HomeMy WebLinkAboutMINUTES Administrative Committee 1991-10-14 AttachmentC 0
CHANGES IN BUDGET SINCE 10/14/91 ADMINISTRATIVE COMMITTEE MEETING
GENERAL FUND
REVENUE
1.With the assessed valuation received from county and tax
revenue limit received from Division of Local Government,
property tax changed to $170,085 from $167,950 —+$2,100.
2.L&P revenue estimate has been set:
raised Payment in Lieu of Tax to $60,745 from $56,765
Franchise Fee to $75,930 from $70,956
3.Fire Truck:1991 lease revenue of $285,000
1991 other revenue contribution $75,000
$360,000
1991 capital purchase $360,000
1992 debt service $55,000
EXPENSES
4.General Government Buildings:
updated fuel contamination cost to 1991 @ $89,000
1992 @ $15,000
5.Employee Benefits:Workers compensation —received retro
payment which lowered
1991 expenses to $19,305 (approximate $40,000 savings)
1992 expenses to $34,000 (—43%rather than +20%)
6.Ski Estes Park:1991 from $40,000 to —0—
7.Conference Center Transfer:1991 added $20,000 to transfer
for 1991 utilities (same changes were made in Conference
Center Fund)
8.$10,000 added to UPA Conference Center construction transfer.
SPECIAL EVENTS
1.Moved bond proceeds and related construction costs to 1992
budget.Also moved $43,000 remaining of 1991 barn move to
1992 budget.
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