9/6/1995 - Laserfiche WebLink

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MUNICIPAL SERVICE TAXING UNIT (Af.S.T.U.) Administrator Chandler announced that the Municipal Service Taxing Unit millage as reflected on TRIM notices is 1.6236 which is 7.01% above the rollback millage of 1.5173. The proposed M.S.T.U. budget is $14,140,259 which is an increase of $1,139,847 over the current budget of $13,000,412. Administrator Chandler advised that almost 85% of the increase in this fund is confined to 2 areas; a transfer to the General Fund for law enforcement and a transfer to the Transportation Fund for the road and bridge department. The Vice Chairman opened the public hearing on the M.S.T.U. and asked if anyone wished to be heard in this matter. There being none the Vice Chairman thereupon closed the public hearing. ON MOTION by Commissioner Eggert, SECONDED by Commissioner Bird, the Board unanimously, by a 4-0 vote (Chairman Macht being absent), approved the tentative millage rate of 1.6236 for the Municipal Service Taxing Unit for Fiscal Year 1995/96. ON MOTION by Commissioner Eggert, SECONDED by Commissioner Bird, the Board unanimously, by a 4-0 vote (Chairman Macht being absent), approved the tentative budget of $14,140,259 for the Municipal Service Taxing Unit for Fiscal Year 1995/96. TRANSPORTATION FUND Administrator Chandler announced that there is no millage for the Transportation Fund and that the proposed budget is $9,376,511 which is an increase of $743,878 over the current budget of $8,632,633. Administrator Chandler explained that 66% of the Transportation Fund revenue is derived from the General Fund and M.S.T.U. The areas comprising most of the 62% total increase are materials cost, salary reserve and vehicle replacements. The Transportation Fund includes the Public Works, Engineering, Traffic, and Road and Bridge Departments. No additional positions are proposed. The Vice Chairman opened the public hearing on the Transportation Fund and asked if anyone wished to be heard in this matter. 3 Q Fao® SEPTEMBER 6, 1995