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M M M <br />he favors capital improvements that encourage tourism. His <br />second problem is with the recommendation cutting the funding for <br />Treasure Shores Park back to $60,000 rather than the $100,000 <br />requested, his reasons being that the County would have to pick <br />up that shortfall, and a lot of the dollars for this are coming <br />out of District II. Commissioner Wheeler stressed that he could <br />not support a motion leaving those two requests short. <br />OMB Director Baird noted that would add $70,000 to the <br />budget unless you delete something. He informed the Board that <br />although we had been concerned because the State had released the <br />fact that we should anticipate a shortfall of tax, we actually <br />have been running 2% above what was projected. After reviewing <br />this, he felt he possibly could increase the Cash Forward $40,000 <br />and probably pick up another $10,000 on increased revenues from <br />the Tourist Tax. <br />Commissioner Scurlock felt we should be very cautious. He <br />agreed we have not experienced the shortfalls that have been <br />suggested, but he also believed that whatever hits in the <br />country, hits Indian River County a little bit later. He <br />personally did not believe we have experienced the whole impact <br />of the predicted shortfall as yet. <br />Discussion continued with Chairman Bird inquiring about the <br />possibility of reducing the contingencies and Commissioner <br />Wheeler continuing to stress his preference for capital <br />improvements rather than intangibles. <br />Commissioner Scurlock noted that hi_s problem is that this <br />recommendation was debated at the Tourist Development Council <br />level, and although it is possible they didn't have enough debate <br />or it wasn't clear enough on the Save Our Shores issue, he <br />personally has a hard time with going in and changing their <br />recommendation. <br />Chairman Bird agreed he would have a hard time changing <br />their recommendation also, but he would not mind adding to it if <br />the OMB Director felt he comfortably could pick up extra monies <br />by increasing the Cash Forward or from reducing contingencies. <br />Considerable discussion ensued regarding how to find the <br />extra monies. OMB Baird agreed the contingencies could be <br />reduced to $10,000, and he believed we will have $40,000 more in <br />revenue than anticipated. <br />Commissioner Bowman suggested adding $20,000 to the $100,000 <br />recommended for the City of Vero Beach and $20,000 to the $60,000 <br />recommended for Treasure Shores Park, and Director Baird pointed <br />out that increase would not necessitate reducing the <br />contingencies. <br />Ju�� � x.1991 31 . <br />BOOK Piu 560 <br />