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. PAGE THREE REVISICH> FRG1 8/24/92 l<<lRKSESSICfi #2 3. storm Sewer 1993 Public Works salaries should show a higher than 3% increase because of a change in salary all=ation. Previously 3% of Public Works went to stonn Sewers and 7% to government b..llldings. Beginning in 1993, 5% will go to Stonn Sewers and 5% to Government Buildings. Presently, 1992 non-assoesosable estimate:i costs of $75,000 for the Keithson Pond and Arden Place project are reflected in this deparbnent. 4. '!he ~tures of this entire deparbnent may leave the General F\Jnd if a storm water utility fund is established. In this case, the 1992 Keithson and Arden Place project costs maybe funded out of the PIR Fund in 1992 only to be repaid in future years from stonn water utility billings. Water utility - '!he 1993 increase in Public Works salaries exceed the 3% guideline. staff will revise a=rdingly. . 1992 A=unting and Audit fees should be $6915 instead of $3500. '!his increase over the $2800 b.ldget reflects audit fees of $3100 and =ntract A=untim Services of $3815. Pro Forma of water utility fund cash balance Balance of 12/31/91 145,620 Estimate 1992 negative cash flow <19.678> Estimate Balance 12/31/92 125,942 Estimate 1993 positive cash flow from operations without $125,000 water tower interior maintenance ilrprovernent less operating transfer to 501 to fund water tower ilrprovement (5 years equal installments @5% interest) Estilnate 12/31/93 cash balance 32,470 < 31.250> $127.162 5. Sanitary Sewer utility - The 1993 increase in Public Works salaries exceed the 3% guideline, staff will revise a=rdingly. . Accountim & Audit fees cornrnent silllilar to that made in the Water utility section. Pro Forma of Sewer utility fund cash balance Balance of 12/31/91 304,721 Estilnate 1992 negative cash flow < 139.925>