Minutes 05/17/1979 - Laserfiche WebLink

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~ ~ ~~ ,~J THURSDAY MAY 17, 1979 personnel should be added and/or funded in said proposed budget and, too, that a ceiling of 99C should be established for real estate taxes for 1979-80, as opposed to City Manager Noland's recommended budget predicated upon a rate of $1.05 (on real estate), the latter and recommended rate reflecting an average increase of 6% in tax dollars on an average of 12% increase in assessed valuation, whereas the 99C rate would reflect, on an average, practically no increase in average tax dollars over 1978-79. Councilman Greene pointed out that a real estate tax rate of $1.00 would require adjustments to the proposed budget by an amount of $115,OOO.00 and a 99-cent rate would require adjustments in the amount of $138,000.00, against which--through a review of budget requests by the respective department heads--some $55,000.00 could be made; and, with subsequent adjustments made by Council in its ensuing review, making for a total adjusted sum of $71,500.00, a further adjustment--based on the 99C tax rate--of some $66,500.00 would be required. Included in the adjustments made by Council were the eliminations of the several locally-funded positions (proposed by the City Manager) which have been funded by CETA, as well as the elimination of a new position (auto mechanic) in the City's Central Garage. Upon motion, duly seconded and unanimously carried, Council directed the City Manager to present two alternatives to his proposed 1979-80 City Budget, at Council's forthcoming May 22nd meeting, predicated upon both a 99C real estate tax rate and a 97C real estate tax rate, both of which would reflect the adjustments hereinabove referred to. Council was adjourned. ""'- ,j)....~>--'. ..... '- w. H.::l'ea~n, Clerk of Council