HomeMy WebLinkAboutBudget/Finance Committee Minutes 03.14.2023Minutes of City of Laurel
Budget/Finance Committee
Tuesday, March 14, 2023
Members Present: Richard Klose, Emelie Eaton, Heidi Sparks, Michelle Mize
Others Present: Kelly Strecker, Mayor Dave Waggoner, Chief I.,angve
The meeting was called to order by the Committee Chair at 5:30 pm.
Public Input: There was no public comment.
General Items —
1. Review and approved February 28, 2023, Budget and Finance Committee meeting minutes. Emelie Eaton
moved to approve the minutes of February 28. 2023. Heidi Sparks seconded the motion, all in favor,
motion passed 4-0.
2. Review and approve purchase requisitions. Chief Langve spoke about the two servers in the FAP. He
stated that they needed to be replaced. They want to replace the two old servers with one main server for
all FAP technology. The amount of the quote to replace the server is $10,476.00. Heidi Sparks moved to
approve the purchase requisition for one main server at FAP. Emelie Eaton seconded the motion, all in
favor, motion passed 4-0. Lyndy brought forward a purchase requisition for the opportunity to purchase a
new to us Ambulance. She stated the Beartooth Ambulance out of Bridger, was going out of business and
wanted to sell their 2004 Ford F450 Ambulance. Lyndy stated that if the ambulance checks outs and is in
good shape this would be a great opportunity for the city. The amount of the Ambulance is $55,000, but
Lyndy was going to try and talk them down a bit. Emelie Eaton moved to approve the purchase requisition
for the ambulance. Heidi Sparks seconded the motion, all in favor, motion passed 4-0.
3. Review and recommend approval to Council; claims entered through March 10, 2023. Heidi Sparks
moved to approve the claims and check register for claims entered through March 10, 2023. Emelie Eaton
seconded the motion, all in favor, motion passed 4-0.
4. Review and approve the February 2023 Utility Billing Adjustments, Michelle Mize moved to approve the
February 2023 Utility Billing Adjustments. Emelie Eaton seconded the motion, all in favor, motion passed
4-0.
5. Review and approve Payroll Register for the pay period ending March 5, 2023, totaling $226,402.30.
Heidi Sparks motioned to approve the payroll register for the pay period ending March 5, 2023, totaling
$226,402.30. Emelie Eaton seconded the motion, all in favor, motion passed 4-0.
New Business —
Old Business — Kelly stated that she and the mayor spent the last week looking for new CD rates. In conclusion
they cashed out the CD at SEG Federal Credit Union and moved it to Yellowstone Bank. The interest rate is 4%
and this is a 15 -month CD. After reviewing the interest rates at Altana, they decided to move the 15 -month
current CD to a 23 -month CD at 4.2%. The CD at Western Security Bank was also cashed in a moved to
Yellowstone Bank, with the interest rate being at 4% for a 15 -month CD.
Other Items —
1. Review Comp/OT reports for the pay period ending March 5, 2023.
2. Mayor Update — Mayor Waggoner stated that the new license plates we applied for, for parks and library
were returned. DMV said that we could only have one plate per tax identification number. We are looking
for an alternative route to go so that we could use them both. Mayor Waggoner was going to talk to the
library foundation to see if the city could use their identification number so that we could utilize both
artists. He will update at the next meeting.
Clerk/Treasurer Financial Update -Kelly stated that she had hired a new Accounts Payable clerk and she
would be starting on March 27, 2023. She is working on putting a mill levy together for EMS and starting
to prepare for the new budget.
Announcements —
4. The next Budget and Finance Committee meeting will be held on March 28, 2023, at 5:30 pm.
5. Richard Klose is scheduled to review claims for the next meeting.
Meeting 6:28 p.m.
Respectfully submitted,
if
y St e k&Clerk T surer
NOTE: This meeting is open to the public. This meeting is for information and discussion of the Council
for the listed workshop agenda items.