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2000/10/25 Council Minutes
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2000/10/25 Council Minutes
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10/16/2020 3:15:06 PM
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Council Minutes
Date
10/25/2000
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October 25,2000 <br /> We have also restored the cash carry forward to a healthy level,in the 512 <br /> million range.These reserves and the easy carry forward will serve the citizens <br /> well in tonne years. <br /> We have also been able to fund the following land acquisitions and <br /> capita improvements during this stone period without increasing the City's debt. <br /> • Acquisition of Silver Lake Park Property $5.014,000 <br /> • Acquisition of 300 acres in east Everett for parks 51,239,329 <br /> and recreation purposes <br /> • Acquisition of property on Everett Mall Way for 53,524,831 <br /> the new South Everett Police Precinct <br /> • South Everett Police Precinct project funding 54,000,00 <br /> • 800 and 900 MHz Public Safety radio 52,000,000 <br /> communication system <br /> • Five Station 3 project funding 52.647,452 <br /> flvfortumtely,we are now experiencing a substantial reduction in the <br /> ate of revenue growth.let me clarify:revenues are still growing,but at much <br /> slower rates of growth.Let's compare the revenue projection from the last five <br /> budget messages and this budget message: <br /> 1996 570,507,722 <br /> 1997 576,716,007 <br /> 1998 583,140,000 <br /> 1999 590,607,941 <br /> 2000 590,753,447 <br /> 2001 $91,802,692 '.. <br />
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