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1989 Budget Message_ <br />September 20, 1988 <br />Page 2 <br />Although the 1989 General Fund expenditures are up only 6.9% <br />over projected 1988, additional emphasis has been placed in the <br />following areas: <br />Increase the library hours to provide service all day <br />on Fridays; <br />Increase library staff hours by 10 hours per week, and <br />elevate Nelda Mohr to full time and Department Head <br />status; <br />Add one full time police officer; <br />Add a technician to the building inspection <br />(Replaces an Executive Secretary) <br />division; <br />Provide modest funds for the purchase of youth <br />activities equipment and additional senior program <br />needs. <br />In addition to the aforementioned increases to the General <br />Fund, a Council contingency of $222,452 is earmarked, and <br />discretionary dollars totaling $139,479 have been included in the <br />General Services Budget to fund the various additions to the <br />budget. <br />The assessed valuation increased from $116,822,810 to <br />$117,375,830. The net increase of only $553,020 is due to the <br />revised method for assessing residential property from 18% to <br />16%. <br />As in past years state statutes provide for an increase in <br />the property tax revenue of 5.5%. This is revenue included and <br />earmarked for capital improvements. The proposed combined mill <br />levy capital and general fund is 5.655 as compared to 5.090 for <br />1988. <br />The Capital Improvement Funds, Combined, Open Space, Water <br />and Wastewater project revenues, (including fund balances) of <br />$4,066,505 and expenditures of $2,550,909. Primary emphasis in <br />the Combined Fund is payment of existing leases, continuation of <br />the pavement resurfacing, and sidewalk improvement program, and <br />acquisition of equipment for most departments. The only <br />expenditure from the Open Space Fund is for the payment of the <br />Aquarius parcel. Major obligations for the Water and Wastewater <br />