Minutes 1955 - Laserfiche WebLink

Browse Search

4."")r there was $50,742 in the Unbudgeted Reserve, $30,000.00 for the sale of Hawes Park, which left a balance of $20,742.00 for emergencies. Mayor Herkner again stated that there was a balance of $2,000 put in the Unbudgeted Reserve last week which had not been appropriated. Councilman Britschgi stated that the original tax-rate had temporarily been 41.21 and that the Council had worked very hard to bring it down to the $1.12 figure, and he felt that if it was necessary the Council should raise the rate to $1.13 which would add approximately $8,000 to the Unbudgeted Reserve. City Manager Rolison stated that if the tax rate was increased it would bring in approximately $9,000. Councilman Jones agreed 90% of the way. He felt that the tax rate should be raised to $1.14 in view of the report that Chief Lodi had presented to the Council regarding 1 increased personnel in order to stay in Class 3 fire rating. Councilman Stout was of the opinion that the tax rate whould be increased to $1.15 to provide funds to improve • parks and plygrounds, Yacht Harbor, etc., as well as provide additional personnel if it later became necessary. Councilman Jones stated that he would like to echo Mr. Stout's thinking. He felt there should be a larger balance to work from it it was found necessary to increase the personnel later on in the year. Councilman Granger stated that they wanted to maintain a minimum tax rate, however, he felt that $2,000 is a cheap insurance. He further stated that Stanford University has a program from which he thought we could secure someone to do the work which our own employees can not find the time. to do. Councilman Jones moved that the matter of $2,500 for. Civil Defense be put into the budget, seconded by Councilman Britschgi and carried. Councilman Stout moved introduction of ordinance, the 1955 -56 tax rate to be set at $1.15. Councilman Britschgi stated that they had worked very hard to keep the tax rate at $1.12 and he felt that since we only need $2,000 the tax rate should be set at $1.13. This would leave just enough money so that there would not be any loose spending of tax payers money. Councilman Jones stated that he would not second the figure, but he would like to be on record that because of Chief Lodi's report to increase the number of personnel he felt that it was necessary to set the rate at either $1.13 or $1.14. Mayor Herkner stated that Councilman Stout's motion was lost for lack of a second. After further discussion, Councilman Britschgi introduced the tax rate ordinance at $1.13, seconded by Councilman Granger. This was again followed by more discussion regarding $30,000 from the sale of Hawes Park which could be used if an emergency arose. Mayor Herkner pointed out the fact that the City anticipated receiving revenue from the sale of cinnabar which could be used for the improvement of Stul- saft Park; improvement of the Yacht Harbor of which there is money available for dredging Boundry Slough. The recent increase of $20,000 is for the general reserve fund. He also stated that the employees of the City and received a raise amounting 5.7% which increased the tax rate approximately 55e, and he said that there was sufficient money to purchase the water reservoir site. This was followed by a roll call vote, Councilman Stout voting NO and Councilmen Royer and Spillers noted absent, motion carried.