HomeMy WebLinkAboutBudget/Finance Committee Minutes 04.08.2004 MINUTES
BUDGET/FINANCE COMMITTEE
April 8, 2004 5:30 P.M.
COUNCIL CHAMBERS
MEIvIBERS PRESENT:
Chairman Mark Mace
Gay Easton
Kate Stevenson
OTHERS PRESENT:
Mary Embleton
Larry McCann
Nathan Tubergen
Doug PoeMs
The Budget/Finance Committee meeting was called to order by Chairman Mark Mace at
5:30 p.m., to discuss the following Preliminary budgets:
Sewer Plant
Sewer System
No public attended to offer comment.
Public Utilities Director Larry McCann presented the Sewer Fund budget. Larry made
the following changes to the budget: increase vehicle appropriation to $24,000; and
reduce $100,000 for machinery and equipment for the plant; and add $8,000 in
professional services for GIS.
He and Nathan had reviewed the fund prior to the meeting, and they determined that the
net revenues for $917,000 and the net operating expenses are $926,000, leaving a $9,000
deficit. Again, there is no money for capital.
This current year, there is $500,000 fi:om the CDBG grant, plus the city's match of
$268,000. The city has applied for two more grants - TSEP for $500,000 and DNRC for
$100,000 plus the city's match of $433,000. Those grant awards will be announced after
the legislature meets in January 2005. The system construction appropriation will be
changed to $1,033,000. A rote study needs to be based on the facility plan. Staff
recommends waiting on the proposed $2 rate increase until after the rate study.
City staff discussed the East First Street project with the Morrison-Maierle today.
Preliminary figures will be ready by the first of June.
The meeting adjourned at 6:00 p.m. The next budget work session will be on
Wednesday, April 14th at 5:30 p.m. in the Old Council Chambers.
Respectfully Submitted,
Clerk/Treasurer