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<br />2002 Budget Discussion Item <br />December 12,2001 <br />Page 2 <br /> <br />e <br /> <br />3, Recreation Fund No. 226 - On-going Funding of Operating Deficits. <br /> <br />City Administrator Lynch brought up this subject at the December 10, 2001, Truth in <br />Taxation Hearing. He advised the Council that the proposed budgeted expenditures <br />and revenues reflected program cuts that were the result of tasking the Recreation <br />staff to reduce the operating deficit from estimated 2001 and actual 2000 levels <br />($78,000 and $92,820, respectively). It should be noted that the recreation staff <br />supported tax levy relief from the General Fund as part of the deficit funding solution. <br /> <br />Staff also notes that estimated ending cash balances in the Community Services Fund <br />No. 225 (licensed charitable gambling revenues) is currently forecast to be ($10,604) <br />in the red as of December 31, 2002. Clearly there are several policy issues that <br />should be addressed before the 2003 budget cycle. They may include the following: <br /> <br />. Is the current City Council still supportive ofthe 60% to Parks and Recreation and <br />40% to the Public Safety capital allocation policy previously established? <br /> <br />. With the exception of the funding for the Parks strategic plan ($60,000), virtually . <br />all of the Parks and Recreation 60% allocation has been utilized to fund operating <br />deficits in the Recreation Fund, With the completion of the Parks strategic <br />planning effort to be completed in 2002 and the anticipated need for projects <br />funding in excess of Parks Fund No, 227 reserves (estimated to be $565,951 at <br />December 31, 2002); is the current Council still supportive of directing 100% of <br />the Community Services Fund Parks and Recreation allocation to funding <br />recreation deficits? <br /> <br />. <br />