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<br />1996 Operating Results/Considerations Memorandum <br />Page Two <br />December 12,1996 <br /> . <br />Other 1996 Items <br />1. The City is expecting a larger than normal liability expense refund from LMCIT <br /> ($36,000 vs. $22,000) in 1996. It might be appropriate to consider creating an <br /> insurance special revenue fund to deposit a $21,000 portion of the refund. This <br /> fund would be used to pay deductibles as the City explored higher deductible <br /> levels in an effort to reduce future premium costs. <br />2. Utilize North Suburban Cable Commission (NSCC) $2,600 grant award by <br /> purchasing an unbudgeted portable microphone system and camcorder. <br /> -- <br />Recommendation <br />I would like to have an opportunity to discuss these items with Council at the December 16, 1996 -- <br />Worksession. <br /> . <br /> . <br />