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Moving Forward, I Propose: <br />That the council immediately implement acity -wide <br />drainage improvement plan to be financed by: <br />:• Lowering the required minimum reserves from <br />the current five months of operating expenses to <br />four months - freeing approximately $1.84 million <br />for drainage improvement. <br />.• Consider raising $148,000 a year by an increase in <br />the city's tax rate by 1 cent - enough to support <br />debt of $2.1 million a year to be applied toward <br />improving the drainage system, with the next <br />budget year. <br />