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<br /> . CITY OF ARDEN H:II.U3 <br /> MIHJlWlOOM <br /> IllI1'E : ~ 27, 1993 <br /> TO: Dorothy Person, City 1\dmi.nist.rator <br /> FIlCH: Tarry Post, City Accountant <br /> SUBJECT: 1994 Budcret Proc:ess-Sianificant General FUnd (101) <br /> Revenue/ExDenditure Chancres. <br /> A. REVENUE: <br /> 1. Property Taxes - 1993 Est:ilnate assumes a $62,500 reduction <br /> for pending valuation abatements. <br /> 2. Licenses - 1994 proposed license revenue reduced because of <br /> "Charley Chung/Great Lakes" business failure. <br /> 3. Misc. Receipts - 1994 proposed substantially reduced because <br /> of reduced asset sales. <br /> . <br /> B. EXPENDITURES : <br /> 1. Mavor & Council - 1993 est:ilnate assumes $9,000 in IRA Fees <br /> (only $2,000 was tudgeted) . <br /> - 1994 proPJSal has a training expense <br /> in=ease of $1,000 for Council and <br /> Conuni tte members. <br /> 2. Elections - None scheduled in 1993; two in 1994. <br /> 3. Administrative Office - 1993 est:ilnate includes $28,940 in <br /> costs related to fonner Park <br /> Director severance pay. <br /> - 1993 est:ilnate includes unbudgeted <br /> headcount in=ease for <br /> Intermediate Clerk (approx. <br /> $10,175) <br /> - 1994 proPJSal includes $11,000 in <br /> Capital for purchase of four (4) <br /> PC Workstations, Laser Printer, <br /> and Multi-user Software. <br /> 4. I.eqal - 1993 est:ilnate includes $26,700 in unbudgeted costs <br /> relating to the Oak Grove settlement. <br /> . - 1994 proposed City Attorney Fees will J::e 95% of 1993 <br /> budget. <br />