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.