Laserfiche WebLink
<br />3. <br /> <br />Suggested Budget Changes Presented by Gray Henderson <br />at Counci I Meeting Dated September 14, 1970 <br /> <br />~~ ~r ~ ~ <=&V~-nu~~' ~ t3u.r <br /> <br />I. Levy SI5,OOO per year (approximately 3 mils at 1971 assessed <br />valuation) for 5 years (1971 through 1975) to provide $75,000 <br />for the garage addition and Village Hall addition. This to <br />be levied for Municipal Land & Buildings Fund (see pp. 37 -38 <br />and pp. 6 - 7 of 1971 proposed budget>' i have penciled In <br />all these changes on the proposed budget, <br /> <br />Delete the S25,OOO reduction of the General Fund, lend this <br />amount to the improvement to be paid back to the General Fund <br />$5,000 per year. See Lorraine Stromquist's letter of trans- <br />m~~o Council, Revenue, third paragraph and pp, 6 and 7~ <br /> <br />Borrow an additional SIO,OOO from General Fund for the Improvement <br />to be paid back $2,000 per year. <br /> <br />-. <br /> <br />2, <br /> <br />4, <br /> <br />Borrow $30,000 from Municipal Land and BuildIngs Fund for <br />Improvement to be paid back $6,000 per year. <br /> <br />5. <br /> <br />Assess PublIc Works Reserve $9,000, <br />Assess Parks and Recreation SI,OOO. <br /> <br />6. <br /> <br />In this way the money can be ImmedIately available from existing <br />funds and will be paid back out of revenue by the time It Is needed, <br />and durIng the time of Its use. <br />