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4. 6.04� Increase (To 61.0 <br /> It is projected that adoption of the recommended budget but with a 6.0� tax increase will further deplete <br /> fund balance available by approximately $305,000 during FY 86-87. This will increase the amount needed <br /> during PY 87-88 to restore• fund balance available to the 8l minimum to approximately $1,055,000. <br /> All of the above projections are, based on the assumptions that the level of appropriations adopted are the <br /> same as in the Manager's Recommended Budgets and that any mark-ups made t o in i <br /> will be funded by a true revenue source and not with fund balance. crease this level of expenditur.es <br /> NOTE: The levy of the additional �q, sales tax could 16ftect the above projections for fund balance available <br /> due to its affect on the amount reserved by state statute at June 30, 1987. <br /> -5- <br />