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HomeMy WebLinkAboutBudget/Finance Committee Minutes 10.05.2004 MINUTES BUDGET/FINANCE COMMITTEE OCTOBER 5, 2004 5:00 P.M. COUNCIL CHAMBERS MEMBERS PRESENT: Chairman Mark Mace Ken Olson Kate Stevenson Doug Poehls (late) OTHERS PRESENT: Cathy Gabfian Chairmen Mark Mace called the regular meeting of the Budget/Finance Committee to order at 5:05 p.m. There was no public in attendance. The minutes from the September 21, 2004 meeting were approved as presemed, via motion by Kate, seconded by Ken, and passed unanimously. September claims totaling $418,318.47 were reviewed end the committee unanimously recommends approval by the council. The following purchase requisitions were reviewed and approved: GENERAL FUND Copier for upstairs offices (25%) $1,199.00 PLANNING FUND Copier for upstairs offices (25%) Buyout for GIS Ranger (25%) Plotter for printing maps (25%) $1,199.00 $ 810.00 $ 950.00 GAS TAX FUND Plotter for priming maps (12.5%) Buyout for GIS Ranger (25%) $ 475.00 $ 810.00 WATER FUND Copier for upstairs offices (25%) Buyout for GIS Ranger (25%) Plotter for printing maps (25%) Flow meter with sensor Engineering services to repair lightning damage Repair 1999 Dodge truck damaged in shop break-in $1,199.00 $ 810.00 $ 950.00 $1,930.00 $ 3,734.47 $ 7,207.20 SEWER FUND Copier for upstairs offices (25%) Buyout for GIS Ranger (25%) Plotter for printing maps (25%) $1,199.00 $ 810.00 $ 950.00 GARBAGE FUND Plotter for priming maps (12.5%) $ 475.00 Budget/Finance Committee October 5, 2004 Page 2 The committee reviewed the Comp/OT reports for PPE 9/26/04. It was stated that Steve has men working overtime on the street project on West 6th Street in preparation for concrete work. The Payroll Register for PPE 9/26/04 totaling $122,783.28 was reviewed by the committee. The committee recommends approval of the register by the council. Nathan Tubergen created a draft budget timeline for the 2005-2006 Budget Calendar. There was nothing to report on the progress of GASB 34 or the Accounting Policies and Procedures. The Mission Statement was presented as follows. The City of Laurel Budget/Finance Committee monitors and evaluates the condition of the City's Budget and Finances. This committee also provides Internal Control and Oversight, and assistance on Budgeting for the City Departments, and assists in the development of the Capital Improvement Plan. Motion by Kate, seconded by Ken to take the Budget/Finance Mission Statement to the City Council for consideration. Motion carried. It will be on the agenda for workshop on October 12, 2004. The Year-End Financial Report for 2003-2004 was distributed. Mary will review the report at the next council workshop on October 12th. Kate commented on the excessive amount of paper that is distributed to the council. She inquired whether all drafts could be e-mailed and only print out information that will be acted on by the Council. Discussion followed and this will be on the next workshop agenda. Cathy reported the new computer server arrived today and Technical Edge will install it on Monday, October 11th, which is a holiday for the office. Discussion followed regarding projects the council would like to implement and the best ways to get information out to the public and educate them on the issues. The next regular Budget/Finance meeting will be held on Tuesday, October 19th at 5:00 p.m. The meeting adjourned at 6:04 p.m. Respectfully Submitted, Cathy Gabrian Deputy Clerk