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HomeMy Public PortalAbout20020813minutesCITY OF JEFFERSON FINANCE COMMITTEE August 13, 2002 MINUTES OFFICIALS PRESENT:STAFF PRESENT: M ayor To m R ack ers R i ch M ays Councilman Ken Ferguson Steve Schlueter Councilman Richard Groner Gail Strope Councilman David Smith Charlie Lansford Councilman Edith Vogel Pat Sullivan Councilman Cliff Olsen J.J. Gates Councilman Roy Viessman Councilman Clyde Angle Councilman Bob Weber Councilman Larry Vincent Councilman Daniel Klindt Chairman Larry Vincent called the meeting to order at 5:35 P.M. and after making a few introductory remarks turned the meeting over to Rich Mays who began by presenting a brief overview of the budget process and the budget documents. The first financial information reviewed was the various funds starting with the General Fund. Rich addressed the main revenue and expense items impacting each fund and discussed some of the trends. Explaining the content of the budget Rich referenced the Police Departments budget and explained the various forms. Rich then turned the discussion over to Steve Schlueter who went into a little more depth about the fund structure and the condition of the various funds. Steve then reviewed the attachments which covered the Property Tax Rates and the Gross Receipts Utility Tax Rates and explained the history as well as the generation of revenue. Steve reminded the Council that this years Property Tax Rates must be certified to Cole & Callaway Counties by August 30 to meet the statutory mandate. Itth was agreed that the meeting on Thursday, August 29 will be used to approve the final rates.th Larry Vincent requested the attachment creating the budget sub-committee assignments be distributed and the chairs of each committee selected those evenings that their committee will meet. The meeting schedule was proposed as follows: General Administration - Wednesday, August 21 @ 5:30 P.M. - Wednesday, August 28 @ 5:30 P.M. Public Safety & Parks & Recreation - Tuesday, August 20 @ 11:00 A.M. - Tuesday, August 27 @ 11:00 A.M. Public Works & Planning - Thursday, August 22 @ 5:30 P.M. - Monday, August 26 @ 5:30 P.M. The meeting scheduled for Thursday, August 29 @ 5:30 P.M. will be used to approve the Property Tax Rate. Th e las t ord er o f b u sines s was t h e appro v al of the Ap ril 2 9 , 2 0 0 2 minutes which was ap p roved u n an i m o u sly. There being no further business, Councilman Vogel made the motion to adjourn and Councilman Dave Smith seconded the motion. The motion passed unanimously and the meeting was adjourned.