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HomeMy WebLinkAboutBudget/Finance Committee Minutes 05.17.1999 MINUTES BUDGET/FINANCE COMMITTEE MAY 17, 1999 7:00 P.M. OLD COUNCIL CHAMBERS MEMBERS PRESENT: Chairman Bud Johnson Chuck Rodgers Gay Easton Gary Temple Ken Olson Mary Embleton OTHERS PRESENT: Cal Cumin Jay Martin Vince Ricci Jan Stanford Jim Stevens Dusty Ballantyne The committee reviewed and discussed the following preliminary budgets: City-County Planning Ambulance Fire Department Firemen' s Relief Association Cai will prepare a proposal of how to administer the city'S TCSP Grant. He will provide the city with a copy of the grant budget. The funds will be funneled through the Department of Transportation. The committee instructed Jan to explore financing options for a newer ambulance. The old ambulance is unreliable. Jim stated that the Fire Department has stayed within their capital outlay plan. He is working on achieving a lower ISO rating. The ISO conducts a review every fifteen years, with the next one scheduled for 2009. However, the mayor can request a review sooner if the department has obtained substantial new equipment, etc. The Firemen's Relief Association budget will be affected by the passage of Senate Bill 500, which increases the ceiling of 4% taxable value to 10%. The effective date needs to he clarified in order to budget for 2000 or 2001. Other issues discussed included financial statements, health insurance and the computer system. The meeting adjourned at 10:20 p.m. Respectfully submitted, Mary K. Embleton City Clerk-Treasurer