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HomeMy WebLinkAboutBudget/Finance Committee Minutes 04.26.2000 MINUTES BUDGET/FINANCE COMMITTEE APRIL 26, 2000 7:00 P.M. PWD OFFICE MEMBERS PRESENT: Co-Chairman Gay Easton Chuck Rodgers Mark Mace (acting as alternate) OTHERS PRESENT: Mary Embleton John Smith (AA) Roy Zahn (AA) Peg Arnold Larry McCann Duke Nieskens The committee reviewed and discussed the following preliminary budgets: Airport Authority: John and Roy reported that work on the AIP-05 Project (runways and lights) will begin this summer. Grant money has been received for the land acquisition portion of the project. Bids for the excavation and construction work will be advertised within the next few weeks. Library: Peg presented budgets for the Library and Library Aid Grant. She also reported that the city received over $16,000 from the Gates Foundation for the purchase of a new server and four workstations. A special revenue fund will be set up for this grant. She also told the committee that work needed to be done on the building's doors. Mark will contact a contractor in Billings who specializes in doors. Water Plant: Mary presented Water Fund revenues totaling $2.3 million with no rate increase projected. Duke then reviewed his proposals with the committee including adding another relief operator and temporary maintenance worker, additional work on the intake issue as well as repairs to the sed basin, and a pilot plant study to help identify future needs and viable options for the water plant. Water System: Larry reviewed these figures with the committee with explanations for the requests for an automated meter reading system and a new backhoe to replace the old one. Mary has not put figures together yet for Customer Accounting and Collection instead of the Administrative Charges account. Mayor Rodgers pointed out that the proposed expenditures have already exceeded projected revenues by $1 million so cuts will have to be made. Sewer Plant: With no projected increase, sewer revenue is estimated at about $570,000. Larry informed the committee that Montana Rural Water was working on a rate increase to be presented to council in June. Duke reviewed the sewer plant figures and proposed a storage building (14' by 24'), work on lift station pumps and buildings, plant equipment, and maintenance work on major equipment such as clari~ers, screw pumps, and methane compressors. Sewer System: Larry's review indicated very few changes from last year with no capital outlay expenditures other than replacement of more sewer lines. Mary needs to prepare Customer Accounting and Collection figures. The mayor pointed out a $153,000 shortfall of revenues to expenditures. The meeting adjourned at 9:30 p.m. The next regular Budget/Finance meeting will be Monday, May 1~, at 5:30 p.m. with the next work session to be held on d Wednesday, May 3r , at 7:00 p.m. Respectfully submitted, Clerk-Treasurer