08-08-86 Personnel & Finance - Laserfiche WebLink

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Page 5. Personnel and Finance Committee August 8, 1986 JUNK VEHICLE, page 85, $25,950 Mr. Vance noted that one cent on tax roles is being requested. One cent would generate approximately $40,000. Councilman Paszek made a motion seconded by Councilman Serge that the Junk Vehicle Budget be recommended to Council favorably. The motion passed unanimously. UNSAFE BUILDINGS, page 65, $ Mr. Vance then explained the Unsafe Building account. Following this explanation, Councilman Serge made a motion seconded by Councilman Paszek that the requested budget be recommended favorably. The motion passed unanimously. ECONOMIC DEVELOPMENT REVENUE BOND, pages 89 through 90, $15, 535 Mr. Vance reviewed the Line Item detail on this proposed budget which is identical to the current budget. Councilman Braboy made a motion seconded by Councilman Serge that the budget be recommended favorably to . Council. The motion passed unanimously. T.I.F ALLOCATION FUND, page 97, $336,138 Mr. Vance noted that this fund is a new fund which is required for 1987 so that proper interest payments can be made. This account is required by State law. Councilman Serge made a motion seconded by Councilman Braboy to recommend this budget favorably to Council. The motion passed unanimously. CUMULATIVE CAPITAL IMPROVEMENT FUND, (CCIF) , page 76, $645,482 Mr. Vance reviewed this budget which is . 8% lower than the current budget. Councilman Paszek made a motion seconded by Councilman Serge to recommend this budget favorably to Council. The motion passed unanimously. MISCELLANEOUS MATTERS Mr. John Lesczyznski then noted that various questions were raised with regard to the Motor Vehicle Maintenance Fund. He noted that the only were possible could be made would be in the gasoline account. Mr. Vance noted that he would review the budget and report back to Council.