Agenda - Council - 10/25/1983 - Laserfiche WebLink

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RUDY BOSCHWITZ COMMITTEE ASSIGNMENTS ! WASHINGTON. D.C. ~0~10 I September 22, 1983 I Dear Friend, I Just a note to pass along the good news about the General Revenue Sharing (GRS) program. I I am pleased to report that the Senate, with my support, passed S. 1426 on September 21 by a vote of 87-6. As adopted, I the bill extends the GRS program for three years at a funding level of $4.6 billion annually, with no changes in the current formula for allocating funds. I The version of the bill previously passed by the House of Representatives extends GRS for three years with a $5.02 billion funding level. Because of the $450 million difference in the I funding between the Senate and House levels, a conference committee will meet to reconcile the differences. It is expecte that the result will be compromise legislation to increase ~unds I by about $225 million. Although I am not a conferee, I will be urging support for such a compromise. There has been no increase in revenue sha I funds since 1976, an $225 is about 5 and increase of million cent, which fits in. very nicely with my~erall approach to the budget. / I I While we are close to the September 70 deadline for re- authorization of GRS, I am confident ~hatJyou will be able to enjoy another three years of this val~abl~ program. I I to have been a part of this effort. ! ely, ! ~Mayor _City Administrator '. _DeDuty Clerk _Building Insl:~,tor _Chief of, Police ,_Public Wrks Supt. ~City Accountant ' ~City Attorney _City Engineer Council se~t copie; in _agenda dafe~ Please r~.a~ a~l bitiat RB/sc FOREIGN RELATIONS SMALL BUSINESS VETERANS AFFAIRS $5.02 billion expected sharing per- delighted 7