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HomeMy WebLinkAboutBudget/Finance Committee Minutes 03.07.1995 MINUTES BUDGET/FINANCE COMMITTEE MARCH 7, 1995 4:30 P.M. CITY HALL MEMBERS PRESENT: Chairman- absent Ron Marshall Don Hackmann Bob Graham Gay Easton OTHERS PRESENT: Jim Flisrand The Committee reviewed the February claims and recommended that they be paid. Two new vendors were approved. The Committee reviewed and discussed the two proposals received to serve as financial advisor for the water revenue bonds and construction project. Motion by Bob Graham, seconded by Ron Marshall, to recommend D.A. Davidson & Co. Motion carried. Discussion regarding the City's health insurance. There have been inquiries as to when the City was going to ask for bids again. Mutual of Omaha has been our carrier since August 1, 1985. It was suggested that the Insurance Committee take a look at this. Don reported on the mill levies allowed for the Airport Authority and for the Piremen's Relief Association. It appears that contract revenue from the fire districts could also be used for firemen's relief. Even though the amount in the fund exceeds 4% of the taxable valuation, the actuarial report of 1992 indicates that the firemen's relief association is underfunded. The Committee will consider this further during the 1995-96 budget preparation. Purchase requisitions were approved as follows: GENERAL FUND Stripping pads, floor finish, Books for the Library Books for the Library CPR baby mannequin and seal for FAP $ 356.32 301.86 265.00 500.00 POLICE TRAINING FUND Psychological screening for 2 police officers Testing for 2 police officers 200.00 200.00 WATER FUND Six curb boxes Three chlorine cylinders Liquid alum 160' PVC pipe (W. 4th St.) 203.00 211.00 2,667.00 912.00 SEW~,R FUND Repair kit for cylinder (SR-1) Float cover and coating for floors headworks pit in SOLID WASTE FUND Demolish Williams property buildings January dumping fees at Billings Landfill Repair arms on garbage trucks (G-6 & G-7) Opinion on landfill closure SWEEPING FUND Brooms and rubber deflectors for sweepers 346.00 504.00 413.00 2,894.00 499.00 455.00 992.00 The meeting was adjourned at 5:00 p.m. · Respectfully submitted, Don Hackmann City Clerk