Annual_Budget_1975_001 - Laserfiche WebLink

Home

C� Licenses and Yermits. There has been a 28,80% increase from this soixrce of reve�nue: �>roposed increases in building permit �ees will provide an additional $25,�00 and it i; estimated that auto registration fees wiil increase $14,000 over the 1974 budget estzmate. D. G*ourt Fines, Revenues from this souree are estYmated to be $50,000 or at the same ievel as Lhe current year However, effective Januar� 1, 1975, the Municapal Court will be consoYadated into the Count� Court system, thereby r�lieving the C1ty o� budgetary expenditures ior 1975� Eo Revenue fxom Other Agencfeso This source has decreased by 3014% primaril� because the ��re tnsurance premium tax ($30,000� zs not reflected in this budget. These funds are now remitted directly to the Relief Associationo �he Csty wi�l rece�ve an additional $5,000 from Lauderdale under the terms of *he pai�ce service agreemen�� There is also a federal civil de�ensa g�an� cti $7,500 budgeted to finance Lhe improvement of the City's siren warn��g L�stem� As of this wxiting the stata has not deter- mined the LocaY G��ernment Aid allocationy and the amount estimated for 1975 �s the same as f'or the current year� F� Charges f'or Serv3ces. Fees or charges have increased 4007% or $99,057 in the proposed budget� Fees from organrzed recreation are estimated to increase b� $28,125 because of added programs and also as the result o� making more adult zecreation programs sel�-supporting� Fees have been increased in the Goif' and Iee Arena activit`ses to insure that these operations are �elf'-sustainingo Estimat.ed revenues from the �iquor operation have been ad�usted to balance a more accura��e "eost of goods" figure� The inczsase Yn sewer and water revenues reflect the increased operat�onal cost� of these two funds� Go Transfers� There bs a proposed �ncrease of 12�21% or $98,484 in the use of fund r�eserue<� The Sewer and Water operating funds are contributing ar addi�ional $25,000 and $55,000 respectively toward debt servzcee An appropria�ion of $27,Q00 from the Police Relief Fund �insurance premium tax) wilI f"inance a pox�ion of the �olrce capital outlay� An approprfa� tion of $62,000 f'�om t.he Public Works Reserve Fund wi11 finance one ha�f the cost of a f�re pumper ($30,000), and provide �or Ski Hill improvements ($32,000), Ha General Reuenue Sharxng< H� is estimated that as of July 1, 1975, the Cit� will ha�e zece3.ued $540,000 in Revenue Sharing Pundso These funds have not been reflected sn ths proposed budget� The Cauncil has dise cussed the pos�ible uce of these �unds for the �ons�ruct�on of' the thsrd �ire s��tion and a1sQ t.o assist �n financing o� the new Cit� Hall, i� approued by the vat�rs� Neither one of the above two projects is re- flected in the proposed budget., Yo F3sca1 Dispa��t�e� �aw:, As af thns wrftzng the Supreme Court has not consadered the app�al�o� the TSii �'isca2 Disparities A�t, which was de- cl,ared un�ansti��u�ional b� the Distric� Gour� �n Dakot�,a Count�yo EXPENDTTURES The t.otal 19�5 proposed budget amounts �o $7,089,971 which is an inerease of $312,247, or 4�6% ouer the or�ginal adopted 19i4 bixdgeto Tn terms of broad catego�ies, the change� in do�Iars and percentages between the 1974 and 1975 budgets areo