HomeMy WebLinkAboutBudget Minutes - April 24, 2002CITY OF CENTRAL POINT
2002/2003 BUDGET COMMITTEE MEETING MINUTES
April 24, 2002
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INTRODUCTION OF MEMBERS
Members present were:
Council members
Citizen Members
City Staff
Mayor Bill Walton
Donna Higginbotham
Dick Halley
Bill Stults
LeRoy Burkhart
Jim DeKorte
AI Myers
Mike Quilty
Rick Rapp
Opal Heierle
Hank Williams
Jim Bennett, City Administrator
Bill Brugger, Finance Director
Bob Pierce, Public Works Director
Mike Sweeny, Police Chief
Deanna Gregory, Deputy Recorder
Dave Gilmour, Kay Harrison, and Dennis Richardson were absent.
APPROVAL OF MINUTES
A. Approval of April 17, 2002 Budget Committee Minutes.
Mike Quilty made a motion to approve the Budget Committee Minutes for April 17, 2002, as
presented. Al Meyers Seconded. All said Aye. Motion approved.
PRESENTATION OF BUDGET
A. General Fund
1. Non-Operating_Department
Budget Officer Jim Bennett explained that this department is a catch all for things that don't
fit in other categories. He stated that this department transfers money from General Fund
to other funds. This department provides funds for the Sr. Center and the Food and
Friends program offered by RVCOG. He explained that $10,500 is budgeted for the Food
and Friends program, however the Sr. Center would like to request $1,000 to help start
programs to be located at the Sr. Center. Representatives from RVCOG were present to
answer questions regarding the Food and Friends Program.
Dick Halley made a motion to approve the Non-Operating Department Budget adding $1,000
to line item 69 in order to help the Sr. Center start new programs, and to be reevaluated in
one year. AI Meyer seconded. All said aye. Motion approved.
B. Utility Funds
1. Water Department
Public Works Director Bob Pierce presented the Utility Fund Water Department Budget
explaining capital outlay projects and significant changes.
City of Central Point
Budget Committee Minutes
April24, 2002
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Mike Quilty made a motion to approve the Utility Fund Water Department Budget as
presented with total requirements of $2,259,493. Donna Higginbotham seconded. All said aye.
Motion approved.
C. Street Funds
1. Motor Vehicle Tax Fund
Mr. Pierce presented the Motor Vehicle Tax Fund. He stated that the decrease in the
Capital Outlay projects is due to the fund being spent down last year. He explained the
projects for 2002-2003.
Donna Higginbotham made a motion to approve the Motor Vehicle Tax Fund Budget as
presented. Opa! Heierle seconded. All said aye. Motion approved.
2. Street Appurtenances Fund
Mr. Pierce explained the Street Appurtenances Fund Capital Outlay projects for 2002-2003.
He stated that the total requirements have decreased from 2001-2002 Budget.
Dick Halley made a motion to approve the Street Appurtenances Fund as presented. Mike
Quilty seconded. Alt said aye. Motion approved.
C. SDC Funds
1. Water Supply SDC Fund
Finance Director Bill Brugger explained the purpose of the Water Supply SDC Fund is to
provide funds to purchase water from Lost Creek Reservoir when the time is appropriate
. It is not necessary to purchase water at this time.
Rick Rapp made a motion to approve the Water Supply SDC Fund budget with a fund
balance of $797,257. Hank Williams seconded. All said aye. Motion approved.
2. Water Distribution SDC Fund
Mr. Pierce explained that this fund accounts for Water Capital Outlay projects which are
eligible for funding from the SDC's. He reviewed the Capital Outlay projects estimated at
$378,556, leaving a fund balance of $111,285.
Donna Higginbotham made a motion to approve the Water Distribution SDC Fund as
presented. Rick Rapp seconded. All said aye. Motion approved.
3. Park SDC Fund
Mr. Pierce presented the Park SDC Fund Budget and capital outlay projects including
money for the Skateboard park, Forest Glen Park foot bridge, Don Jones plan and misc.
other improvements.
City of Central Point
Budget Committee Minutes
April24, 2002
Page 3
Jim DeKorte made a motion to approve the Park SDC Fund budget for 2002-2003. Opal
Heierle seconded. All said aye. Motion approved.
4. Water Reservoir SDC Fund
Mr. Brugger explained that this fund was developed to reimburse the City for additional
capacity provided in the City's reservoir for future users of the water system. He stated that
the debt service on the Old Stage Road water reservoir was substantially reduced due to
the retirement of one of the loans for the reservoir in FY 2001-2002. The fund will continue
to be used as a sinking fund for future water reservoir construction and/or replacement.
Opal Heierle made a motion to approve the Water Reservoir SDC Fund Budget as presented.
AI Myers seconded. All said aye. Motion approved.
5. Street SDC Fund
Mr. Pierce explained the resources, basic purpose and capital outlay for the Street SDC
Fund Budget. Capital Outlay projects will include Highway99/Downtown Improvements and
Taylor Road improvements.
Dick Halley made a motion to approve the Street SDC Fund budget as presented. Mike Quilty
seconded. All said aye. Motion approved.
V. ADJOURNMENT
Mike Quilty made a motion to adjourn. Donna Higginbotham seconded. All said aye. The
meeting was adjourned at 9:30 p.m. to the Budget Committee Meeting.
Dated S- a -~ ~.
Deanna Gregory,