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1994 14DGS'1` ]1DOPTIC1if - PUDLIC l�iAAIM4 (�'[JtiL. �VL. �I1Ri 11,/i/93) <br /> 9haron 11stl.^Caru�ci. �'lnanc• Dir�ctox, r�viw�d R�so�utions Na. 4Z, <br /> 4�, and ��, 8�ri�• 1993. Sh� �xplainb thnt th� total 1994 �udq�t <br /> is ��4,p6�,�90, a 1?.S! r�duction ov�r tri• 1993 Budq�t. with th� <br /> �xc�ption ot thi vot�r �pprov�d 3/8� re�l�s and us• tax incr��r�, <br /> kh�r� •r� no otA�r tax incr����� in th• Hudq�t. Th� Sudg�t <br /> includ�s • 17= w�t�r �n3 a 3. S� �r�w�r r#t� i:�cr�is�. Th• Budq�t <br /> inclyd�r 7.59d n s� pa►s1�i�na that �ill b� addMd to th� ai,ty�� work <br /> lorc�. Fund• ar� i.n th� HuQq�t !or vaq• and b�n�tit ad�uat�asnts <br /> tor city s�nploy��� tot�linq 4.7�1t. Yn sw�mary �! vh�r� th� Budq�t <br /> qo�• $10.4 ■ii].ian i• !ar th� Gsn�ral �'und opqx�tion� ot th� ci�y, <br /> 510.1 ■illian i� tar CMpitti Froj�ct�, approxia�t�ly $i8�,o40 will <br /> b� r�sorv�d !or any �xe�ss r�v�nu� ovfr-�xp�ndltur��, Ar�d th� <br /> balincs a! �pproxisat�ly �3 ■iilion qo�: to all o� �h� Q�pt ��rvica <br /> p+�y►w�nt�. Th• 1994 8udq�t �s in caap2! inc+� wittt ll�spda�nt 1. It <br /> i• 14.3a� b�lov th� li�it• ot 11a�nda�nt X. Iq caiculatl.c+q tht <br /> city �� sp�ndinq Zl,wit !or I994 • 3. S� inllation lactar +�ar ua�s! and <br /> th� city' � qrowth ra�� Na� �. 4�� tor a tot�l o! 11.98#. 2'hat ��can• <br /> that th• 1994 bas• �udq�t aauld hav� incr�rs�d 2,1.A��, b�t it <br /> d�cr���ia 2.�4. Th� prop�rtY t�x s�ill 1��►y rat� !az t�x�s <br /> col,l�etb in 1�94 has b��n s�t at �.9Z0�, whic�f is a.ot2 ail� l�vy <br /> raduction av�r th� 194� zati. Th� city'� a�s�ss�d v��u� tor 199� <br /> !.• $174,447,�2�� �n 11.'��� incr�asM ov�r l�st y�ars •s��ss�d v�1u�. <br /> Th• city's #ctual val�� !or IA9� is �967,�42,950, t 19.7i! incr�ssi <br /> ov�r th� pr�viuur y�ar. For 199� th� city�s r��id�ntial prap�rty <br /> will b� ass�ss�rd at �Z.a6i o! •ctual valu�, trhich is camparad to <br /> 1�.34= !or 1943. for �vrry Z100,400 ot actu�� va1y� a La�;svflls <br /> hoa would s�� • d�cr�a�� in Loui�vill• pro�rty tax�s o! <br /> e►pproxiwat�ly ;9, <br /> chr�.s Mi�l�r, 1►s�irt�nt to th• City 1►d�inirtr�etor, rrvi�Y�d the <br /> Cmpit�l Itiprov�n�nt Proqra�as tor 1994 - 1998. For �I1 funds tor <br /> 1994 r�v�nu�s ar� prai�atid �t i�0,74�,sZ4 with total �xp�ndit�ris <br /> proj�ct�� a� $iZ,44�,11�, l��vir►Q an •ndinq tund balanc• fn 1A94 <br /> !or th� •ntir� C2P a! �7,553,409. <br /> R�BOIAT IOM �O. � 2, StjtlB�/ 199 �- BrA0i�3tI Z I1tG t]CPixDIZV�i �D <br /> ]t�EV�fiJ� !OA i�Cll 1�V11D 7111D 1►DOT�TIIiG ��TDGS'L` �Q� T� CI'1'Y Ol� <br /> L4IJIBVII.I,E. CGLOkADO� l�'OR Z'HS CJIL�WIR YBJIR dEGIItl�IMf3 Oil TH� <br /> l�YRBT O�Y OLr Jll�l'W.kY, 1994 All� �tD�l(�i OM T� YJ18T D�AY O�' <br /> D�C�R� 1944 <br /> H�rnbosC�l ap�n�Q th� publlc A�arinq ca111nq tor anyan• in th� <br /> audi�no� wlshinq to cos��nt on R�solutian Ho. 42. <br /> NONE <br /> Harnbost�l clor�d th� publie h�arinq and c�ll�a to�r Council <br /> ca��nts. <br /> Havar4 �rtstMd th• s�ni,or• w�r� plaas�d viCh th� eudq�t. <br /> s <br /> �L7► ,. _--�. Id'�'a��✓l�c]�r.w!��nl.�f�.�."Y.a�Y ��'J.. r . __�i�ilt�r,�,Nbei.L!! .�.� r�9.ib�.,/:wft.[r Swa.�:u=" .. . �..� _ . �_ [. •) � � .�11: <br />