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Budget Study Session <br />May 18, 2005 <br /> <br />preference. It is not the cheapest system, but it is the way preferred by the citizens. <br /> <br />Mayor Adams made some comments about other local municipalities and their flat tax <br />rates. Some will be operating on deficits, because they spend reserves to maintain their <br />budgets. The City Manager said the undesignated fund balance would be discussed on <br />Monday after the Council meeting and there will be a confidential personnel memo on <br />the process for selecting a City Clerk. <br /> <br />Adjournment <br /> <br />The meeting adjourned at 9:00 p.m. <br /> <br /> <br /> <br />____________________________________ <br />Leisha Meine Forsythe, City Clerk <br />Page 16 <br />