Minutes 04/17/1986 - Laserfiche WebLink

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~6 THURSDAY, APRIL 17, 1986 State Corporation Commission and the City continues to parallel APCo's retail rates, there would be added burdens on local consumers and probably some adverse effect upon on-going efforts to make available better and more-affordable housing for local citi- zens. Furthermore, Mrs. Severt expressed the hope that Council will find ways to reduce the expenditure side of the recommended budget. Meanwhile, Mrs. Severt indi- cated that she might have reservations and/or might question the amount of transfers recommended from the utility funds to the City's General Fund, pointing out that the City may be faced with significant costs for such matters as eliminating discoloration from effluent from the City's sewage treatment plant. Mrs. Severt then posed questions relating to the accuracy of certain financial data on fund surplus pro- jections (shown on page xxxiv following the Manager's Budget Message). Councilman Oakes indicated that he is not supportive of the recommended real estate tax rate increase and (that) he has concerns with the recommended usage of surplus funds (which might present more problems "down the road"), that he has concerns with the recommended percentage of wage-salary increases for certain administrative per- sonnel, that he has concerns with the proposed adding of personnel, with the finan- cing of "new" outside agencies, and with the large increase in net local cost pro- jected for the operation of the City School System. Councilman Groden emphasized the need to "keep the utility funds healthy" (Le., by not using surplus funds for general operating expenses) and to achieve greater efficiency in local governmental operations and services. Councilman Williams concurred with Councilman Groden and Oakes regarding use of utility surplus balances and indicated, further, that in his attempts to defend the City Manager's proposed 1986-87 budget he is receiving "opposition from the