY 2010-2011 FY 2011-2012 Increase/ (Decrease) Revenue 53,868,465 56,286,577 2,418,112 Expenditures 53,868,465 56,286,577 2,418,112 Revenue Over/(Under) Expenditures 0 0

7. FY 2011-2012 Budget Water Fund FY 2010-2011 FY 2011-2012 Increase/ (Decrease) Revenue 15,701,866 23,567,586 7,865,720 Expenditures 15,701,866 23,567,586 7,865,720 Revenue Over/(Under) Expenditures 0 0

8. FY 2011-2012 Budget Wastewater Fund FY 2010-2011 FY 2011-2012 Increase/ (Decrease) Revenue 10,134,600 10,165,600 31,000 Expenditures 10,132,946 10,131,364 (1,582) Revenue Over/(Under) Expenditures 1,654 34,236

9. FY 2011-2012 Budget Development Corp. FY 2010-2011 FY 2011-2012 Increase/ (Decrease) Revenue 6,186,494 6,986,881 800,387 Expenditures 6,186,494 6,986,881 800,387 Revenue Over/(Under) Expenditures 0 0

15. Calendar City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published City Council budget discussion* City Council budget discussion* City Council budget discussion Record vote to propose tax rate Introduction of budget ordinance 1st hearing on proposed tax levy Approval of budget ordinance 2nd hearing/Intro of tax levy Approval of tax levy Draft budget published

16. Budget Discussion August 30, 2011