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HomeMy WebLinkAboutBudget/Finance Committee Minutes 06.19.1995 MINUTES BUDGET/FINANCE COMMITTEE JUNE 19, 1995 4:30 P.M. OLD COUNCIL CFLAMBERS MEMBERS PRESENT: OTHERS PRESENT: Chairman- Donna Gay Easton Chuck Rodgers Ron Marshall Mike Atkinson Connie Lind Kilpatrick Bob Graham Don Hackmann Jim Flisrand Dave Michael The committee reviewed the General Fund, Water Fund, and Sewer Fund preliminary budgets again. Budget cuts of $39,920 were made in the General Fund. Discussion regarding the 9th police officer. At the present time there are 8.5 F.T.E's. Motion by Ron Marshall, seconded by Bob Graham, to recommend increasing the police officer staffing to 9 officers. Motion carried. It was the consensus of the committee to leave the 9th man in the preliminary budget. This could change depending on how the labor negotiations and group health insurance situation comes out. There is still some uncertainty in the Water Fund until final construction figures are known, so that water rates can be determined. Debt service and revenue were estimated as close as possible at this time. The Sewer Fund preliminary budget still has a difference of $43,237. No more cuts can be made without jeopardizing the operation of the system. Discussion regarding a sewer rate increase. Motion by Bob Graham, seconded by Gay Easton, to recommend a 9% increase in sewer rates. Motion carried. The Capital Projects Fund was reviewed at this time. During the past several years money has been set aside to purchase capital equipment. Up to 5% of taxes collected can be transferred to the Capital Projects Fund, along with other money such as Fire Dept. Contract Revenue and Gas Tax Revenue. The 1995-96 Capital Projects preliminary budget is as follows: Computer equipment for Police Dept. Land acquisition for Fire Dept./FAP Complex Vehicle for Fire Dept. Vehicles for Street Dept. Road Grader (patrol) $ 31,000 10,000 15,000 50,000 10,000 $116,000 The meeting was adjourned at 7:10 p.m. Respectfully submitted, Don Hackmann City Clerk