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<br /> . Charitable Gambling update <br /> Page Two <br /> LEGAL - (1992 YTD $500; 1991 Actual $365) <br /> Assume 1992 is more representative and that <br /> attorney time will increase as more "problems" <br /> surface under closer scrutiny $6,000 <br /> srAFF TIMES EXPENSES (CUrrently not being <br /> allocated) <br /> - ']he city A=untant salary is =ently <br /> allocated 1/3 each between Admin, Sewer & <br /> Water . Assume an allocation of 10 percent <br /> (approximately 30 hours per licensee) 4,000 <br /> - Intermediate Accounting Clerk assume 5 <br /> percent of time for receipting, document <br /> review and =espondence 1,500 <br /> - Mileage Re:i1nb.1rsement, printing, <br /> other expenses 500 <br /> oursIDE CONTRACIDRS - Field "audits" of <br /> operations and local area spending documentation <br /> (7 organizations times 16 hours/year times <br /> $50/hour plus expenses) 6.000 <br /> . TOl7\L $18.000 <br /> RE:CJ:>>lMENDATION: <br /> I believe a gambling tax rate of .75 percent is supportable and <br /> justifiable. <br /> TRP Its <br /> M92-187 <br /> . <br /> --- <br />