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12/02/1974 - Special - MinutesPort Orchard, Washington December 2, 1974 Special meeting for the hearing on the 1975 Budget for the City of Port Orchard, Washington called to order by Mayor Paul D. Powers, Jr. Council members present; Fulton, Caldwell, Doyle and Geiger. Councilman Geiger, Chairman of the Finance Committee, reported to Council on the workings of the Committee and what was accomplished in the way of balancing the 1975 Budget. The total budget for 1975 is $1,776,034.00, the assessed valuation of the City is $17,621,260 and the amount of each mill is $17,621.00. Also, one mill is alloc- ated to the Regional Library, 4.4634 mills ($78,651.00) to Street Fund. It is believed that the �Sales Tax will bring in $140,000.00. Continued to explain in detail, sources and amounts of revenue. Current Expense Fund will have $378,614.00. Councilwoman Doyle wanted further information on the Clerk's salary and also wanted to know if the salaries are spread into other areas. City Treasurer Lorraine Carraway explained to Councilwoman Doyle as to how the Clerk's salary is spread by percentages between respective funds. Treasurer informed Council of the need for a new calculator. Council approved the addition of $300.00 in Capital Outlay for a new calculator. Councilman Geiger moved to adopt the proposed 1975 Budget in the amount of $1,776,034.00. Seconded by Councilman Caldwell and carried. Adjourned at 8:45 P. M. Clerk Mayor E