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MINIIT'I:S
<br />Ca,ty Cauncil
<br />May 18, 7.982
<br />Auda.L- Vo~o reported thaC the C1ty collected 99% oE Che taxe.s due duri.xzg lgg1,
<br />~;e~~ ~10'~o comme,nted tha~ Chi.s cvas a ver.y solid col7.ection rate,
<br />(Cont,)
<br />However, the cnllection ~ate for special assessments was about 73;6
<br />compared to 78% in 1980, Mr. Voto recommended that Che City i.denti.fy
<br />who is delinquP.nt and why. Mr, Voto fe].t ~hat this maq help in the
<br />aollecCion proeess.
<br />Mr. Hanson commerited that there may b~ people playing the money marlcet
<br />and feel that they can rnake mare maney eveax carryi.ng the delinnueney,
<br />Mr_. Voto commentect that once these delinquencies axe identif'ieci,
<br />the City could rnake paym~~ o£ Che assessments a parC of approval,
<br />for example, of a building p~r.mit or a bu~~n~;;s la.cense,
<br />Mr. I~ahey commenteci that in his apini,on this was re.ason enough just ~a
<br />ret~uire the licens'Gng of businesses.
<br />A1r. Voto 9.nform~d the Gouncil. that Che balance of t;he Gexieral Cund
<br />has i.mproved by $g0,000 dur:ing 1981. However, the G~meral Fund should
<br />have a minimurn reaguired cash flow reserve of $272,000, The CS.ty is
<br />about $166,000 ixnder th9s arnaunt. However, ~he balance is going consistent~y
<br />towarcds this figure each year,
<br />Afr. Vnto also repoz°Ced that under the ru~.es and re~ulations of the F'ederal
<br />~ffioe oi' kevenue Sharing Che City should nbtain a special com~~liance
<br />audit for 1980, 1981 or 1982, Mr. I'ahey commentect that he ~hougYat that
<br />the audit was du~ For 7.987,. Mx, L'ahey su~gested that [his be qhecked in~o.
<br />f'iremans At this poi.nL in the meeting the members of the I,ittle Canada Pire Depar.tmes~C
<br />RelieF arrived and the Council decided Co diseuss the F'irernans Itelief Assooiatiozz.
<br />Elssoci.ation
<br />Air, Voto r.apoxCed tha~ he has audiL°ed ~his assoezation~,n~ has determi.ned
<br />Aganda khat at th~ CityS ouz•rent rate of contributi.on
<br />ITem No, 4 ,$12,500, the ser.vi.ce
<br />bene£it could be i,ncreased to $6Q0,00 from $SOq.00 for each yeat^ aE' serv~ce.
<br />'Lhis increase could be made with no incr.ease S.n the City contribution Co
<br />Che fund, If. the benefiC were increased to ~700, ~.his would r~uSre an
<br />increase in Che Gitys contributi,on,
<br />~1r. VoCO also commeriteci L•hat a lon~; Cerm plan was d°asaussed as 2:o horor
<br />oft~n benefits wnuld be 3ncxeasecl and to what levels. The i.nca~easa in
<br />ben~fi.cs is subject to the level of funding by k.he City, Ptr, Vot~
<br />recommendeci that this be monitored, In 1:hat way fireman will be assured
<br />the Reii.ef Association has someth9.ng olose to the fu11 £unding,
<br />A1so' the Ca.ty would he aware each time benefats are inaxeased, wha~ is
<br />expected of the City in the E'uture 5 years or so, so that the C9.ty will
<br />Icnow what to budgeC,
<br />P9r. Voto staCed that at the $600 level, Che total 19.abi,lity will be funded
<br />by the end of 7.986, Chances are Lhat it coiQcl be funded by 1985 or earl9.~r,
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