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HomeMy WebLinkAboutBudget/Finance Committee Minutes 09.18.2000MEMBERS PRE SENT: MINUTES BUDGET/FINANCE COMMITTEE SEPTEMBER 18, 2000 7:00 P.M. DPW OFFICE Chairman Bud Johnson Gay Easton Mark Mace Ken Olson OTHERS PRESENT: Larry McCann Mary Embleton The committee reviewed the Financial Reports for August 2000 and recommend to council that they be approved. August Journal Vouchers #81-85 were reviewed and approved. The following purchase requisitions were approved: GENERAL FUND: Install outside security lights - west side of FAP $1,850.00 Repair clutch and transmission on Tender #2 - Fire Dept. 2,644.02 First year lease on new pickup - Building Dept. 5,121.31 First year lease on new engineering equipment - Building Dept. 807.91 Storage cabinet for flammable liquids - Shop 677.00 STREET MAINTENANCE FUND: 20 ton asphalt (cold mix) $1,800.00 GAS TAX FUND: 600 ton cold mix asphalt $19,000.00 CAPITAL PROJECTS FUND: Install curb and gutter- Cemetery $ 9,000.00 WATER FUND: Liquid alum for water plant $ 2,900.00 Divers to clean intake alley 600.00 5 temporary services on Hazel - water line replacement 1,100.00 Water line for replacement on Hazel 6,000.00 SEWER FUND: Repair lift station pump Sample analysis - sewer plant Rebuild air compressors at sewer plant $ 4,000.00 550.00 2,250.00 SOLID WASTE FUND: Cable links for packing cylinders - G9 8 tires for roll-offtruck - G2 Landfill fees for June, 2000 (late submission) Landfill fees for August, 2000 $ 981.92 2,500.00 7,159.80 7,131.40 The committee reviewed the comp/OT reports for PPE 9/3/2000. The payroll register for PPE 9/3/2000 totaling $95,563.79 was reviewed and approved. The revised minutes of August 18, 2000, were reviewed and approved via motion by Ken, seconded by Gay and passed unanimously. The committee also reviewed the minutes of September 5, 2000. Mary reported that she double checked the payroll figures and found them to be correct. She also reported that the mayor's signature has been added to the Yellowstone Bank accounts. Motion by Gay, seconded by Ken to approve the September 5, 2000, minutes. Motion passed unanimously. Larry explained the status of the 8t~ Avenue Project. The state will not include water and sewer line replacement in the project unless it is determined to be in conflict with the project. Therefore, Larry recommends contracting with Engineering, Inc., to engineer the water and sewer lines since they are already the state's engineers for the project. The estimated costs are $7,602 for water and $8,382 for sewer. It is practical and cost effective to use this firm, and since the total estimated costs are less than $20,000, the bidding procedures do not apply. Motion by Ken, seconded by Mark to have Mary draw up a budget amendment resolution, taking these costs out of water and sewer reserves and have it on the October 3~d council agenda. Motion passed unanimously. Larry presented his proposal for sewer rate increase. Bud commended Larry's efforts in putting this information together using PowerPoint software. His presentation is scheduled for pre- council on Tuesday, September 19th. Larry explained that the process he used to arrive at this rate increase came from both Montana Rural Water and Midwest Assistance Program. The proposal includes a 58% increase for this fiscal year and 5% per year for the next three years. Discussion followed and it was recommended by the committee that since expenditures increase approximately 7% per year, then a 10% rate increase per year for the next three years would be more realistic. Larry advocated annual increases in order to be able to fund the various future projects he outlined in his presentation. Alter the informational presentation tomorrow night, the public will be informed by means of the newsletter. Bud recommended that the projected revenue figures be prorated and revised to reflect when the rate increase will become effective and realized, say in January of 2001. Lengthy discussion followed, and Larry agreed to revise the figures for tomorrow night. Larry requested reimbursement for room charges that were charged against his personal credit card. He explained that Don Nelson and Brad Krause were sent to a school in Great Falls last month, and Larry had made reservations for them using his personal credit card. Due to a miscommunication, they stayed at a different motel. Larry asked to be reimbursed for $57.20. Motion by Ken, seconded by Mark to approve the request, which passed unanimously. Mary then reviewed the Cash Report for August, explaining the reasons for the different cash accounts for Water, Sewer, and Capital Projects. She will complete the required paperwork on several grant funds to get reimbursements. She also informed the committee that the city had to pay back $1,077.00 to the Montana Board of Crime Control because the city did not use all of the grant. Mary was instructed to follow up on the status of the CorpsL1NK contract for community service. The meeting adjourned at 9:00 p.m. The next Budget/Finance Committee meeting will be Monday, October 2ha, at 7:00 p.m. Respectfully submitted, Mary K. Embleton Clerk-Treasurer