HomeMy WebLinkAboutPH 1,2 & 3 REV SHARING 09-06-83OATE:
August 31, 1983
PUBLIC HEARINGS
Nos. 1, 2, and 3
9-6-83
Inter-Corn
FROM:
SUBJECT:
The Honorable Mayor and City Council
Bill Hust°n, City Manager
PUBLIC HEARINGS ~ 1983-84 BUDGET AND PROPOSED USE OF R~VRNUR SHARING FUNDS
It is recommended that the City Council continue the public hearings to its
September'19, 1985 meeting.
To date the State Legislature has not resolved the issue of whether the local
government "deflator' will be suspended or repealed by October 1, 1983. If
the deflator goes into affect, the City's 1985-84 preliminary budget would have
to be amended substantially due to the loss of all State subventions. There
are indications that the Legislature and Governor will reach an agreement on
this issue by October 1.
BH/kaw