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587
<br />
<br />April 30, 1991
<br />
<br /> At ~ Public Hearing of the City Council keld on Tuesday,
<br />April 30~ 1991, there were present:
<br />
<br /> MayOr Gloria O. Webb, Vice Mayor E. G. Corprew, Jr'~,
<br /> Johnny M. Clemons, John H. Eppe~son, James C. H~.wk~,
<br /> Lee E.' King, L. Louise Lucas, V. Wayne Orton, Cityl
<br /> Manager, Stuart E. Katz, City Attorney.
<br /> Vic9 Mayor Corprew opened the meeting with prayer, followed
<br />by the Pledge of Allegiance to the Flag.
<br />
<br /> May~r Webb welcomed all visitors in attendance.
<br />
<br />The foll ~wing budget message was submitted by the Ci y anager:
<br />
<br /> "In accordance with Article V of the Charter of th~ City of
<br />Portsmouth, I hereby submit the proposed Annual Operating Budget
<br />for fiscal year 1991-92 for your consideration and adoption.
<br /> _BUDGET IN .BRIEF
<br />Recommer~ed Appropriations F¥90-91 FY91-92 Amount C~an~e %
<br />
<br />*Other -
<br />
<br />Other Bu
<br />Transfer
<br />Oper.
<br />Budget C,
<br />(Eme:
<br />Transfer
<br />Fund
<br />
<br /> Th~
<br />not driv
<br />previous
<br />cities i
<br />the loll
<br />
<br /> O
<br /> O
<br /> O
<br /> O
<br /> O
<br /> O
<br />
<br /> Fi~
<br />a reliak
<br />its eco~
<br />
<br />Scb ~ol Operating Fund
<br />Get ral Gov't. Operations
<br /> ~cher - Net*
<br />
<br /> Total
<br />
<br /> ~Net consists of~
<br />
<br /> Iget Funds
<br /> to School
<br /> ~ting Fund
<br /> >ntingency
<br /> ~g-e ney )
<br /> Between Budget
<br />
<br />$ 78,644,659 $ 77,666,410 $- 978~249 -1.24%
<br />71,002,119 72,070,333 1,068,214 ~1~4~
<br />59,7014,513 63,261,577 3,557~66,4 -5.96
<br />
<br />$209,351,291 $212,998,320
<br />
<br />$ 3,647,029 1.74~
<br />
<br />$ 72,373~130
<br /> 33,820,327
<br />
<br /> 4,780,911
<br /> <51,269,855>
<br />
<br />$ 74,368,075
<br /> 34,607,34
<br />
<br />S 59,704~513 $ 63,261,57~
<br />
<br />BUDGET MESSAGE
<br />
<br />recommended budget herewith presented is au~te[e, but is
<br />}n by crzsls. Because of prudent actions ta~en~
<br />.y, this budget is unlike those of many of the ~ther
<br />~ the Hampton Roads region, the State, and the 3ountry in
<br />>wing noteworthy respects:
<br />
<br />3o employee layoffs
<br />
<br />3o reductions in City services
<br />
<br />~o real estate or personal property tax increa~ s
<br />
<br />{eal estate assessments increased by less than /2 of 1%
<br />
<br />3mployees benefits have been enhanced
<br />
<br />[ncreased school funding
<br />
<br />{lly, and most important, this recommended b~dg~t provide
<br />ce blueprint for the City to continue to operat~ within
<br />)mlc means.
<br />
<br />
<br />
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