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HomeMy WebLinkAboutBudget/Finance Committee Minutes 05.17.2004MEMBERS PRESENT: OTHERS PRESENT: MINUTES BUDGET/FINANCE COMMITTEE MAY 17, 2004 5:00 P.M. COUNCIL CHAMBERS Chairman Mark Mace Gay Easton Doug Poehls Kate Stevenson Mary Emb~ton The regular meeting of the Budget/Finance Committee was called to order by Chairman Mark Mace at 5:04 p.m. There was no public comment. The minutes of the May 3, 2004 Budget/Finance regular meeting were approved as presented, via motion by Doug, seconded by Gay, and passed unanimously. April Journal Vouchers #357-361 were in the mayor's possession, and will be approved later. Utility Billing adjustments for April 2004 were reviewed by the committee and approved. The April 2004 Financial Statements were reviewed by the committee. Mary showed where there was a discrepancy in the court surcharge mounts transferred to the county, and will review and correct in May. Otherwise, the funds are on track with the budget. The committee recommends approval by council. The following purchase requisitions were reviewed and approved: GENERAL FUND: Preliminary drawing for remodel for court - city hall building $ 652.50 COMPREHENSIVE INSURANCE FUND: Deductible for door damage - police $ 511.50 FEDERAL EQUITABLE SHARING FUND: 2 radios & helmets for motorcycles - police dept. $ 5,087.50 WATER FUND: Install security lights - plant Certification renewal - plant Certification renewal - system $ 4,220.00 $ 220.00 $ 150.00 SEWER FUND: Certification renewal - plant Rebuild chlorine monitors - plant Deductible for sewer backup - system New vacuum pump - system $ 250.00 $ 845.70 $ 1,500.00 $ 1,066.00 Budget/Finance Committee May 17, 2004 Page 2 The committee reviewed the Comp/OT reports for PPE 5/9/04. Discussion again was held regarding the HIDTA grant status. Mary repotted that the overtime worked under the HIDTA grant is reimbursed to the city by the City of Billings, and that the City of Laurel recently received a ebeck for the first quarter of 2004. By participating in this program, the city is then included to receive money from seized assets from drug busts, and this money is accounted for in the Federal Equitable Sharing fund #2952. The Payroll Register for PPE 5/9/04 totaling $120,583.56 was reviewed by the committee. Via motion by Kate, seconded by Doug, the committee recommends approval of the register by the council. Cost to benefit analysis of police department scheduling change - No additional work has been done on this issue, and will not be addressed until after the budget process. The Budget Timeline is on track - Nathan will present the preliminary budget to the council at a special meeting on May 19t~. Public notice will be published on June 2ua and 9~h, with the public hearing to commence June 15t~, and continue until final adoption of the budget, scheduled for July 20th. Mary stated that she received a format at Institute, to be used to develop the Accounting Policies and Procedures manual. This format can be used city-wide, and she will share it with the other departments. Mary then gave a report onthe classes she attended at the Clerk's Institute May 5-7. Subjects included: Developing Operating Policies; Developing an Investment Policy; Land Use Planning; Montana Election Procedures; Clerk/Treasurer to Clerk/Treasurer; Workplace Violence; League of Cities and Towns Update; Funding Capital Replacement; Team Building Strategies; Municipal Audit; Local Government Review in Montana; and Risk Reduction Strategies. She participated on the panels for the election procedures and the capital replacement classes. Mary thanked the committee and the city for allowing her to attend. Mark asked about the Workplace Violence class, and if there is any protocol included in our safety policies. Mary will check with AEM. Other issues - Mary reported that the Montana League of Cities and Towns will hold their district meetings next week. Our district, District #11, will meet in Billings on Tuesday, May 25t~ at 9:00 a.n~ at the Billings City Hall. Mary also reported that the MMIA has requested that the City of Laurel make adequate provisions to fund the liability program for 2004-05. The forms will be sent as soon as the budget process allows. There may be a district meeting for the clerk's association in early June to review and refresh those attending on the GASB 34 process that is to be applied this fiscal year. The next regular Budget/Finance meeting will be held on Tuesday, June 1~ at 5:00 p.m., since Monday, May 31st is a holiday. Budget/Finance Committee May 17, 2004 Page 3 For Next Agenda: Budget Timeline. (All other continuing subjects will be postponed until after the budget process.) The meeting adjourned at 5:40 p.m. Respectfully Submitted, Clerk/Treasurer