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HomeMy WebLinkAboutBudget/Finance Committee Minutes 04.01.2003 MINUTES BUDGET/FINANCE COMMITTEE APRIL 1, 2003 5:00 P.M. COUNCIL CHAMBERS MEMBERS PRESENT: Chairman Ken Olson Mark Mace Gay Easton Bud Johnson OTHERS PRESENT: Mary Embleton The Budget/Finance Committee meeting was called to order by Chairman Olson at 5:00 p.m. The minutes of the March 18, 2003 regular meeting were approved as presented. March claims totaling $355,191.00 were reviewed and the committee unanimously recommends approval by the council. The following purchase requisitions were reviewed and approved: GENERAL FUND: Human resource and Safety services membership - mayor Professional arbitration services - mayor SCBA annual flow test - fire Remodel fire chief/marshall office - fire 1000' fire hose - fire Portable pump & hose - fire 2 radios - fire 2 pagers - fire Smoke machine - fire $ 750.00 $ 3,996.82 $ 1,250.00 $ 2,400.00 $ 2,O0O.00 $ 3,600.00 $ 2,000.00 $ 1,000.00 $ 1,350.00 WATER FUND: 8 drums floc for water treatment - plant $ 3,640.00 The Comp/OT reports were reviewed for pay period ending 3/16/03. Two non-union employees are approaching the 60-hour maximum of comp time accrual. The Payroll Register for PPE 3/16/03 totaling $113,134.46 was reviewed and the committee unanimously recommends approval by council. Mary explained the $228,000 difference of expenditures over revenues reported in the General Fund February statement was due to the following: the purchase of the state property in February, with the loan proceeds being received a month later, so there was no offset to that expenditure; the unanticipated expenses due to repairs caused by the fire in the shop, again with no insurance revenue to offset those expenses. Last year during Budget/Finance Committee April 1, 2003 Page 2. February, the expenses were $123,000 over revenues, which is typical for the General Fund. Mary requested an explanation for the withdrawal of the purchase requisition submitted last meeting for the data rack for the server and hub. Discussion followed. Other options will be researched, such as moving the equipmem to another location, and a report will be given at the May 6th committee meeting. Other issues discussed included the status of the purchase of additional land for the cemetery. A delay has apparently been caused by the legal description which has changed due to another land purchase in the area. Ken and Bud will begin meeting with department heads on Thursday to review their proposed budgets. The next meeting will be on Tuesday, April 15th at 5:00 p.m. The meeting adjourned at 5:45 p.m~ Respectfully Submitted, Clerk/Treasurer