HomeMy WebLinkAboutBudget/Finance Committee Minutes 07.08.1997}
MINUTES
BUDGET/FSNANCE COMMITTEE
JULY 8, 1997 4:30 P.M.
COUNCIL CHAMBERS
MEMBERS PRESENT: Chairman- Donna Kilpatrick
Gary Temple Chuck Rodgers
Gay Easton Don Hackmann
Bud Johnson
The Committee reviewed the June claims and recommended that they be
paid.
A copy of the overtime report for PPE 6-25-97 was distributed and
reviewed.
Don distributed a recap of the 1997-98 preliminary budget.
Don also distributed a copy of a letter to Kimberly Smith, CPA at
the Montana Department of Commerce, regarding an audit
recommendation.
Purchase requisitions were approve as follows:
General-Fund
17 cases of computer paper $ 942.50
1997 LMC Update 2,103.54
Review of plans and specs for WTP
and water main improvements by the
Montana Department of Environmental
Sciences 933.00
The meeting was adjourned at 4:53 p.m.
Respectfully submitted,
Don Hackmann
City Clerk
FIRFlAMB/POLICE
215 W. 1ST ST.
PHONE: 628-8737
FAX: 628.4641
CITY HALL
115 W. 1ST ST.
PHONE: 628-8791
FAX: 628-2241
City of Laurel
P.O. BOX 10
LAUREL, MONTANA 59044
July 7, 1997
Kimberly Kuhr Smith,.-CPA
Audit Quality Control Reviewer
Montana Department of .Commerce
CITY CLERK
DEPARTMENT'
P.O. Box 200501
Helena.,'Mt. 59620-050
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City of Laurel is an EEO Employer
1997-98 PRELIMINARY BUDGET.
7-8-97
General Fund
Expenses S 2,010,992
C]
Revenue $1,821,349
Less: Perpetual Care <3,200>
Cash on Hand:
Operating 168,196
Library donations 1,397
Park Dedication 15,000
C/C Land Planning 3,550
Library Aid Grant 4 700 $2,010,992
Police Training Fund
Expenses $ 13,618
Revenue 9,901
Cash on hand 3,717
13,618
Drug Forfeiture Fund
Education & training 2,075
Cash on hand 2,075
State Gas Tax Fund
Expenses 149,994
Revenue 148,402
Cash on hand 1,592
149,994
0
9-1-1 Emer enc Fund
Expenses S 23.336
10,100
Revenue
Cash on Hand __13,236
$ 23,336
C.D.B.G. Housing Rehab
Expenses $ 19,800
Revenue- Grant $ 191800
HOME GRANT
Expenses $ 432,000
Revenue- Grant 432_,000
CTEP Sidewalk Project
Expenses 36,869
Revenue - Grant 33,088
Cash on Hand 3,781
$ _36,869
Storm Sewer Bonds
96,170
Expenses
Revenue 82,200
Cash on Hand 13,970
96 170
Capital Projects Funds
FAP Cam lex
Air Conditioning $ 12,000
Cash on hand - land & buildings S? 12,-000
•
Fire Department
Holding/Water tank $ 15,000
Cash transfer from Contract Revenue $ 15,000
Cemetery
Land acquisition $ 11,000
Curb & gutter x__101_000
$ 21,000
Cash on Hand - Cemetery Improvements $ 21,000
•
Library
Computer Equipment
Cash on Hand Computer Equipment
Water Fund
Expenses:
Operating
Construction
Debt Service
Reserve for intake loan
Total
Revenue:
Operating
.Less: Intere.t -.system development fee.
system development fee
Revenue bonds/loan
$ 6,910
$ 6 , 910
$ 1,136,717
$ 3,879,273
$ 114,500
$ 158,000
$_ 5,288,490
$ 1,193,017
<1, 8.0 0 >
<3,000>
$ 4,037,273
Cash - Capital Projects 33,000
Cash -system development fee 30,000 $ 63„000
0 $ 5,288,490
• Sewer Fund
Expenses 775,860
Operating 586,700
Less: Interest- system development <2,000>
- Bond sinking ¢3,500
- Replacement & depreciation <10,000>
Cash - replaceme nt & depreciation 80,000
Cash - sewer imp rovement $ 61,500
Cash operating $ 63,160
Total Revenue & Cash $ 775,860
Solid Waste Fund
Expenses 477,961
Revenue 421,200
Cash on Hand $ 56,761
Total Revenue & cash 477,961
Firemen's Relief
Transfer to Association $ 42,451
Revenue (4 mills) S 42,451
Court User Surcharge Fund
To State Treasurer S 4,000
Revenue:
Court Fines
User surch3mge 3,500
Reinstatement fee S 500
$ 4,000
0
Street Maintenance District
Expenses 126,390
Revenue
21.00 per 4200 sq. ft. lot S 126,390
maximum 200.00
Sweepina District
Expenses $ 62,549
Revenue $ 27,624
Cash on Hand $ 34,925
Total Revenue and cash $ 62,549
Light-District 2
Expenses $ 22,680
Revenue $ 20,293
Cash on hand S 2,387
Total revenue and cash 22,680
Licht District #3
Expenses $ 14,160
Revenue $ 11,623
Cash on hand $ 2,537
__
Total Revenue and cash $ 14,160
SIDS
Principle and Interest 27,007
Revenue $ 21,717
Cash on hand $ 5,290
Total Revenue and cash $ 27,007
r
Proposed 1997-98 Mill Levy
GENERAL ALL PURPOSE 65.00
PERS 4.00
COMPREHENSIVE INSURANCE 7.00
POLICEMAN'S INSURANCE 2.00
EMPLOYEE HEALTH INSURANCE 6.00
AIRPORT AUTHORITY 2.00
FIREMEN'S RELIEF 4.00
TOTAL MILLS SUBJECT TO I-105 90.00
STORM SEWER BONDS & INTEREST 10.00
100.00
0