8/27/1980 (2) - Laserfiche WebLink

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r - AUG 2 71990 FOR THIS YEAR. som - 44 PAE'405 405 HE ASKED ABOUT THE COURT FUNDS, $240,0001 AND-: ASKED IF THAT WAS LOCATED SOMEWHERE ELSE LAST YEAR? MR. BARTON STATED THAT HE HAD JUST SPOTTED THAT THERE IS A PROBLEM WITH THE COURT FUNDS. THEY ARE IN AS A + FIGURE AND ALL THE REST ARE NEGATIVES; SO, YOU REALLY HAVE TO DOUBLE TO GET THE EFFECT OF IT. IT SHOULD BRING DOWN THE $4,650,000 BY APPROXIMATELY $500,000. COMMISSIONER WODTKE ASKED IF THE OPPOSITE IS TRUE IN THE MUNICIPAL FUND, AND MR. BARTON STATED IT WOULD NOT BE BECAUSE IT IS CORRECT IN THERE. HE STATED THAT MR. FRY WILL TAKE THIS SHEET AND BRING BACK THE CORRECT FIGURES. MR, BARTON NEXT REVIEWED THE TRANSPORTATION FUND AND REPORTED THAT THIS YEAR IT IS THAT AREA OF ACTIVITY THAT ROAD & BRIDGE PROVIDES ON THE CONNECTOR SYSTEM OF ROADS WITHIN THE COUNTY, AND THEY ARE ASKING FOR THE SAME AMOUNT OF TAX DOLLARS AS RECEIVED LAST YEAR, $100, AND WILL ASSESS A MILLAGE OF .00001 SINCE THE LAW SAYS WE MUST ASSESS A MILLAGE. HE NOTED THAT HALF OF WHATEVER WE COLLECT WITHIN A MUNICIPALITY MUST BE TURNED BACK TO THAT MUNICIPALITY. MR. BARTON REPORTED THAT THE AMOUNT REQUIRED TO FUND THE INTEREST AND PRINCIPAL PAYMENTS AND MAINTAIN RESERVE REQUIRED BY THE 1059 GENERAL OBLIGATION HOSPITAL BONDS CALLS FOR A MILLAGE OF .04239. THE PROPOSED BUDGET FOR THE SOUTH BEACH WATER TAXING UNIT IS $15,000 NET TO BE USED TOWARDS THE PROJECT, AND THIS REQUIRES A MILLAGE OF 2.50202 SINCE THE DISTRICT ONLY HAS SEVEN MILLION IN ASSESSED VALUATION. MR. BARTON CONTINUED THAT THE NORTH COUNTY FIRE TAXING DISTRICT WILL BE ASSESSED 1/2 MILL, OR 0.50000. HE NOTED THAT HE FOUGHT WITH THE PROBLEM OF THE CASH CARRY FORWARD, BUT IT WAS SO CLOSE HE WENT AHEAD WITH THE 1/2 MILL. THIS IS BASED ON AN ASSESSED VALUATION OF 133 MILLION. MR. BARTON REPORTED THAT THE WEST COUNTY FIRE PROTECTION MUNICIPAL SERVICE TAXING UNIT WILL REQUIRE A MILLAGE OF 0.38229, OR 4/10 OF A MILL TO GENERATE THE PROPOSED $25,000 BUDGET. m