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CONCLUSION <br />4) Equipment Revolving Fund - Please refer to pages 91 through 94 - <br />This is a funded depreciation fund on City equipment. It is <br />designed to keep peaks and valleys out of the City Budget in the <br />replacement of equipment. It should be noted that this fund is <br />only used to replace equipment. It is not meant to fund addition <br />to City equipment. <br />In conclusion of this Budget message, the following statistical information is <br />hereby submitted for your information: <br />Total 1981 City Operating Budget was $977,242 <br />Total tax levy to support 1981 City Operating Budget was $680,591 <br />Total 1982 City Operating Budget as adopted is $984,805 <br />Total tax levy to support 1982 City Operating Budget is $653,020 <br />The tax levy to, support the Budget for 1982 is $27,571 less than the previous <br />year which is a good indicator that the City is holding the line on spending. <br />The 1982 Budget reflects the total operating estimated operating cost of the <br />City. Citizens who desire to review the Budget in depth should check out a <br />copy of this document. If you have questions on it, you should discuss these <br />with the City Administrator or City Accountant or members of the City Council. <br />Respectfully yours, <br />CITY OF RAMSEY <br />s.�-yrz <br />Thomas G. Gamec <br />Mayor <br />TGG:po <br />