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
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