Laserfiche WebLink
COUNCIL FINANCE WORK SESSION MAY 10, 2000 <br />SPECIAL COUNCIL MEETING <br />MINUTES <br />DATE : May 10, 2000 <br />TIME STARTED : 5:30 p.m. <br />TIME ENDED : 7:40 p.m. <br />MEMBERS PRESENT : Council Members Carlson, Dahl, O'Donnell, <br />Reinert, and Mayor Bergeson <br />MEMBERS ABSENT : None <br />Staff Members Present: City Administrator, Linda Waite Smith; Administration Director, <br />Dan Tesch; Community Development Director, Brian Wessel; City Engineer, John <br />Powell (part); Public Services Director, Rick DeGardner; Finance D. ` ; Al Rolek; and <br />Chief of Police, Dave Pecchia <br />UPDATE ON CITY COUNCIL WORK SESSION <br />Mayor Bergeson advised he will not be present , 2 t 10, Council work <br />session. He suggested Council continue with tie B. ,,• in iews. He stated he will <br />review the audiotape of the meeting so ding appointments can be made by <br />May 22, 2000. <br />RECAP OF 1999 BUDGE <br />Preliminary Gene <br />handout relating t <br />preliminary. The i <br />more detailed analy <br />— Mr. Al Rolek, Finance Director, distributed a <br />eneral Fund Budget Recap. He noted the figures are <br />n provides an overview of the City's budget. He added a <br />is available. <br />Mr. Rolek reviewed the information in detail noting the excess revenues over <br />expenditures appear to be $4,688. Because the figures are preliminary, the final amount <br />may be different. <br />Factors Impacting on Results, Linda Waite Smith — Ms. Waite Smith, City <br />Administrator, advised Council that the City typically has a larger amount of excess <br />revenue. That amount is smaller this year due to extra expenses that were absorbed by <br />the operating budget. <br />STATUS OF GENERAL FUND BALANCEP'EXCESS REVENUES" <br />Possible Future Policy Changes — Resolution No. 91— 03 — Mr. Rolek distributed a <br />handout relating to the 1999 Excess Revenue Computation. He reviewed the information <br />1 <br />