1978/10/18 Council Minutes - Laserfiche WebLink

• • 416 October 18,1978 permit and inspection fees. of unexpected increases 1918 r ere e r$850; 0i spend- ing expect to 0 99 a i f$225,0 mets. $190,000ninc the apps 5565,000 increased d an ei and reimbursements totthepgeneral government deparns in b forgetting that we will experience suntan- goal reductioother revenues. • In light of these - hu segolf ta budget doespropose, rine greens fees for a rate increase in tn.Everpark Garage that is designed accomplish two purposes. to keep the rates competitive lot operations in h)rivate parking the C Business and 2) reduce the amount c,6 subsidy requiredtheno a deficit position. bsig necessary t replacetheeloss by removal of the park) m The cspledged t the servicevPinggar bonds. The 1978 subsidy was in of$50,000;by subsidy1979 y 2, 0 • approval these increases in the have predicated the budget We will be we)king Council fbalance in anticipationofxthat approval. Finally,on the revenue aide,r28sharing i now year,, havingwith the City ,d 0,000 ove ime: n 1979,w ant. p e an additonal81110,09. • consolidatedin conjunction with the insurance also operate three• self-insuranceundsWe c aso believe these funds yield substantial ingsinthe , each fun rsubstantial reserve which eaccumulated s quickly as possible. nodert i e future,wmutalso accept t08in 00011ur28thatsed sound tiundfinancial foundation. Therefore,I have preposed substantial contributions to. requirements. t Once we funds to establish or preliminary reserve en on the revenues • of the City. We rf.danize that t program,we may look forward to a reduced economic decision dt o create self- insurance But until thean a responsible manner.. ssure administered es rves are actuarially of r asets, nd,implied that they be mast continue.to develop them to '.... A third key element of this budget addresses format and inVolves a new category.expense 1 is designed W budget entries that have previously spread specific application to budgeting Non-Department Expense Fund budgeted for 0487,000 aterritory• ung from construction charges to health district contributions, to governmental association . after• The Service Center which has been completed five years cf phased • • ion also will be represented in this fund. Occupants of this acility dre currently required to budget$150,000 annually the partment placed the re- paymentecharges ni espectivelbudgets.,each de costs have consolidated into the eon- pa.tment expense Fund.