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HomeMy WebLinkAboutBudget/Finance Committee Minutes 12.11.1984M I N U T E S BUDGET/FINANCE COMMITTEE TIME 4:30 p.m. PLACE OF MEETING City Hall DATE Dec. 11, 1984 A. Members present: Chairman Bob Gauthier Albert Ehrlick . Don Hackmann B. Other's present' Mel Tiensvold , Sharon Herman, Ernie Davis, Dave Michael A quorum (3 or more) present the following action was taken by the committee: The committee met with Mel Tiensvold and reviewed the 1983-84 audit comments. The audit will be presented to the Council on January 2, 1985. The 1985-86 Budget Calendar was reviewed and approved. Bids were reviewed for roof repair on City Hall and the FAP Complex and for ceiling fans at the City Shop. The committee gave financial approval to all three projects. The City will be receiving a $1,200 grant to purchase a radar gun. This was not budgeted for, and the committee discussed and gave approval to transfer $1,285 from Capital Outlay for installation of the gas tanks at the City Shop to a line item for the radar gun'. The reason for this is that there is no provision in State law to spend unantici- pated revenue. City employees are now eligible to join the BN Credit Union. At the present time there is.no provision for-payroll deduct and it would cost $480 for a program change. A survey was taken and there are 14 employees interested in joining. At the present time there are 15 employees on payroll deduct for the Laurel Federal Credit Union. However, non-Cenex employees must qualify by purchasing $200 in coop merchandise before they can join the LFCU. Since there is considerable interest in the BN-•Credit Union, the committee gave approval to spend the $480 for a payroll program change. This amount would.come out of the City Clerk's Capital Outlay budget in Revenue Sharing. Meeting adjourned at 5:15 p.m. Re fully submitted, Don ld L. Hackmann City Clerk 0 r1 ?,/