Laserfiche WebLink
Several financing options are presented below. <br /> Option No. 1 <br /> 100% of remaining 1994 Franchise Fees $47,905 <br /> 100% of remaining 1995 Franchise Fees $47,659 <br /> 50% of unallocated 1996 Franchise Fees $26,250 <br /> 50% of unallocated 1997 Franchise Fees $26,250 <br /> Street Light Utility Funds $20,000 <br /> Recreation Activity Funds $16,936 <br /> $185,000 <br /> Option No. 2 <br /> 3% 1996 property tax increase $44,828 <br /> 50% of remaining 1994 Franchise Fees $23,950 <br /> 50% of remaining 1995 Franchise Fees $23,830 <br /> Street Light Utility Funds $20,000 <br /> 100% of undesignated fund balance - General Fund $62,204 <br /> Recreation Activity Funds $10,188 <br /> $185,000 <br /> Option No. 3 <br /> 75% of remaining 1994 Franchise Fees $35,928 <br /> 50% of remaining 1995 Franchise Fees $23,830 <br /> 50% of unallocated 1996 Franchise Fees $26,250 <br /> 50% of unallocated 1997 Franchise Fees $26,250 <br /> Street Light Utility Funds $20,000 <br /> 85% of undesignated fund balance - General Fund $52,742 <br /> $185,000 <br /> Option No. 4 <br /> 100% of undesignated fund balance - General Fund $62,204 <br /> 100% Available fund balance - Recreation Activity Fund $58,835 <br /> 92% of remaining 1994 Franchise Fees $43,961 <br /> Street Light Utility Funds $20,000 <br /> $185,000 <br /> Donald Brager, Finance ' ector <br />