HomeMy WebLinkAboutBudget/Finance Committee Minutes 05.19.2003 MINUTES
BUDGET/FINANCE COMMITTEE
MAy 19, 2003 6:45 P.M.
COUNCIL CHAMBERS
MEMBERS PRESENT: Chairman Ken Olson
Mark Mace Bud Johnson
OTHERS PRESENT: Mary Embleton
The regular meeting of the Budget/Finance Committee was called to order by Chairman
Ken Olson at 6:45 p.m.
No public attended the meeting to offer publle comment.
The minutes for the May 5, 2003 Budget/Finance regular meeting were approved as
presented.
April JOnnlal Vonehers #279 - 284 will be reviewed and approved by the mayor.
Mary reviewed the April, 2003 Financial Statements with the committee. The loan
proceeds for the water intake project are shown on a separate line for informational purposes.
The sewer fund has adequate cash to meet the match requirement for the CDBG Grant
application. The committee recommends to council to approve the financial statements.
The following purchase requisitions were reviewed and approved:
LIGHTING DISTRICT #3 FUND:
Replace wiring & conduit at the underpass $ 1,150.00
SEWER FUND:
3 hp pump for chlorine injection-plant $ 1,150.00
The committee reviewed the Comp/OT reports for PPE 5/11/03.
Thc Payr~dl Register for PPE 5/11/03 totaling $113,154.63 was reviewed and the committee
recommends approval by the council.
Mary requested that the Banking Services comparison, which was scheduled for today, be
postponed. The committee agreed to reschedule it for the June 3~a meeting. Mary
reminded the committee of the Montana League of Cities & Towns District meeting at
Billings City Hall tomorrow at 10:00 a.m.
Budget/Finance Committee
May 19, 2003
Page 2
Under Other matters, discussion was held regarding the distribution ofinformation~ A
mailbox for the mayor will be in~talled in the hallway near the council's mailboxes for
better access and exchange of information between mayor and council.
The next Budget/Finance meeting will be held on Tuesday, June 3~a at 5:00 p.n~ The
meeting adjourned at 7:01 p.m.
Respectfully Submitted,
Clerk/Treasurer