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tt, <br /> age <br /> October 2,1985 <br /> Rill Cushman, ofbaFinance Director, s t thepiece.-time the 1986 <br /> net <br /> budget is of balance in the amount of$the 1985 rateol died out <br /> salaries ta automatic <br /> figures w at the 1955 with the <br /> caption o the ba is tepn and longevity ins bet oby <br /> ther of <br /> were also s police explained and s 3 rhea <br /> positions e C 1986 salary schedule.which explained the increase <br /> over the present year. <br /> Under basic operating expenses,the 3.288 <br /> increase wr <br /> s due primarily <br /> to the increase i utility r $5.000 w added for the new <br /> police office[.o sting expenses and$15.000 w added t the Park <br /> Department for the spossibility of a greenhouse start-up. <br /> Be then reviewed the Motor Vehicle Rate.. Contributions, On-Going <br /> Projects and Debt Service. <br /> Councilman Morrow asked if $16,000 could be placed in the budget <br /> next year for CHAT. <br /> Chairman Pope explained that uring the process of i in <br /> detail the various fundsany councilman include a <br /> special project,but he a be a that <br /> amount of <br /> moneywould <br /> have to be deleted in some other area to balance the budget. <br /> Cushman then pointedot the large ininsurance <br /> premiums for next year with s <br /> the d ductable amount increasing from <br /> $100,000 per accident to$500,000. <br /> '.,.. Councilman Overstreet said with this significant increase in <br /> insurance for r198fi the city should consider diverting from <br /> insurance c E insurance. all t city <br /> receiving y coverage <br /> for 1$100,000, et Beathe y never rto eceives pays $500,000 for mach higher coverage end y n v <br /> claims p t higher rack thought ecil s <br /> the implications of alternatives instead aaY f.praying <br /> so a for a nth, or quarter, o[year, put the m n v the <br /> elf vinsurance fund. <br /> I Mayor M agreed with him and said be had been making some studies <br /> n 1t.o certain a of risk,but a vthe n <br /> cities have been looking into this,and some have a ady m"vadat o <br /> self insurance. Be said of.the E law insured,isn't changed,othe city <br /> d-be very serious o becoming sal <br /> Cushman then announced the b package w e presented t <br /> the Nov council o October 30th, with te next hearing o be held <br />_'..i ember 6th. n budget <br /> continued <br /> was announced that the workshop on Council Procedures would be <br /> 1 until October 9ened session on ..vivo. <br /> The meeting then r into regular and <br /> adjourned at 12:25 p.m. <br /> City C_r <br /> Read and approved as printed.•(• .� � ' <br /> e e <br />