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-- J <br /> • 3 <br /> Total General Fund Expenditures are, prof ected` to be:-$1 ,840 ,000 ; or. a . <br /> 3 . 1% increase in spending over 1987 . Not included are issues related" <br /> to the need to dredge Mirror Lake and make repairs to the spillway. <br /> SANITARY SEWER FUND <br /> A 10 cents per hundred cubic foot rate increase is needed to start to <br /> bring the fund out of. the red. The budget should .balance. .. Not <br /> included,- however, are any major sanitary or storm sewer : repairs or <br /> studies currently being planned as well as the cost of the Foss Road <br /> lift station. Depending upon how these are financed, the rates may <br /> need to be raised further. <br /> WATER FUND <br /> This fund also has a positive balance. It is based on a )O per <br /> hundred cubic foot increase in rates needed to bring the fund out of <br /> the red. - The cost of the City' s share of O&M for the carbon <br /> filtration plant, legal fees and other costs related to the water <br /> contamination problem are included and thus necessitate the proposed <br /> rate increase. <br /> • CAPITAL EQUIPMENT FUND <br /> This shows a transfer of $140 , 000 'from the General Fund and a <br /> transfer from reserves - for purchase of the new voting machines. <br /> The attached chart shows the estimated effect of the proposed budget <br /> on an $85, 000 and $100 , 000 house in the City. <br /> DMC:cjk <br /> • <br />