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HomeMy WebLinkAboutBudget/Finance Committee Minutes 01.04.2005 MINUTES BUDGET/FINANCE COMMITTEE January 4, 2005 5:00 P.M. COUNCIL CHAMBERS MEMBERS PRESENT: Chairman Gay Easton Kate Stevenson Doug Poe~s OTHERS PRESENT: Mary Embleton The Budget/Finance Committee meeting was called to order at 5:03 p.m., by Co- Chairman Gay Easton. Them was no public in attendance. The minutes of the December 21, 2004 regular meting were approved via motion by Kate, seconded by Doug, and passed unanimously. December claims totaling $458,706.33 were reviewed. Mary informed the committee that $284,900 of the total was for water bond paymems. Motion by Doug, seconded by Kate, to recommend approval by the council. Motion passed unanimously. The following purchase requisitions were reviewed and approved: SEWER FUND: Replace auto switch on emergency generator - plant $ 3,200.00 SOLID WASTE FUND: 30 300-gallon cans and 52 90-gallon cans for replacemem - collection $ 9,414.00 The Comp/OT reports were reviewed for pay period ending 12/19/04. Discussion was held regarding the 8½-hour shifts. Mary will have the 2-year comparison of the costs of the 8-hour shifts vs. the 8½-hour shifts for the next meeting. The Payroll Register for PPE 12/19/04 totaling $114,911.33 was reviewed. Motion by Kate, seconded by Doug, to recommend council approval. Motion passed unanimously. Accounting Policies and Procedures - No new progress has been made, and no comments were made by the auditors, except to keep working on them. GASB 34 update - The auditors were here the week of December 20th, and the audit went well. The drat~ audit has been received, and will he reviewed by the ~m,a~yor and distributed later. The mayor met with the auditors on Monday, December 27 . Upcoming Projects: Park Maintenance District - the Recreation Task Force presemed information at the December 28th workshop. The schedule will he reviewed and revised if necessary. SID #111 - On track, with the public hearing scheduled for Jan. 18t~. Solid Waste rate increase - Steve will be able to meet with the diems, now that the Maint. Budget/Finance Committee January 4, 2005 Page 2. Superintendent has been hired. Under other issues, Doug suggested that a 2-year budget be added to the "Future Meetings" list on the agendas. Hc also suggested that this may be a topic for the council retreat on Feb. 12~. Mary mentioned that thc CIP should also be added to the list. The next meeting will be on Tuesday, January 18th at 5:00 p.m. On the agenda will be: Comparative analysis of police shills, Accounting Policies and Procedures, and Upcoming Projects. The meeting adjourned at 5:25 p.m. Respectfully Submitted,