Laserfiche WebLink
IMP <br /> .14 / <br /> k <br /> 5/18/82 Page -12- <br /> Administration depleting the Social Security <br /> Fund to be placed in other funds. She comma- <br /> pared the United States to Russia by stating <br /> about 10 years ago Russia made a atatment <br /> all they had to do was wait, would not have <br /> to fire a shot at America, that America <br /> would destroy itself, and it was her thought <br /> this was happening. <br /> Tony DelPizzo Remarked that the increases presented to <br /> 1337 Jefferson Ave. former Council, of which he was a member, <br /> for both sewer and water was to be appxoxi- . <br /> mately $6.00. He .stated that the auditors <br /> advised them that the water and sewer funds <br /> were not meeting the expenditures, and this <br /> should be reviewed to find additional revenues. <br /> It was his feeling that the proposal was <br /> complicated and was designed to bind the <br /> taxpayers to pay more for water and sewer, <br /> which will brown-out the City. It was his <br /> opinion the average homeowner would be <br /> paying $35.00 to $40. 00 per month depend- <br /> ing on the size of the property. Felt that <br /> the statement that the wafer and sewer <br /> funds showed a deficit was inaccurate; was <br /> his feeling these funds supplemented others. <br /> Commented to his recollection transfers <br /> were made from the utility funds to supple- <br /> ment the general fund, and the City was <br /> solvent - when the budget was turned over <br /> to the new Council at the end of the year, <br /> there was no deficit. <br /> Administrator Wurl Advised in 1977 the City sold $123,442.00 <br /> worth of water, but spent $136. 755.00 on <br /> the system, exclusive of capital improvements. <br /> In 1978 revenues were $129,283.00 - expendi- <br /> tures were $164,096.00; in 1979 - revenues <br /> were $175,535. 00, expenditures were $279,769.00; <br /> in 1980 revenues were $202,479.00, expendi- <br /> tures were $338, 793.00; in 1981 revenues <br /> were $200,926.00. expenditures were $345,302.00. <br /> Wurl advised there was a depreciation figure <br /> included that can be deducted. <br /> DelPizzo inquired how much money was received <br /> in tap fees over the years? <br /> Wurl advised this money was spent for capital <br /> improvements and water shares. <br /> DelPizzo commented the City had projected <br /> 6,000 a.f. of water would be needed to supply <br /> e poplulation of 13,000 people and it was <br />