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<br />e <br /> <br />e <br /> <br />e <br /> <br />Page 8 <br /> <br />City Council Minutes <br />August 31. 1987 <br /> <br />6.5. Budget Process <br /> <br />The Administrator reviewed the budget process with the City Council. <br />Discussion centered on 1988 revenues and expenditures. The Administrator <br />informed the Council that the City is appealing its levy limit and there <br />is a definite lack of revenues to provide required services. The <br />contributions to the City's General Fund from the Utility Commission was <br />discussed. The Council indicated a need for additional revenues from the <br />Utility Commission. The Council discussed a report from the Municipal <br />Utilities Association that indicated general fund contributions from <br />other city electric utility operations. <br /> <br />COUNCILMEMBER HOLMGREN MOVED TO REqUEST THE MUNICIPAL ELECTRIC DEPAR.TMEm <br />TO ANNUALLY CONTRIBUTE 5% OF THE RETAIL SALES FROM THE MOST RECENT <br />AUDITED FIGURES TO THE CITY'S GENERAL FUND IN ORDER FOR THE CITY TO <br />PROVIDE ADEQUATE SERVICES FOR THE. GROWTH AND DEVELOPMENT OF THE <br />COMMUNITY. COUNCILMEMBER DOBEL SECONDED THE MOTION. THE MOTION CARRIED <br />5-0. <br /> <br />7. Check Register <br /> <br />COUNCILMEMBER SCHULDT MOVED TO APPROVE THE CHECK REGISTER. COUNCIL MEMBER <br />HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />COUNCILMEMBER HOLMGREN MOVED TO CONTINUE THE CITY COUNCIL MEETING TO <br />SEPTEMBER 14. 1987. 6:00 P.M. AT ELK RIVER CITY HALL. COUNCILMEMBER <br />SCHULDT SECONDED THE MOTION. THE MOTION PASSED 5-0. <br /> <br />The meeting of the Elk River City Council adjourned at 11:30 p.m. <br /> <br />d0;;6k~ <br /> <br />Recording Secretary <br />