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1985_0826_packet
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1985_0826_packet
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12/16/2011 10:06:45 AM
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-Amendments To The Proposed 1986 Budget <br />2, Millill Rate <br />The higher assessed valuation causes the proposed mill rate <br />to decreasile from 13,58 mills to 13.51 mills, This is a 2.82 <br />pericen,t increase over the 1985 mil,l rate of 13,,140. <br />9 <br />The amended mill rate,, in conj�unct,ion with the 'increase in <br />the holmest,ead,cred,it from $650� to $11700, results in a zero City <br />tax increase f or Riosilevillie homleow.-ters . <br />5.. Capital Expenditures <br />A. Fundi"ing to continue the City's program of installing <br />OptJ-icom at, one City intersection each year has been added <br />to the Permanent Improvements account in the amount <br />• <br />$8,5100* <br />B. Funding for the purchase of police vehicles in the <br />Equipment Acclount has been reduced by $8,500, to correctly <br />refliect, t,he recommended purchase of four marked squads, <br />411 <br />The police vehicle funding amount 'is now $54,800,, <br />
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