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Agenda Packets - 1992/12/28
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Agenda Packets - 1992/12/28
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Last modified
1/28/2025 4:51:49 PM
Creation date
7/17/2018 8:46:03 AM
Metadata
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/28/1992
Supplemental fields
City Council Document Type
City Council Packets
Date
12/28/1992
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consequence of the decrease of several accounts. Investment <br /> income is anticipated to decrease substantially as a consequence <br /> of a substantial decrease in interest rates which has accompanied <br /> the recent economic downturn. Interfund transfers is increasing <br /> slightly due to the fact that a transfer of $50,000 from the <br /> Storm Water Fund is budgeted for storm water maintenance <br /> activities. Other transfers are estimated to decrease due to the <br /> fact that the transfer from the Special Projects Fund which is <br /> dedicated solely for the purchase of capital outlay items is <br /> based upon the anticipated interest earnings of the Fund. <br /> Total estimated 1993 General Fund revenues of $2,762,413 are <br /> 2.90% less than 1992 budgeted revenues of $2 ,845,032_ <br />
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