Laserfiche WebLink
F . PUBLIC HEARING: <br /> 1. Consideration of the proposed 1987-88 Town Budget <br /> The City Manager referred to his staff reports dated 6/10/87 and <br /> 6/3/87 which included, in addition to a proposed budget, a budget <br /> summary and program changes. <br /> Siegel recommended that a reserve fund be established in the amount of <br /> $1 million for potential disasters . In his opinion, it was better to <br /> have a clearly marked contingency fund rather than uncommitted funds. <br /> Council discussed the benefits of such a reserve fund and also <br /> commented on the purpose of such a fund. A reserve fund for <br /> emergencies was thought to be more appropriate than a reserve fund for <br /> disasters . <br /> MOTION SECONDED AND CARRIED: Moved by van Tamelen, seconded by Siegel <br /> and passed unanimously to establish an emergency reserve fund of $1 <br /> million. <br />' Regarding the staff ' s recommendation that a two member subcommittee of <br /> the Council be appointed to prioritize which areas of Town needed <br /> improvement for the tree/landscape program, van Tamelen suggested that <br /> it was more appropriate for such a subcommittee to decide how to <br /> administer the program not necessarily prioritize the projects. <br /> Dronkert further commented that the Environmental Design and <br /> Protection Committee was already in place and could be of assistance <br /> with the program. Dronkert also noted that some areas such as the <br /> entrances to the Town did need more attention than others . In <br /> addition, there were those fringe areas between the roads and the <br /> pathways which always seemed to be overlooked. <br /> MOTION SECONDED AND CARRIED: Moved by Siegel , seconded by van Tamelen <br /> and passed unanimously to budget $20, 000 for the tree/ landscape <br /> program for Town property. <br /> MOTION SECONDED AND CARRIED: Moved by Dronkert, seconded by van <br /> Tamelen and passed unanimously to approve the following budget <br /> modifications: <br /> 1) Los Altos Senior Center request for $300. <br /> 2) Community Services Agency request for $1 ,000 for VANTRANS and <br /> $2, 000 for the case management program. <br /> 3) $500 for Los Altos Chamber of Commerce dues. <br /> 4) 4% CPI increase in all permanent employees salaries . <br /> -3- 6/17/87 <br />