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HomeMy WebLinkAboutBudget/Finance Committee Minutes 08.16.2000 MINUTES BUDGET/FINANCE COMMITTEE AUGUST 16, 2000 7:00 P.M. DPW OFFICE MEMBERS PRESENT: Chairman Bud Johnson Ken Olson Chuck Rodgers Mark Mace Gay Easton OTHERS PRESENT: Mary Embleton The purpose of the meeting was to review the Final Budget, which was postponed for adoption on September 5th. Several areas were reviewed, and Mary was asked to double check on the building inspector wages. No errors or discrepancies were found. She was also asked to review the enterprise funds with Larry to ensure accuracy. Also discussed was the cash account for sewer bond sinking and interest. Mary recommended that the excess cash be transferred back into the sewer operating cash account as of June 30, 2000, and put the monthly transfer back to 1/12 of the annual debt payment, instead of her previous recommendation of simply reducing the monthly transfer for one year. The committee approved the new recommendation. Meeting adjourned at 8:25 p.m. The next Budget/Finance Committee meeting is Friday, August 18th, at 6:00 p.m. Respectfully submitted, Clerk-Treasurer