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March 13, 1979 <br /> <br />real property additions to bhe assessment base, estimated collection levels are illustrated <br />below: <br /> <br />Tax Rate <br /> <br />Estimated Collections <br /> <br />~1.30 $14,300,000 <br />1.28 14,080,000 <br />1.25 13,750,000 <br /> <br />CONCLUSIO~ <br /> <br /> This funding analysis is furnished in order to provide the City Council with a preliminar~ <br />indication of the revenue outlook for the upcoming fiscal year. As the budget process continues, <br />the Municipal Finance Commission will further evaluate the revenues relative to their adequacy1 <br />to support the budgetary requirements. Our full budget recommendations, which will address <br />appropriation levels as well as revnues, will be furnished to you in accordance with the budge~ <br />work schedule.'' <br /> <br /> <br />