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<br />" {' <br />{.;.J '-' <br /> <br />WEDNESDAY <br /> <br />JUNE 2, 1976 <br /> <br />Power Company during 1976-77 as a refund against prior payments by the City <br /> <br />for electric energy purchased, and as made a part of the proposed 1976-77 <br /> <br />budget, will be a "one-time" income item as well may be some $289,000.00 <br /> <br />from the Federal Revenue-Sharing program, if this program is not continued <br /> <br />beyond its present expiration date of December 31, 1976, noting that the absence of <br /> <br />these funds after 1976-77 will present a serious budgetary problem for the City, <br /> <br />,_. <br /> <br />particularly in light of major street construction projects (and their cost) <br /> <br />which the City expects to undertake, despite the reduction of the City's <br /> <br />annual debt service burden after fiscal 1976-77. <br /> <br />It was also pointed out that, in addition to the authorized up-grading of the <br /> <br />City's sewage treatment plant and the City's cost thereof during the next two <br /> <br />years, operating expenses of the Sewer Fund and of the Water Fund, a portion <br /> <br />of which can be attributed to meeting mandated requirements, are considerably <br /> <br />increasing to the point that a rate structure revision for these two services <br /> <br />must be effected in the near future. <br /> <br />Council then began a page-by-page and line-by-line study of the City Manager's <br /> <br />recommended 1976-77 expenditures for all funds, with the exception of the Prison <br /> <br />Fund, Water Fund, Sewer Fund, and Electric Fund, with study of these four funds <br /> <br />deferred until Council's forthcoming June 8th regular meeting. During the <br /> <br />aforesaid study and review, Council discussed with Mrs. Mabelle S. King, <br /> <br />Superintendent of the City's Social Services Department, that department's <br />