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<br /> CITY OF ARDEN BILLS . <br /> DECEMBER 7,1998 TRUTH IN TAXATION BEARING <br /> PROPOSED 1999 EXPENDITURES COMMENTARY <br /> . This draft budget is basically maintenance in character (designed to support <br /> existing services and support capital needs) with one notable exception- <br /> significant allocation of staff resources and use of outside consultants <br /> ($380,000) will be utilized to begin the next stage ofTCAAP Reuse <br /> Planning. <br /> . Significant capital items include the following: <br /> 1. Construction start of a new City Hall facility ($2,000,000) at the <br /> Sunfish Lake site. <br /> 2. Pavement Management Funding of$I,573,835, of which $1,543,835 <br /> is directed toward the reconstruction of West Round Lake Road from <br /> approximately 500 feet south of Highway 96 to Gateway Boulevard. . <br /> 3. Purchase of new Sewer Vacuum Truck ($140,000). <br /> 4. Beginning the first ofthe two-phased Residential Water Meter <br /> Replacement Program ($250,000). <br /> 5. Trails Expansion - County Road F by CPI ($115,000). <br /> . Funding for new City Hall construction costs are expected to come from the <br /> following sources: <br /> lli2 2.QOO .Thtal <br /> Project <br /> 1. Cable TV Fund No. 228 $-0- $150,000 $ 150,000 <br /> 2. Advance Refunding 1,000,000 100,000 1,100,000 <br /> Fund No. 315 <br /> 3. Municipal Land & 1,000,000 250,000 t ,250,000 <br /> Building Fund No. 408 . <br /> $2.000,000 $500,000 $2.500,000 <br /> SL lot: ~t>., 1.. <br />