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Memo-August 8,2008 2009 PRELIMINARY BUDGETCITY OF HOPKINS MEMORANDUM Date: August 8, 2008 To: Mayor & City Council From: Christine Harkess, Finance Director Subject: 2009 Preliminary Budget FINANCE DEPARTMENT Staff has been working on the 2009 budget General Fund Budget. All General Fund Departments have submitted their budgets and Rick and I have met with each of the department managers to review budgets. We have requested additional information from the departments and as of Friday are working to incorporate the additional information and make changes as a result of the information received keeping in mind the council's 2009 tax levy directive. While we have not yet received the levy limit amount we have the information to approximate the calculation and will have that information on Tuesday as well. At the work session we have a preliminary 2009 General Fund Budget and show how that impacts the 2009 tax levy.