BELL — After months of trimming projected city expenses, the City Council has approved a $9-million budget for 1985-86.
About $700,000 was cut from maintenance expenses and administrative operating costs because of decreased revenues from the city's largest revenue source, the California Bell Club, officials said.
In adopting the budget Monday, the City Council also agreed to allow $125,000--the expected shortfall--to be taken from city reserves, officials said. Bell has a reserve fund of about $3.5 million, said Financial Director Steve Klotszche.
"If you dip into your savings account to maintain your life style, eventually you're going to run out of your savings account," he said. "It's just not a good idea to use that money for ongoing operations."