HomeMy WebLinkAbout193-91 RESOLUTION NO. 193-91
APPROVING ADJUSTMENT OF THE 1991-92 FINANCIAL PLAN
TO COMPENSATE FOR REDUCED REVENUES RESULTING FROM ADOPTION
OF THE STATE BUDGET
WHEREAS, The Town Council approved the 1991-92 Financial Plan in July 1991, prior
to the adoption of the State budget; and
WHEREAS, Adoption of the State 1991-92 budget resulted in a net decrease in Town
revenue of $89,000 in the following areas:
Reduction in fines and forfeitures: - $68,000
(50% of non-parking related revenue)
AB 2181 - Extension of sales tax to candy,
snack foods, newspaper and periodicals: + $10,000
Reduction in cigarette tax: - $31,000
Net Reduction - $89,000
and
WHEREAS, the reduction in revenue can be offset by realizing employee salary savings
in the following manner:
Eliminate one Public Works Inspector position
(currently vacant): + $ 51,300
Freeze vacant Associate Planner position: + $ 35,000
Delay in hiring new Maintenance Worker positions: + $ 8,700
Personnel Officer Savings
(difference between budgeted salary and salary of new hire): + $ 4,000
City Clerk Salary
(difference between budgeted salary and salary of new hire): - $ 10,000
Total Salary Savings + $ 89,000
now, therefore, be it
RESOLVED, by the Town Council of the Town of Danville that the Town Council hereby
reduces the approved 1991-92 Financial Plan as described above to compensate for
reduced revenues resulting from the adoption of the 1991-92 State budget.
APPROVED by the Danville Town Council at a Regular Meeting held on October 15,
1991, by the following vote:
AYES:
Greenberg, Lane, Ritchey, Schlendorf, Shimansky
NOES:
None
ABSTAINED: None
ABSENT: None
Mayor
APPROVED AS TO FORM:
ATTEST:
City Clerk