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<br />, P1lGE FOUR <br /> REVISlCUl FRCH 8/24/82 WCBKSESSlOO #2 <br /> . Estimate 12/31/92 balance 161,796 <br /> . Estimate 1993 positive cash flow <br /> from operations 40,143 <br /> . Estimate 12/31/93 cash balance 201. 939 <br /> 6. Recvclincr Fund - 1993 Waste Recycling Forecast to increase <br /> 4% on a tonnage basis over estimate 1992. <br /> - Individual billings from Property Tax Service <br /> fees f=ecast to remain even with 1992 l:udget <br /> level. <br /> - Pro Forma of Recycling utility Fund Cash Balance <br /> . Balance 12/31/91 -0- <br /> (New in 1993) <br /> . Estimate 1992 positive cash flow 7245 <br /> . Estimate 12/31/92 balance 7245 <br /> . Estimate 1993 positive cash flow 3110 <br /> , Estimate 12/31/93 balance 10355 <br /> Cash balance objective = Monthly Waste Recycling <br />. Fees ($2528) * 6 IllOnths (delay nntil May property Tax <br /> settlement) = $15,168. <br /> C. BUDGEIT' OVERIAYS <br /> 1. New Public Works Facilitv - eonncil direction to obtain <br /> Tax levy Inpact for city in total and for an averaged <br /> price home ($125,000) over a range of OOrd issues from <br /> $2,000,000 to $3,000,000 in $100,000 increments. city <br /> A=untant to obtain this data before l:udget worksession <br /> #3 on 8/31/92. <br /> City A=ill1tant to research if OOrd referen::lum irrpact <br /> must be included in preliminary certified levy suhnitted <br /> on 9/15/92 for Truth in Taxation purposes. <br /> 2. New citv Hall Facilitv - eonncil :rrade it clear that this <br /> project was not linked to successful passage of Public <br /> Works Facility Bord Referendum. <br /> Funding sources include: <br /> (a) Fund 315 (Refnnd Bonds) $600,000 ($250K '93 & '94 <br /> receipts) <br /> (b) Cable 'IV Fund 75,000 (Dedicated to 1993 <br /> & 1994 AV Equip) <br /> (c) Reduction of PIR $0 - $350,000 (Assume Public <br /> Works site Absorbs j <br />. Acquisition Costs) & <br /> ,'; <br /> " <br /> (d) Sale of EXisting site $500,000 (If no SWap to , <br /> 'K <br /> Obtain Site) ~, <br /> t: <br /> ~ <br /> .~ <br />