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Mr. Crow said he could not imagine nuisance fees being 80, 90 percent of it.Ms. <br />Watson said previously that’s where finance transferred some of the refuse <br />delinquencies and will have to come up with a different method. In the prior <br />billing system, when someone paid the bill, it separated the delinquency from the <br />current bill and so we had determined that because the large delinquency was <br />from many years back now that we have the enterprise fund some of that <br />delinquency is really owed back to the general fund. There is really no way to <br />know exactly how much, so we have set up a declining percentage of those <br />delinquencies that we will be applied to the General Fund. This has not been <br />done yet in our new system so there will be probably be $200,000 in billing <br />delinquency that will be transferred. <br /> <br />Police Services, we bill the school district for resource officers, crossing guards <br />and they pay a portion of that, and Washington University provides us $7,500 a <br />month towards our police services <br /> <br />Mr. Price said if he was looking at tit correctly, the sales use tax is running better <br />than expected and the property tax is better than anticipated. <br /> <br />Ms. Watson clarified that she projected a decline in sales tax and we are not <br />experiencing that. She said the property tax is probably the most stable with <br />slight growth this year because we are able to gain on the consumer price index <br />giving a small growth of 11/2% - 2% gain. <br /> <br />Mr. Price noted that there will be no shortfall <br /> <br />Ms. Watson said excluding the flood buyout, including the reductions we gained <br />and the one time revenues we received there will not be a shortfall. <br /> <br />Mr. Price said he don’t include the flood because that will come out of the <br />reserve. <br /> <br />Ms. Watson said it is expenditure. <br /> <br />Mr. Price said it was not like you are spending money you don’t have. He wanted <br />to clarify it because statements have been made that the City’s budget is in <br />catastrophic shape and people have been calling me asking if that is true. My <br />answer to them was no. If you don’t have any cookies in the cookie jar that <br />would be true. If you have 30% in the cookie jar, t this $1 million dollars will not <br />cause a budget deficit because it is coming out of the reserve fund. <br /> <br />Ms. Watson said it is a deficit when we spend more than we receive. <br /> <br />Mr. Price said he wanted to make it clear, people are thinking that there is no <br />money, there is no reserve, there is nothing. He said he is clarifying in my mind <br />that’s not true. <br /> <br />Ms. Watson stated when we look at a long-term, none of our revenues are <br />increasing as much as our expenditures. <br /> <br />8 <br /> <br /> <br />