Memorandum
City of Lawrence
City Manager’s Office
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TO: |
Mike Wildgen, City Manager
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FROM: |
Debbie Van Saun, Asst. City Manager
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Date: |
August 2, 2005
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RE: |
Agenda Items
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Please place the following items on the City Commission agenda for consideration at their August 9, 2005 meeting:
Per action taken at the July 26, 2005 City Commission meeting, notice of a public hearing to be conducted on August 9, 2005 was published on July 29, 2005 in the Lawrence Journal World. The purpose of said hearing is to answer and hear questions of taxpayers relating to the proposed budget and for the purpose of considering amendments to such proposed budget. The publication of the notice of budget hearing and the accompanying budget summary establishes the maximum limits of the 2006 budget. Therefore, the City Commission may make changes, as appropriate, subsequent to the public hearing that would involve lowering, but not raising the expenditure levels of the published budget summary.
Commission Action. Conduct public hearing for 2006 proposed budget. Approve 2006 City of Lawrence budget, if appropriate, by adopting Ordinance 7913.
Following the provisions of KSA 79-2925b, staff recommends the adoption of an ordinance noting the necessity of appropriating/budgeting property tax revenues for 2006 in excess of that which was appropriated/budgeted for 2005. In addition, the ordinance cites the failure of the Kansas Legislature to fully fund revenue sources pursuant to the statutorily required formulas for the following:
¨ Local Ad Valorem Tax Reduction Fund
¨ City-County Revenue Sharing Fund
¨ Special Highway Fund
Commission Action. Adopt Ordinance 7914, if appropriate.