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<br />THURSDAY <br /> <br />JUNE 19, 1975 <br /> <br />c- <br /> <br />expenses in next year's budget and how much should be used <br />for Capital Expenditures. Some felt that none of the <br />$385,000.00 should be used for operating expenses - others, <br />including myself. felt that Council had to use some of <br />the Revenue-Sharing Funds to balance next year's budget or <br />other important priorities would be sacrificed. Council <br />voted to use $285,000.00 of Revenue-Sharing Funds to pay <br />for operating expenses, a decrease of $93,000.00 over <br />this year, and to designate $100,000.00 for community <br />development projects such as the thoroughfare street <br />program, parks and playgrounds, CBD. This vote in my <br />opinion, was significant for two reasons: (1) The current <br />budget, according to Mr. Noland, is virtually stripped <br />of community development outlays - the $100,000.00 will <br />provide funds to build for the future; (2) Council recognized <br />the fact that operating expenses should be funded each <br />year, and Council showed its intention to pull all of the <br />Revenue-Sharing Funds out of the General Fund, if possible, <br />in coming years. <br /> <br />It is an understatement to say that Council is not faced <br />with a pleasant set of choices. <br /> <br />This then is my view of the problems that we are facing, <br />and the things that should be discussed tonight. These <br />are complex porblems, and they cannot be resolved by <br />simple solutions. All of us are open to suggestions and <br />comments. We welcome all of you here, and are sure that <br />you came to help us in the solution of our budget problems. <br /> <br />-- <br />