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HomeMy WebLinkAbout1961-07-25 ,l17 SPECIAL MEETING Bozeman, Mon tana July 25, 1961 ~I .- The Commission of the City of Bozeman met in Special Session in the Commis- sion Room, City Hall Building, Tuesday, July 25th, 196~ at 8:30 o'clock A. M. Present were Mayor Swanson, Commissioner Staudaner, Commissioner SediVY, City Manager Cutting, Ass't. City Manager Frys~ie, Director of Finance Shadown, Deputy City Attorney Berg and the Clerk. Annual Budget The stated purpose of the meeting was to consider the annual budget for the fiscal year 1961-1962. Pursuant to Section 11-33l8, R. C. M. 1947; the City Manager submitted to the Commission an estimate of the expenditures and revenues of the municipal departments of the City for the new flscal year. The Commission was informed tha t this preliminary budge t was based on the assumption that one mill of new tax levy will produce $7,30U.UO of revenue and contemplated a general increase 1n wages and salaries of approximately four per cent. No change in the general tax levies totaling 42.8 mills was indicated exe~pt that the City Manager in concurrence with the Director of Finance recommended a I new and additional evy of two mills be deemed necessary to provide for the Special Improvement Distrlct Revolving Fund which present balance is wholly inadequate to safeguard the City's outstanding Special Improvement District Bonds. The Commis- sion, following a review and discussion of all budgetary matters, indicated tent- ative approval of this proposed budget with the exception of the suggested additional levy, approval of which was withheld pending further study. Ad j ournmen t There being no further business to come before the Commission at this time, it was moved by Commissioner Staudaher, seconded by Commissioner Sedivy, that the meeting adjourn and the motion was carried by the following Aye and No vote: those voting Aye being Mayor Swanson, Commissioner Staudaher and Commissioner sedlvy; those voting No, none. The meeting was then adjourned at 12:10 P.M. ?'~E 0- ?(4:-::'C~(" ,#-A,- Mayor I ATTEST: I e,/)~~ Clerk of the City Commission .. - - ... ... .. - -