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In a story about the City of Monroe's preliminary budget published in The Monroe Times Thursday, the 14-percent increase in property taxes represents the increase in the tax levy, the total amount of money the city would need to collect to cover operating expenses. It is not the tax rate, the amount the city will charge taxpayers based on the value of their property.In a meeting of the Finance & Taxation Committee Wednesday, Mayor Bill Ross said holding the tax levy at a zero-percent increase is unrealistic. The Times incorrectly attributed the quote to Alderman Dan Henke.