HomeMy Public PortalAbout20010511minutesBUDGET MEETING
MINUTES
Friday, May 11, 2001
IN ATTENDANCE:
R i ch M ays
Marty Brose
Bill Yarnell
Charlie Lansford
Steve Schlueter
The following items were discussed and reviewed at the meeting:
1.October 31, 2000 FUND BALANCE $5,126,902
Less: Restricted Items
ALGOA Payment - 250,000
Cemetery Reappropriation - 52,909
City National Purchase - 976,688
Current Year Building Renovation - 261,400
Unencumbered Balance $3,585,905
Percent of Fund Balance to General Fund Budget 17.9%
2.It was determined that any unspent funds from the $261,400 appropriated in FY
2001 will be reappropriated in FY 2002 and used to partially offset the cost of
renovating City Hall.
3.Provide copies of the document used during the FY 2001 budget process reducing
the Fund Balance requirement from $407,900 to $261,400. (SEE ATTACHED
SCHEDULE.)
4.For FY 2002 budget purposes, the following allocation of salaries should be used:
A.Charlie Lansford will allocate his salary as follows: 20% to Animal
Rescue, 20% to Environmental Services, 30% to Administration and
Planning and 30% to Building Regulations.
B.Bill Yarnell will allocate 100% of his salary to the Engineering Division
budget.
C.Marty Brose will allocate 20% of his salary to the following divisions:
Airport, Parking, Transit, Central Maintenance and Streets.
cc:Phyllis Gilpin