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HomeMy WebLinkAboutBudget/Finance Committee Minutes 02.17.2004 MINUTES BUDGET/FINANCE COMaMITTEE FEBRUARY 17, 2004 5:00 P.M. COUNCIL CHAMBERS MEMBERS PRESENT: Chairman Mark Mace Mayor Ken Olson Gay Easton Dan Mears Kate Stevenson Bud Johnson OTHERS PRESENT: Mary Embleton The regular meeting of the Budget/Finance Committee was called to order by Chairman Mark Mace at 5:07 p.n~ Public comment was given by Bud Johnson regarding his hopes that the community is able to address the underpass issue. The minutes of the February 2, 2004 Budget/Finance regular meeting were approved as presented. January Journal Vouchers #339-344 were reviewed by the mayor and approved. Utility Billing adjustments for January, 2004 were reviewed by the committee and approved. The January 2004 Financial Statements were reviewed by the committee. The committee recommends approval of the statements by the council. Mary reported that she will be preparing another draw from SRF for the water intake project totaling about $200,000. The city has drawn down nearly all the loan funding for the project. The following purchase requisitions were reviewed and approved: GENERAL FUND: Public defense for Carey - court $ 1,006.58 Public defense for Clincher - court $ 613.47 Public defense for Murray - court $ 616.55 Cloth'mg allowance for new officer - police $ 540.00 . Fire gear for new fire fighter - fire $ 1,257.80 FEDERAL EOUITABLE SHARING FUND: 5 new Dell computers - police $ 7,272.65 WATER FUND: 12 meters and repair supplies - system $ 1,257.34 SEWER FUND: Replace valves, f~ttings, and pipe - plant $ 8,890.00 TV and locate line on Railroad St., clean line Washington St. - system $ 1,042.00 Budget/Finance Committee February 17, 2004 Page 2 The committee reviewed the Comp/OT reports for PPE 2/1/04. Lengthy discussion followed regarding the overtime, and the change in the scheduling in the police department fi.om 8 hours/day to 8.5 hours/day. The committee suggests that a discussion with the police depurtmem needs to take place to review the new schedule and the dollars associated with it in order to evaluate whether the change benefits the city. It was also suggested that a comparison to last year be reviewed. Mayor Olson stated that he had been given a report by the police department on the 8.5-hour schedule vs. overtime, and he will bring the information b~ek to the next Budget/Finance meeting. This information will help evaluate the cost-to-benefit issue. The Payroll Register for PPE 2/1/04 totaling $122,821.71 was reviewed by the committee. The committee recommends approval of the register by the council. The Budget Timeline was reviewed, and Mary reported that the budget worksheets for operating and maintenance are to be returned to the clerk for data input by February 18th (tomorrow). The capital outlay request forms can be turned in later, once the CIP policy is adopted. The mayor stated that he will be presenting his list of recommendations to the council at the 2/24 workshop, so that the council may take formal action at the 3/2 council meeting for the current fiscal year. This action will then help determine budget requests for 2004-2005. Mary told the committee that she will put the timeline into an electronic format, rather than the manual version that is currently being used. No progress has been made on clarification of the Accounting Policies and Procedures manual format. Mary told the committee that steps are being taken to begin the Records Management disposal process, once the council adopts the retention schedule at the council meeting later tonight. The initial focus will be on the Old Council Chambers area. Mary presented a labor cost of $985 fi.om Kelly Services for two people for one week. Records storage cost is 23¢ per box per month, but at this point, it is not known how many boxes will need to be stored, More will be known, once work begins on the clean-up of the upstairs area. Mayor Olson told the committee of some of the options being discussed regarding moving the court to the upstairs area. The direction is not clear at this time, and other options are being discussed. The committee approved Mary's request to go ahead with the first phase of the project to begin reviewing the records and preparing them for disposal or storage. She was instructed to bring a storage estimate to the next meeting. There were no Other issues. The next regular Budget/Finance meeting will be held on Monday, March Ia at 5:00 p.m. Budget/Finance Committee February 17, 2004 Page 3 For Next Agenda: Budget Timeline; status of Accounting Policies and Procedures Manual; cost-to-benefit analysis of the police department scheduling change; records storage estimates. The meeting adjourned at 5:48 p.m. Respectfully Submitted, Clerk/Treasurer