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09/12/94
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09/12/94
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Meetings
Meeting Document Type
Agenda
Document Title
Finance Committee
Document Date
09/12/1994
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SUMMARY OF RECOMMENDED ADJUSTMENTS TO 1995 BUDGET REQUESTS <br /> <br />The following are the recommended adjustments to the projections and requests of 8/19/94 that maintain a balanced <br />budget and do not cause~the necessity to increase taxes over and above the original proposal of 4.5% above the 1994 <br />levy .amount: <br /> <br />REVENUES (includes ~.5% increase in taxes) <br /> ir <br />Revised 1995 Budget P~jection (as of 8/19/94) <br /> 33421 Insurahce Premium Tax <br /> Ir~crease Police State Aid (based on actual 1994 received) <br /> Transfers From Other Funds: <br /> Equipment Replacement Fund - <br /> Ir)crease funding for 2-1/2 Ton (replacement of #607) <br />RECOMMENDED 199~ BUDGET PROJECTION <br /> <br />3,193,555 <br /> <br /> 2,500 <br /> <br />29,997 <br /> <br />3,226,052 <br /> <br />EXPENDITURES <br />Revised 1995 Budget Requests (as of 8/19/94) <br /> <br />1111 <br /> <br />Mayor and Council <br /> 43451 Dues <br /> In~:rease LMC dues based on actual billing <br /> <br />1153 Finance <br /> 41000's <br /> <br />Personal Services <br /> Savings from not replacing accountant position <br /> <br />1161 <br /> <br />Legal Services <br /> 43361 General Liability Insurance <br /> Re. duce legal contingency <br /> <br />2220 Fire Protection <br /> 45580 Other l~luipment <br /> Add back gas detector <br /> 47720 Transfar to Equipment Reptacement Fund <br /> Arid back 1st year cost on gas detector <br /> <br />3311 Street Maintenanc¢_ <br /> 43398 Other Vehicle Repair- Labor <br /> Reklucc for replacement rather than refurbish #607 <br /> <br /> 45550 Motor Vehicles · <br /> Add back 2-1/2 ton (replacement of #607) <br /> Eli,minate 4X4 Pick-up w/plow (replacement of #618) <br /> 47720 Add back 1st year cost on 2-1/2 ton <br /> Eli~ninate 1st year cost on 4X4 Pick-up w/plow <br />RECOMMENDED 1995 ~BUDGET REQUESTS <br /> <br />3,193,555 <br /> <br />300 <br /> <br />(11,951) <br /> <br />(652) <br /> <br /> 1,500 <br /> <br /> 100 <br /> <br />(16,000) <br /> <br />75,000 <br />(20,000) <br /> 6,200 <br /> (2,000) <br /> <br />3,226,052 <br /> <br />Printed 9/7/94 <br /> <br /> <br />
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