Agenda Packets - 1993/10/04 - Laserfiche WebLink

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Although not a new position for 1994, a part time Code Enforcement position was established in the 1993 Budget. The estimated cost to the General Fund for 1994 is -,500. Other reductions in the 1994 budget could be obtained through reduction or elimination of present City services. Should Council so direct, staff could begin the process of identifying options and present them to Council at a future budget work session. On the revenue side of the budget are two options. These options involve the franchise fee and the use of fund balance. • The 1994 Budget presently proposes the use of $125,000 of franchise fees to finance services for 1994. Staff estimates the receipt of approximately $180,000 of franchise fees in 1994. That leaves a balance of $55,000 not appropriated. Some or all of this could be used for the 1994 Budget. • An assumption that was used in preparing the 1993 Budget was that a reduction in State Aids would occur in 1993. $125,000 of fund balance was designated for budgetary shortfalls. To date this has not happened. Since $20,000 of fund balance was used for Focus 2000, $105,000 could be used for the 1994 General Fund Budget or for other purposes(City Hall remodeling, golf course, or ??). All or some of the above options could be used in developing the 1994 General Fund Budget. The list of options above are just some of the options available. Council members or others may have alternative options. Staff seeks Council direction regarding the 1994 Budget.