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center, library, parks, open space, <br />bike and walking trails, and a youth <br />program that is envied by all <br />surrounding communities. We have <br />increased our sales tax revenue from <br />$800,000 in 1986 to over 1.8 million <br />in 1991 with a 12.8% increase of <br />sales tax revenue over 1990. Our <br />local banks continue to grow and <br />some have shown growth as high as <br />19% in deposits this past year. Our <br />well known community activities <br />continue to break attendance <br />records. With over 600 volunteers, <br />from children singing, business <br />people roasting chestnuts, to Santa <br />Claus, that volunteered their time <br />in the 1991 Parade of Lights to make <br />it the event of the year. Why and <br />how did all of this happen? We <br />believe it happened because of the <br />cooperative effort of the City, the <br />Chamber, our local schools, hundreds <br />and hundreds of Chamber volunteers, <br />City fraternal and non-profit <br />organizations and a multitude of <br />citizens who believe that Louisville <br />is the greatest place to live, work <br />and to raise their families. We, <br />the Chamber of Commerce, are ready <br />and willing to continue to work in a <br />cooperative effort with the City and <br />with the newly appointed Economic <br />Development Committee in 1992. We <br />do feel, however, that since the <br />1992 funding proposals that we <br />submitted to the City and to the <br />County have been accepted in their <br />1992 Budgets and that in order for <br />us to plan a productive program for <br />1992, we feel that both the City and <br />the County agreements should stay in <br />effect for the 1992 fiscal year. We <br />also suggest that the City and the <br />Chamber must then work very closely <br />together on whatever proposed <br />economic development programs we <br />come up with. Evaluate each one of <br />the programs as we progress through <br />the year and make necessary changes <br />and budget adjustments. Then, <br />again, at years end, together, we <br /> <br />24 <br /> <br /> <br />