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282 <br />City Attorney also noted that should proposals for change have an effect <br />on Sales Taxes, some changes in the Ordinance would be required. The <br />final Budget would be certified and reflect any changes; however, his <br />concern was relative to specific items included in the Budget. <br />Councilman Henderson indicated interest in reviewing certain elements in <br />view of her position that 21¢ increase was more than she could support. <br />Councilman Petersen moved to close the public hearing, seconded by Councilman <br />Keckley and carried, Councilman Henderson voting no. <br />Councilman Weymouth moved to introduce Ordinance of the City of Redwood City <br />adopting the Final Budget of the City for the Fiscal Year July 1, 1970 - <br />June 30, 1971; providing for the appropriation and expenditure of all sums <br />set forth; providing for emergency expenditures, transfers, additional <br />appropriations and cancellation of existing appropriations; and, repealing <br />Ordinance No. 1410, as amended, and all ordinances and resolutions in conflict <br />herewith; <br />and, <br />adopting <br />Budgets <br />for General Improvement Districts <br />No. 1-64, <br />No. 1-65, <br />No. <br />2-65, and <br />No. 3-65 <br />for the Fiscal Year July 1, 1970 <br />- June 30, <br />1971, seconded by Councilman Keckley. <br />On the question, Councilman Henderson moved to amend Capital Expenditure Fund <br />(Account 468 - Equipment Replacement Services) to delete item of Backhoe <br />Loader in amount of $20,000, seconded by Councilman Arnett, Councilman <br />Arnett indicated he also could not support the Budget as submitted and <br />felt additional cuts might be effected at this time, indicating that other- <br />wise, the budget as submitted may not be approved. Mayor Bury noted there <br />had already been substantial discussion on the items, and Councilman <br />Petersen stated he would like to indicate that Staff had submitted a budget <br />he considered fiscally responsible, and further, that Council had made <br />further reductions from the original proposal. He indicated he not only <br />could accept this budget, with its 21¢ increase in tax rate, but also could <br />agree to proposalfor increase in Budgeted Reserves which might increase the <br />tax rate another 3¢. It was his belief that sufficient Budgeted Reserve <br />was important, in view of pending legislation which could put the City in <br />position of bankruptcy, and felt there was a responsibility to not only <br />protect the tax rate, but also to add to Budgeted Reserve. Councilman Rhodes <br />noted the proposed budget was based on several assumptions, that amount of the <br />sales tax will not go down, that it will not be necessary to replace personnel <br />in positions eliminated, that there would be no major emergencies in Redwood <br />City, and that it is possible to cut further in personnel by attrition. <br />