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HomeMy WebLinkAboutSeptember 02, 1986 COW Committee of the Whole Meeting September 2 , 1986 A Committee of the Whole Meeting was held on September 2 , 1986 , at 5 :20 p.m. , in the lower level of the Hemmens Building. Members present : Councilmen Andersen, Gilliam, Moylan, Shales, Van De Voorde, Waters and Mayor Verbic. Absent : None. Discussions re Watch Elgin - Integrated Capital Budget Proposal. Terry Jones, Chairman of the Sterring Committee stated the Integrated Capital Budget is a citizens ' response to the problems facing the City of Elgin which have long been identified by citizens . A program to correct Elgin ' s problems has now been drawn by 105 citizens contributing 3 ,000 hours of time, working through seven committees, in an effort to prioritize the projects ' significance in relationship to citizens and community needs, to make a realistic assessment of their costs, and to provide a plan to fund them. The program is in keeping with the character and preferences of the community. "Pay as you go" is its basic philosophy. It seeks to avoid dependence on property taxes and, to the extent possible, bonded indebtedness and payment for debt services. The committees appointed to evaluate City of Elgin capital require- ments have reviewed $139, 862 . 030 in projects. These projects were identified by City staff, citizens, committee members and other governmental bodies. After careful consideration, the committees have reported to the Steering Ciommittee and for the last two months, we have worked to shape and develop a program to rebuild Elgin and prepare for the growth which we face. This program is now proposed to total $71,474 , 120. The committees have identified various sources of existing funding which total more than $38, 300, 000 . The balance of $33 , 200, 000 is proposed to come from the following sources . a) Five percent utility tax on gas, electric and telephone systems which will provide $3 , 700 , 000 per year. b ) Five cents per gallon gasoline tax to be linked to street maintenance which will provide $1, 750, 000 per year. c) One-half cent sales tax which would provvide a net $2 , 200, 000 aafter collection expenses per year. d) Institution of sewer service fees linked to sewer system maintenance which would provide an estimated $600, 000 annually for capital expenditures and $300 , 000 for operations . Committee of the Whole Meeting Spetember 2 , 1986 Page 2 e ) One-tenth of one percent real estate transfer tax which would provide $50, 000 annually. The Council then listened to a presentation by the Chairman of each committee. Several Gas stations owners were present in opposition to any increase in gasoline taxes, and Elmer Hansen protested a utility tax. Councilman Gilliam made a motion, seconded by Councilwoman Shales for the Council to set another meeting to discuss financial priorities and finance procedures. Yeas: Councilmen Andersen, Gilliam, Shales, Van De Voorde, Waters and Mayor Verbic. Nays: Councilwoman Moylan. Adjournment Councilman Gilliam made a motion, seconded by Councilman Andersen to adjourn this meeting and to reschedule another meeting on September 15th, at 5 :00 p.m. Yeas: Councilmen Andersen, Gilliam, Moylan, Shales, Van De Voorde, Waters and Mayor Verbic. Nays: None. Marie Yearman, City Clerk Note: Tapes recording this entire meeting are available.