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HomeMy WebLinkAboutBudget/Finance Committee Minutes 04.11.2001 MINUTES BUDGET/FINANCE COMMITTEE APRIL 11, 2001 7:00 P.M. OLD COUNCIL CHAMBERS MEMBERS PRESENT: OTHERS PRESENT: Chairman Bud Johnson Chuck Rod#ers Ken Olson Gay Easton Mark Mace Gary Temple Mary Embleton Jim Stevens Larry McCann Steve Klotz Andy Loebe The Budget/Finance Committee meeting was called to order by Chairman. Bud Johnson, at 7:05 p.m., to discuss the following preliminary budgets: Building Dept./Code Enfomement Light District #2 (Residential) Gas Tax Sweeping Fire Inspections Light District #3 (Comm.) Street Maintenance Larry presented written comments, a copy of which is attached to these minutes. Some discussion was held regarding merit pay increases for non-union members. Steve presented the Building Dept./Code Enforcement budget. The overall increase over last year was 10%, but if personnel costs are not included, the overall operating expenditures decreased by 14%. Mary stated that she had budgeted a 20% increase in health insurance premiums as an estimate. Other employer costs for personnel increased: worker's comp mod factor went fi:om 1.22 to 1.34, and the liability rate increased from 3.73/100 to 3.86. Property insurance increases have not been determined yet. Jim presented the Fire Inspection budget, and explained that he cut some operating expenses, and included a 2.7% wage increase. Overall increase was 5% from last year's budget. Andy presented the Gas Tax budget, and explained his allocation of personnel, which is different from last year. He made cuts in consulting, culverts, machinery & equipment rental, and grant match transfers. There is $150,000 in construction, which will he for south side projects (S 1a Ave, Cedar, S 4t~, Forrest, etc.). Repairs to 5th Ave/Idaho will be done out of the current budget. Overall, this budget decreased by 5%. Budget/Finance Committee April 11, 2001 Page 2. Next, Andy went over the Street Maintenance budget. Again, the allocation of personnel is different than last year. The sidewalk expenditure of $10,000 was missed, so Mary was instructed to put that in this budget. This resulted in an overall decrease of 41% fi-om last year's budget. The Sweeping District budget was reviewed by Andy. He allocated 25% of the mechanic wages to this budget this year due to the fact that the sweepers are a high maintenance item. He cut $4,000 in parts. Overall, this budget was the same as last year. Larry then presented the budgets for Light Districts 2 & 3. He explained that at this time, these budgets are the same as last year, with the exception ora 10% increase in electrical costs. Since these districts are presently being reviewed for expansion, the budgets will have to be revised. According to Mary, there will probably be debt service for these funds, depending on how Montana Power's proposal ends up. It was explained that the process for the Lighting District changes will be similar to an SID, and that there may be the need for two resolutions for assessments: one for the construction costs, and one for the maintenance costs. Mary then reviewed the revenue budgets for Gas Tax, Street Maintenance, and Sweeping District. The state has not yet notified the city of its allocation of Gas Tax monies, so using last year's figure of $141,000, less preliminary expenditures of $342,000 leaves a shortfall of $201,000. The March cash balance for this fund is $162,000, so this fund will need more work. Based on last year's assessments, the Street Maintenance fund revenue should be close to $133,000. Subtracting the preliminary expenditures of $198,500 again leaves a shortfall of $65,500. The cash balance for March is $193,200 so this fund should be all right with no increase in the assessment needed this year. Revenue for the Sweeping District is estimated at $23,350. Preliminary expenditures are $44,575 leaving a shortfall of over $21,000. March's cash balance is $35,000, so depending on how the remaining three months end up will determine whether this fund needs to be revie~ved. Discussion followed regarding upcoming street projects, city crew experience, and the possibility of contracting out some of the street work. The committee thanked the public works employees for their presentations. Mary then addressed the committee to express concern over the uncertainty of General Fund revenue due to the "Big Bill", increased health insurance premiums, and increases in wages. She is concerned about the overall impact these issues will have on the General Fund. Budget/Finance Committee April 11, 2001 Page 3. The meeting adjourned at 8:40 p.m. The next regular Budget/Finance Committee meeting will be Monday, April 16, 2001 at 7:00 p.m., and the next Budget work session will be on Monday, April 23rd at 7:00 p.m. Respectfully Submitted, Clerk/Treasurer