Minutes 04/23/1991 - Laserfiche WebLink

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TUESDAY, APRIL 23, 1991 reconsidersits decision to eliminate the $5,000 contribution to the Adult Day Care Center. Mr. Meador stated that the start-up costs of any operation are high and the Adult Day Care Center is no exception. Mr. Meador said that a high percentage of those individuals receiving subsidized care at the Center were City residents. Councilman Adams stated that he felt the Adult Day Care Center fits into the total picture of social services to which the City -contributes and made a motionto put $5,000 back into the General Fund budget to fund the Center. This motion died-for lack of a second. Councilman Adams stated that his analysis of the GeneralFund indicated that the proposed 4% meals tax would only serve to increase the estimated unappropriated surplus in the General Fund as of 6/30/92 by $360,000 and would not provide funds necessary to operate the City. Councilman Adams provided members of Council with written calculations which listed the following: Est. Unappropriated Surplus 6/30/92 (April 3, 1991) Total Available Funds (4/18/91) Delete meals tax Resultant available funds Estimated Expenditures/Transfers Resultant Unappropriated Surplus 6/30/92 Add Water increased surplus (405k - 356k) 'Add Elec. Cap. Res. Est. Inc. Add Employee Early Retirement use minimum Est.~Unappropriated Surplus 6/30/92 (4/22/91) $121,619 24,388,003 (360,000) 24,028,003 23,961,430 66,573 49,000 52,427 148,011 316,011 Councilman Adams, therefore, concluded that the proposed meals tax would be an "unnecessary burden" on the citizens of the community "at this time and for this purpose of seeing that the General Fund is adequately financed for Fiscal Year 1991-92." Mr. Brown replied by stating that the $148,011 which Councilman Adams listed for the early retirement program reflected an estimate, that he did not know which individuals would participate in the program at this time, and therefore, could not reduce the budget by this