HomeMy WebLinkAboutM-80-0722CITY OF h11AM1, FLORIDA
INTCR•OFFICC MEMORANOUM
Richard L. Fosmoen U,%rE, September 26, 1980 :,LF
City Manager
Response to Commissioner
Plummer's Request for Budget
)�
Alternatives
Howard V. Cary
Assistant City Manager +�-Ff Rr:'h'ES
Pursuant to Commissioner Plummer's request, the following
information outlines five (5) budget alternatives to the
Fiscal Year 1980-81 Proposed Budget:
I. Alternative I
A. Make the following adjustments to the FY 180-81
Proposed Budget:
1. Increase Occupational Licenses $1,700,000
2. Use Interest from Interama Fund 500,000
3. Reduce Special Contingency 1,217,178
4. Reduce Departmental Budgets _714,150
TOTAL $4,131,328
B. Use $4,131,328 to reduce millage rate
8.956 mills
(.670) mills
8.286 mills
II. Alternative II - $1.5 Million Public Safety Fund
A. Make the same $4,131,328 adjustments as in Alternative I.
B. Use $1,500,000 of the $4,131,328 to establish a Public
Safety Fund.
C. Use the remainder of $2,631,328 to reduce millage rate.
8.956 mills
(.427) mills
8.529 mills
Richard L. Fosmoen
City Manager
III. Alternative III - $2 Million Public Safety Fund.
A. Make the same $4,131,328 adjustment as in
Alternative I.
B. Use $2,000,000 of the $4,131,328 to establish
a Public,Safety Fund.
C. Use remainder of $2,131,328 to reduce millage rate.
8.956 mills
(.346) mills
8.610 mills
IV. Alternative IV - $3 Million Public Safety Fund.
A. Make the same $4,1310328 adjustment as in
Alternative I.
B. Use $3,000,000 of the $4,131,328 to establish
a Public Safety Fund.
C. Use remainder of $1,131,328 to reduce millage rate.
8.956 mills
(.183) mills
8.773 mills
V. Alternative V - $4.1 Million Public Safety Fund.
A. Make the same $4,131,328 adjustment as in Alternative I.
B. Use the entire $4,131,328 to establish a Public Safety
Fund.
C. Hillage rate remains at 8.956 mills.