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Enclosed with this agenda is a 1991 issue of Official Magazine of Anoka Area <br />Chamber of Commerce <br /> <br />Observations: <br /> <br />On May 12, 1992, Council adopted 1992 Budget Amendment #1 which formalized <br />expenditure budget cuts in anticipation of State aid revenue cuts. As part of <br />this amendment, the sum of $14,187 was set aside to increase the City's <br />General Fund contingency or reserve account. <br /> <br />Recommendation: <br /> <br />While the City has set aside dollars in contingency, we are only six months into <br />the year and it is difficult to forecast contingency needs for the balance of <br />1992. It is recommended the City Administrator advise the Chamber that the <br />City will consider a $1,000.00 request ($500 for 92 and $500 for 93) for <br />publication costs for the 1993 budget. <br /> <br />Budget Committee Action: <br /> <br />To direct the Finance Office to prepare a resolution for the next Council Agenda <br />which authorizes payment in the amount of $500.00 to the Anoka Area Chamber <br />of Commerce for the purpose of contributing towards the publication cost of <br />the Official Magazine of Anoka Area Chamber of Commerce. <br /> <br />Or <br /> <br />To direct the City Administrator to advise the Chamber the City of Ramsey will <br />consider the funding request of for the 1993 Budget. <br /> <br />Review Checklist: <br /> <br />City Administrator <br />Finance Officer <br /> <br />BC: 06/23/92 <br /> <br /> <br />