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MINUTES OF THE REGULAR ORONO CITY COUNCIL, <br />MEETING HELD ON SEPTEMBER 12, 1994 <br />• ( #17) 1995 PRELIMINARY BUDGET AND TAX LEVY - RESOLUTIONS <br />U <br />• <br />Callahan asked for clarification of budget amounts and increase percentages. Moorse <br />said the tax levy will increase $39,534, or 2% over the'94 levy, the bulk of which <br />increase is for debt service. The general fund will increase $77,572 or 2.5% over'94. <br />This amount is basically for an additional police officer and a general wage level increase. <br />Callahan moved, Hurr seconded, to adopt Resolution 93470 establishing the proposed <br />1995 General Fund Budget as follows: Ayes 5, Nays 0. <br />ESTIMATED REVENUES <br />Taxes - General <br />$1,647,940 <br />Licenses and Permits <br />133,000 <br />Intergovernmental <br />441,935 <br />Charges for Services <br />880,140 <br />Fines and Forfeits <br />66,000 <br />Interest Income <br />41,000 <br />Miscellaneous <br />35,000 <br />Transfers From Other Funds <br />-0- <br />Use of Fund Balance <br />-0- <br />TOTAL <br />$3,245,015 <br />PROPOSED EXPENDITURES <br />General Government <br />$ 677,434 <br />Public Safety <br />1,754,122 <br />Street Maintenance <br />501,358 <br />Parks and Recreation <br />56,815 <br />Recycling Program <br />76,260 <br />Engineering - Unallocated <br />13,460 <br />Reimbursable Expenditures <br />28,741 <br />Special Projects and Contingency <br />57,150 <br />Transfers to Other Funds <br />64,900 <br />Subtotal <br />$3,230,240 <br />General Fund Reserve <br />14,775 <br />TOTAL <br />$3,245,015 <br />Callahan moved, Hun seconded, the adoption of Resolution 93471 adopting the <br />proposed 1994 tax levy collectible in 1995. Ayes 5, Nays 0. <br />9 <br />