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HomeMy Public PortalAboutMinutes-03/05/1976TOWN OF TIFFIN TIFFIN, IOWA 52340 i ,• The Tiffin City Council conducted a public hearing on the proposed 1976-1977 budget at City Hall on March 5, 1976 at 7:00 p.m. Mayor Brotherton presiding. Councilmembers present: G. Potter, R. Formanek, J. Stratton and R. Janssen. Absent; T. Morgan. A formal objection to the proposed budget was raised by Roger Formanek. He stated that a review of the budget revealed that the City had not disclosed the investments that it has available to use to cover expenditures and since there was no explanation given as to why these funds are dormant, the City should exhaust its investments before asking for tax monies. After a lengthy discussion, Council members agreed to have capital improvement projects prepared and decided upon before certifying and filing the 1976-1977 proposed budget. Stratton moved to continue budget discussion at the regular March loth meeting and adjourn. Formanek seconded and motion carried unanimously. Beverly rtcher, Clerk-Treas. [*