1996 BUDGET - Laserfiche WebLink

Home Browse Search

II MI City of Louisville Administration Mayor and City Council City of Louisville 749 Main Street Louisville, Colorado 80027 Dear Mayor Davidson and City Council: I am please to present to you the 1996 Annual Budget. Our commitment to the delivery of basic services to the residents of Louisville while maintaining the City's fiscally sound policies have been addressed in this budget. Council Goals The Councils Goals set the basis for the budget direction. These goals have been addressed in the 1996 Budget as follows: a. The total 1996 budget appropriation of $22,200,615 is 1.57% or $353,380 under the 1995 total budget appropriation. The budget process tied expenditures to a growth index to effectively limit the size of city government. b. The Conservation Trust Fund for 1996 has been split into two funds, to specifically identify the funds earmarked for open space. The open space funds are budgeted over the next four years, working toward the goal of acquiring more open space. c. The Parks budget includes moneys for privatization of the maintenance of one additional park, in response to this specific goat. d. The Planning Department contains a specific line funded for design review services, specifically to address the goal to adopt design criteria. e. The Personal Services, including Regular and Temporary salaries include a 3.5% increase, to "continue to invest in the city's work force." f. The mill levy has been reduced to 5.457 for 5.820, to initiate an ongoing goal to "find ways to reduce the property tax mill levy." 9• The Water Utility Fund contains funds for early retirement of the 1986 G.O. Water bonds, a specific goal. 749 Main Street Louisville, Colorado S0027 (.;(? ;r;.;_ ,,F, FA): 1,?aii._.