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12/05/1977 - Special - MinutesPort Orchard, Washington December 5, 1977 Mayor Powers called budget meeting to order. Present: Councilmen Libby, Eugene Caldwell, Wilson, Lee Caldwell, Geiger and Haberl.ach. Councilman Roos absent. Councilman Geiger spoke on the adjustments and alterations made in the preliminary budget. Also stating that there were no salary increases within the budget. Also stated that the reconciliation of the funds would be completed at the end of the year when all the expenditures were known. Stated that the City would sustain a Loss of approximately $25,000 during 1978 because of Initiative 4345. Also stated that it appears that the Variable Gas Tax will remain. The Police Budget was increased about $6,000.00 over 1977. Stated that $12,200.00 had been allocated with $9,000.00 doing to Street and $3,200.00 to Current Expense. Councilman Geiger moved that the budget as presented be adopted. Seconded by Councilman Libby and carried. Meeting adjourned at 7:45 P. M.