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HomeMy WebLinkAboutBudget/Finance Committee Minutes 06.14.1984 (2)M I N U T E S BUDGET FINANCE COMMITTEE DATE June 14, 1984 TIME PLACE OF MEETING City Hall A. Members present: B. Albert Ehrlick Chairman M& Gauthier er i, Don Hackmann , Fred EgueEbacher I Other's present: Steve Quail and Jim Kaercher from HK-M-,,.-Dave Michael, Sharon Herman, Cam Calbert, Ruth Baker, Peg Arnold, Eugenea Williams and A quorum (3 or more) present the following action was taken by Mrs. Notting- the committee: ham Steve Quail reported on the sewer rate analysis. The main reasons for decreased revenues is that there has'been a reduction in personnel by Burlington Northern and Boise Cascade closed their business. Also commercial and residential customers are less than what was originally estimated. Discussion regarding increasing the sewer rates by 12% in October of 1984 and another 12% in October of 1985. The committee recommended that the warrant being held from the claims on June 6th, could now be mailed to them. The committee reviewed the following 1984--85 preliminary budgets: Library DNRC Grant Sewer Fund SIDS Water Fund Revenue Sharing Solid Waste Long Term Debt (FAF & Storm Sewer) General.Fund Firemen's Relief State Gas Tax Mill Levies for 1984 The committee recommends that assets costing $400 or more be considered capital outlay. This is an increase from $250. A resolution will be - presented at the council meeting on June 19th. Next meeting is scheduled for June 27th at 4:30_to review the preliminary budget before it is presented to the council on July 3rd. The committee recommends to accept the bid from Cenex for asphalt, Conoco Bulk for gas, diesel & oil, and Krug Sand & Gravel for road materials. Meeting adjourned at 10:05 p.m. Respectfully submitted, Donald L. Hackmann City Clerk