HomeMy WebLinkAbout2289_001COMMITTEE OF THE WHOLE Clen Office
A G E N D A
Meeting Location: Meeting Date and Time:
Board Room, 2nd Floor Tuesday, February 222 1983
112 East Northwest Highway 7:30 p.m.
I. CALL TO ORDER - ROLL CALL
ACCEPTANCE OF MINUTES OF JANUARY 25, 1983
III. CITIZENS TO BE HEARD
IV. BUSINESS REHABILITATION LOAN PROGRAM
The Village's Business Rehabilitation Loan Program has
not had any significant activity since its creation.
While some of this may be due in part to the current
economic conditions, the staff is of the opinion the
, i
to maximum, $25,000, is not sufficient to trigger
serious activity.' The staff is recommending, the
Village Board consider increasing the,max3 i -MUM, loan
amount to $50,000 and to further add a Section to the
Ordinance to provide that in special cases the Mayor
and Board of Trustees could authorize program participa-
tilon above that amount.
from the, Department of Community
i,s, a, MeMo,',
Attached �"
Development, and, the staff available at the will be
Meetin,,g- to, di8cus,sl the: Progi
ram and its objectives n
greater detail.
V. 1983-1984 BUDGET
Pursuant to our Budget schedule, we should be reviewing -
the Revenue Section, pages 1-36 and Village Administration
)-es 1-24, in''. the Expense
and 14anagement Services, pages � oj ected in'l the
Section of the Budget. Revenues, as pr
Budget, are based upon current 'Village policies and there,
6,
increases in present
are no increases anticipated b,y
rates. We are budgeting revenues, for Cable TV and the
sale of municipal property. General Fund revenues are
predicted to increase some 3.7%. Without the revenue
item for the sale of property, General Fund receipts 0.
would be 2% lower than they were last fiscal year. We
have been notified by the Federal Government that our
Revenue Sharing allotment will be reduced nearly $50,000.
Under Expenses, we are transferring the Newsletter
budget from theVillage Manager's office to the "Village
Clerk's office. We are adding to the Village Manager
budget the expenses anticipated with the first full
year of operation of cable t.v-
Vj,. MANAGER'S REPORT
1. Water Agency.
2. Status Reports.
VII. ANY OTHER BUSINESS
DEFERRED ITEMS
Development Code Administrative Update
Library
'4040
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