HomeMy Public PortalAbout20000810minutesFINANCE COMMITTEE
MINUTES
August 10, 2000
OFFICIALS PRESENT:
Councilman Larry Vincent
Councilman Len Stella
Councilman Edith Vogel
Councilman Cliff Olsen
Councilman Clyde Angle
Councilman Charles Jackson
Councilman John Landwehr
Councilman Bob Weber
OFFICIALS ABSENT:
Mayor Tom Rackers
Councilman Steve Nelson
Councilman Carol Blaney
STAFF PRESENT:
C i t y Ad m i n i strat o r Rich Mays
Finance Director Steve Schlueter
City Counselor Allen Garner
CALL TO ORDER
Finance Committee Chairman Larry Vincent called the meeting to order at 6:10 P.M. Chairman
Vincent informed the councilmen of their budget sub-committee assignments and the schedule of
each sub-committee. Chairman Vincent also announced the change of meeting time for
Councilman Jackson’s committee to Monday, August 21 at 9:00 A.M. Chairman Vincent
informed the committee members that any additions to the proposed balanced budget must be
accompanied by corresponding decreases in some other budget line item. Chairman Vincent
turned the meeting over to Rich Mays.
Mr. Mays started by reviewing the FY 2001 budget document and explained the color coded
pages and what they reflected. Mr. Mays explained that the pink sheets reflect the priority
request and that it included requests for new and replacement equipment. A question was raised
about t h e vehicle replacements and t h e condition o f t h o se v eh i cl es b ei n g replaced. Mr. Mays
stated that more information on the vehicles would be forthcoming and that the Department Head
would be in a position to explain the condition of each of their vehicles.
Mr. Mays then turned the meeting over to Steve Schlueter to review the highlights of the
proposed FY 2001 budget. Mr. Schlueter discussed some adjustments to the salary structure,
capital requests, subsidies to several operating divisions and then quickly reviewed some of the
revenue projections. After a quick review of the percentage increases and decreases based on
current an d pro p o sed e x penditur e s, M r. Schlueter turned h i s at t en t i o n to h i s m em o to Mr. Mays
regarding four revenue options that could have a major impact on this or future budgets. Some
brief discussion followed the review of these revenue options. Mr. Schlueter then turned the
meeting back to Mr. Mays.
Mr. Mays then discussed how difficult it was to balance the budget. Two major issues originally
included in the budget were the funding for the L-6 pension plan and the cost of the increased
health insurance premiums. In addition, the overlay program and proposed renovation to the city
offices was explained. Mr. Mays also discussed the ½ cent sales tax portion of the budget
request. At this point several of the councilman asked Mr. Mays to repeat some of those items
and Rich stated that he would provide a written document further explaining some of these major
items. The next item Mr. Mays discussed was the salary survey completed by the Director of
Human Resources. In addition, Mr. Mays reviewed a document from the Firefighters Local 671
and their position on the Fire Department’s manpower and staffing.
The next item reviewed was the proposed salary and benefits package portion of the budget and
how it was formulated. There were approximately 45 minutes of discussion of the makeup of
these two areas and Councilman Jackson asked for some information about how the state
subsidizes their health plan.
Chairman Vincent made a suggestion that a fourth sub-committee be formed to review and
analyze the combined salary/benefits portion of the budget. All agreed and Chairman Vincent
appointed the three sub-committee chairs to be on that committee along with himself. Those
three members are Councilmen Jackson, Landwehr and Stella respectively. It was agreed that
their first meeting would be held on Tuesday, August 22 at 4:00 P.M. in the conference room.
ADJOURNMENT
There being no further business, Chairman Vincent adjourned the meeting at approximately 8:15
P.M.