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TUESDAY, MAY 3, 1988 <br /> <br />Responding to Councilman Cole's query as to whether there are--and, if so, what-- <br />specific concerns in the future. for which Council should now begin preparing, <br />City Manager Brown identified three major concerns, viz., (1) the expected <br />inability of the City's enterprise funds to continue their financial support of <br />the City's General Fund, (2) failure of State funding for public schools <br />(especially the City's public school system) to keep pace.with rising costs of <br />mandated salary scales and mandated programs, and (3) more restrictive <br />environmental regulations expected in the very near future, as such regulations <br />apply to solid waste disposal (i.e., refuse collection and disposal). With <br />regard to the last of the three foregoing "concerns", Mr. Brown suggested that <br />this activity be financed with a service charge in a separate self-supporting <br />fund. <br /> <br />Council acknowledged receipt of schedules and exhibits, submitted by the City <br />Manager, portraying contingency line items in various funds (as adopted for <br />1987-88 and proposed for 1988-89), net income of each of the enterprise funds for <br />the fiscal years 1977-78 through 1986-87, transfers from the Electric Fund to the <br />General Fund for each of the fiscal years 1977-78 through 1986-87 (there being <br />none for years 1977-78 through 1979-80), and unappropriated surplus balances in <br />each budgetary fund at the end of each of the fiscal years 1981-82 through <br />1986-87. <br /> <br />A motion by Councilman Groden, seconded by Councilman McClain, to eliminate the <br />total of $97,000 included among several funds in the Manager's recommended <br />1988-89 City Budget as funds for contingencies, was withdrawn after Council was <br />informed by Finance Director Fitts that these contingency funds primarily serve <br />to pay life insurance proceeds to the beneficiaries of certain retired <br /> <br /> <br />