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$��� <br /> 2010 Orono Operatinq Budqet Decision Packaqe <br /> Proposal: Reduce Transfer to Equipment Fund <br /> Annual (Cost)/Savings: Up to 240,000 <br /> Service Level Change: Funding for future capital needs will be <br /> reduced. <br /> Discussion: The estimated balance in the IEO fund at year end will <br /> be $750,000. $100,000 of the balance is set aside for fire equipment. <br /> The CIP draft recently completed by staff will not be adequately <br /> funded at the current funding levels. Decreasing the annual transfer <br /> will increase the shortage. The City could issue debt to purchase <br /> equipment. <br />