FAST FACTS

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n City proposes no increase in property tax rate

n No increase is recommended for any tax rate or fees

n Fiscal budget for 2004 - 2005 is $47.5 million

n Proposed revenues for 2005 are $50.1 million

n Spending forecast to increase 1.3 percent over current year

n Revenue forecast to increase 1.6 percent over current year

n City proposes not to fully restore 3 percent cut in spending made last year