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HomeMy WebLinkAboutBudget/Finance Committee Minutes 07.01.1997 MINUTES BUDGET/FINANCE COMMITTEE JULY 1, 1997 4:30 P.M. OLD COUNCIL CHAMBERS MEMBERS PRESENT: OTHER'S PRESENT: Chairman- Donna Kilpatrick Gay Easton Dirk Kroll Don Hackmann Chuck Rodgers Gary Temple Bud Johnson Paul Strom, CPA Paul Strom explained why the Firemen's Relief Association is considered to be a component unit of the City. Even though it is not a primary government agency, it is a separate legal entity. It is financially dependent on the City for its revenue, because the City levies a tax to support the Firemen's Pension Fund. The volunteer firemen provide a service to the City. The Montana Department of Commerce has determined that the Firemen's Relief Association is a component unit of the City and should be included with the City's financial statement and to be reported in the annual audit report. Discussion regarding the annual report that is sent to the state insurance commissioners. A copy could be sent to the City Clerk to keep on file and make available to the auditor for his annual audit report. Motion by Gary Temple, seconded by Bud Johnson, to request that a copy of the annual Firemen's Relief Association report, which is sent to the state insurance commissioner, be forwarded to the City Clerk each year. Motion carried. Purchase requisitions were approved as follows: General Fund Pool chemicals Pool chemicals Pool patch material and coating Street marking paint & supplies Engine for Ford Ranger (Gen-3) Replace torque converter on Police car #5 24 NFPA shelby gloves & 12 Nomex hoods Two piston intake relief valves for new truck Air bottle fill station $ 786.00 2,225.00 1,125.00 691.00 1,945.00 682.33 888.00 2,227.15 2,600.00 Water Fund Cat Floc Polymer chlorine 4" pressure reducing valve Rental on backhoe to clean pond Water extension study of WTP, water intake system, modeling of water system SeQer Fund Jet rod scum pit lines 25 manhole sections Install drywell on lift station in village Subdivision Portable sewage pump Irrigation pump for Sewer Plant Fiberglass dry well Solid Waste Fund Dumping fees for May $ 910.00 773.00 923.00 1,430.00 11,640.00 1,249.00 2,972.00 19,012.00 4,461.00 525.00 5,860.00 7,084.00 The meeting was adjourned at 5:05 p.m. Respectfully submitted, Don Hackmann City Clerk