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Regular City Council 11iinutes — 6/02/03 <br />DRAFT Minutes - Page 30 <br />o The tax increase due to the voter - approved referendum is <br />consistent with published information distributed prior to <br />the vote <br />o Designated funds to Fire Relief Association shall be <br />seEe&ated from the Fire Departrnent budget <br />o Special contingency find of $75,000 shall be established <br />for the purpose of addressing the ongofng personal legal <br />attacks against the Mayor - - -- . VI- <br />Mayor Kysylyczyn sought comment from Finance <br />Director Miller as to the similarity of the preliminary <br />budget being prepared by staff to that proposed by him. <br />Finance Director Miller responded that staff is currently <br />anticipating presentation of a "0" percent levy increase <br />for the initial budget packet to be presented to the City <br />Council. <br />Mayor Kysylyczyn identified several unknown factors at <br />this time (i.e., the presentation to the City Council by the <br />HR.A their budget and levy request; further review of Fire <br />Relief funding as addressed by two State Statutes <br />previously provided by Mayor K; and necessary <br />flexibility for staff concerns). <br />Considerable discussion ensued regarding the fourth note <br />regarding a contingency fund for legal expenses. <br />Councilmember Schroeder stated that he was anxiously <br />awaiting staffs draft budget. <br />Mayor Kysylyczyn again asked Finance Director Miller if <br />staff was in agreement with the proposed budget targets, <br />and the additional notes; with Mr. Miller responding <br />affirmatively to the first three noted as listed above, and <br />advising that staff would proceed according to the <br />direction provided by Council. <br />Finance Director Miller advised that the City had monies <br />set aside for any deductibles incurred related to any <br />litigation, with the fund balance at approximately $I <br />Million. <br />