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117 <br />MINUTES OF THE PROCEEDINGS FOR THE REGULAR CITY COUNCIL MEETING OF OCTOBER <br />5,-19B7 <br />Mayor George Atkinson called the meeting to order at 7:00 PM> <br />PRESENT: Robert Olson, Deane Vail, George Atkinson <br />City Administrator, Ken Huber <br />City Clerk, Mary Ann Creager <br />ABSENT: Theodora Peltier, Arthur Potts <br />Motion made by Olson, seconded by Vail, to approve the minutes of <br />September 21,1987 as submitted. <br />All aye. Motion Carried. <br />Vail made motion, Olson seconded, to approve the General Claims for <br />October 5, 1987 in the amount of $6,118.09. <br />All aye. Motion Carried. ' <br />Olson made motion, Vail seconded, to approve the Utility Claims for <br />October 5, 1987 in the amount of $4,041'03' <br />All aye. Motion Carried. <br />COUNCILMEMBER, THEODORA PELTIER, ARRIVED AT 7:03 PM. <br />7.A 1988 Fiscal Year Budget (Resolution) <br />The 1988 general fund budget for the upcoming fiscal year is now complete <br />and balanced as per Council direction. The budget features adjustments in <br />coding and cost accounting certain expenses to the appropriate <br />departments' The proposed budget reflects a 4% increase over the 1987 <br />estimated budget expenditures. The only major identifiable increase in <br />the budget is in the area of streets and roadways. The city will be <br />paying a higher rate for equipment rental and labor than in previous <br />Years. Despite this increase, we should be able to maintain the same <br />service levels as was provided in 1987' It should be noted that this <br />budget does not reflect the $35,000.00 in expenditures for conducting a <br />water management study as required by Minnesota Statutes' Our <br />communications with the Commissioner of Revenue's office is that they will <br />not be making a decision on our appeal until some time late next week. <br />However, they have indicated that adjustments in our budget and tax levy <br />will be permitted after the October 10th deadline to deal with this issue, <br />if necessary. The $700,802'00 budget being recommended was a result of <br />approximately $80,000.00 in budget cuts, after two budget meetings, by the <br />City Council earlier this fall' We feel that the budget is realistic and <br />should not result in any reduced levels of service to the community at <br />this time. <br />Vail made motion, Olson seconded, to adopt RESOLUTION 1987-47, A <br />RESOLUTION APPPROVING THE GENERAL FUND BUDGET FOR THE 1988 FISCAL YEAR IN <br />THE AMOUNT OF $700,802.00. <br />All aye. Motion Carried. <br />