HomeMy WebLinkAbout083-95 RESOLUTION NO. 83-95
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF DANVILLE
ADOPTING THE 1995-96 FINANCIAL PLAN AND SETTING
THE 1995-96 APPROPRIATION LIMIT
WHEREAS, on June 7, 1994, the Town Council considered and approved the 1994-96
Financial Plan for the Town; and
WHEREAS, a proposed Financial Plan update for the second fiscal year of the Financial Plan
beginning July 1, 1995 and ending June 30, 1996 was submitted to the Town Council on
April 28, 1995; and
WHEREAS, the Town Council held three public study sessions on May 5, May 11 and May
16, 1995 and one public hearing on June 6, 1995 to discuss the proposed Financial Plan;
and
WHEREAS, the Town Council reviewed and made various revisions to the proposed
Financial Plan; and
WHEREAS, the Town Council is required to adopt an appropriation limit for proceeds of
taxes; and
WHEREAS, this limit fixes the amount of general tax revenue that can be appropriated in a
given fiscal year; and
WHEREAS, any excess revenue must be returned to the taxpayers; and
WHEREAS, pursuant to Proposition 111 passed by the voters in June 1990, the Town has
selected the growth in the non-residential assessed valuation due to new construction within
the city and the change in Town population as the adjustment factors for 1995-96; and
WHEREAS, it is in the interest of the Town as an employer to provide wages and
supplemental benefits which are competitive and meet the health and welfare needs of its
employees; and
WHEREAS, it is recognized that economic conditions compel the Town to contain increases
in employee benefit costs; and
ATTACHMENT A
Page 1 of Resolution 83-95
WHEREAS, the Town Manager has submitted recommendations to provide a merit based
increase of 4.5% to Town employees, as derailed in Exhibit A of this resolution; and
WHEREAS, the Town Manager has recommended that positions be renamed/added, also
derailed in Exhibit A of this resolution; now therefore, be it
RESOLVED, that the Town Council of the Town of Danville does hereby adopt the proposed
1995-96 Financial Plan; and be it further
RESOLVED, that the Town Council of the Town of Danville does hereby set the fiscal year
1995-96 appropriation limit at $10,790,710; and be it further
RESOLVED, that the Town Council of the Town of Danville does hereby adopt the
Compensation Plan for Town Employees for fiscal year 1995-96 as derailed in Exhibit A.
APPROVED by the Danville Town Council at a regular meeting on June 6, 1995 by the
following vote:
AYES: Greenberg,
NOES: None
ABSTAIN: None
ABSENT: None
Doyle, Ritchey,
Shimansky, Waldo
MAYOR
APPROVED AS TO FOR~:
CITY ATTORNEY
ATTEST:
CITY CLERK
Page 2 of Resolution 83-95