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I�. Other importiant budget-related policy questions only the City <br />Council can answer through motions, but not necessary to achieve <br />structural operating balance in 2005: <br />9. Is the City Council going to deal with the accumulated $1.2 million deficit in <br />the Parks and Recreation Department and the internal loan created by the <br />City Council in the mid-1990's to cover those deficits? ❑ Yes ❑ No If Yes, <br />does the Council want to deal with that accumulated deficit and loan by: <br />a. Writing off and forgiving that internal loan? ❑ Yes ❑ No Note: <br />REQUIRES A COUNCIL MOTION, NOT SOMETHING STAFF CAN <br />DO ADMINISTRATIVELY <br />b. Selling some or all of the city lots on South Owasso Street or on Woodhill <br />and Western? ❑ Yes ❑ No Note: REQUIRES A COUNCIL <br />MOTION, NOT SOMETHING STAFF CAN DO ADMINISTRATIVELY <br />c. Is there some other approach to this internal loan that Council prefers? <br />❑ Yes ❑ No Note: Doing Nothing about this issue obviously requires <br />no Council motion. If Council chooses not to deal with this issue for 2005, <br />then that internal loan will continue to be reported on the financial boolcs <br />and records of the City and any additional operating deficits in Parlcs and <br />Recreation will continue to be added to that internal loan. <br />� <br />