Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, May 2, 1990                   TAG: 9005020036
SECTION: CURRENT                    PAGE: NRV2   EDITION: NEW RIVER VALLEY 
SOURCE: KIM ZEOLI  SPECIAL TO THE ROANOKE TIMES & WORLD-NEWS
DATELINE: RADFORD                                LENGTH: Medium

RADFORD'S BUDGET REVIEWED BY COUNCIL

City Manager Robert Asbury presented Radford City Council with budget figures that will receive final approval next Monday.

The budget figures:

General fund, $9,204,231

Electric fund, $12,451,108

Water fund, $971,004

Waste water fund, $2,110,222

Equipment operation and maintenance, $393,515

School bus fund, $55,199

Solid waste fund, $813,997

Street and highway maintenance, $1,275,287

Capital projects fund, $112,030

Equipment replacement fund, $314,564

Revenue and spending totals for the 1990-91 fiscal year balanced at $27,701,157. This figure doesn't reflect school funds because the School Board did not submit figures before Monday's meeting.

Council decided to send a letter to the School Board stating that the figures are needed no later than noon Friday.

The School Board's totals will be reviewed at the Monday meeting.

City Council also decided to continue with Radford's current health-insurance program. Asbury said the Blue Cross-Blue Shield program is the best choice.

Council was presented with three additional health insurance options, but decided against any of them.

In other matters, council:

Had the final reading of ordinance No. 1191, which established the real estate tax at 70 cents per $100 value and personal property taxes at $1.40 per $100 value.

Had the final reading of ordinance No. 1193, which established a 2 percent hotel-motel room tax for people who stay at a licensed boarding house or private hotel.