HomeMy WebLinkAboutPH 1 & 2 REV SHARING 08-01-83DATE:
July 26, 1983
PUBLIC HEARINGS
NOS. 1 and 2, 8-1-83
Inter-Corn
TO:
FROM:
S~J£CT:
HONORABLE MAYOR AND CITY COUNCIL
BILL HUSTON, CITY MANAGER
PUBLIC HEARINGS - 1983/84 Preliminary Budget and Proposed Use of
Federal Revenue Sharing Funds
RECOMMENDATION:
That the City Council continue the hearings to its September 6, 1983 meeting.
As the Council is aware, the recently adopted State budget left unresolved the
amount of loss in State subventions cities will incurr this fiscal year. It is
expected that this issue will be resolved prior to October 1, 1983. If the
State subvention issue is not settled by September 6, the Council could again
continue the hearings.
The Federal Revenue Sharing Funds hearing should also be continued since the
amount of loss in General Fund revenue would affect the proposed use of revenue
sharing funds.