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HomeMy WebLinkAbout2008.08.05 CC Minutes - Mid-Year Budget WorkshopCITY OF HUGO MINUTES FOR CITY COUNCIL MID -YEAR BUDGET REVIEW WORKSHOP TUESDAY, AUGUST 5, 2008, 8:30 AM Mayor Fran Miron called the meeting to order at 8:40 a.m. PRESENT: Granger, Haas, Petryk, Puleo, Miron ALSO PRESENT: Administrator Mike Ericson, Community Development Director Bryan Bear, and Finance Director Ron Otkin Presentation of Mid -Year Budget Finance Director Ron Otkin presented the midyear review of the 2007 City budget to the Council. He highlighted a report on the general fund, reserves, tornado costs, Pay 2009 budget estimates, 2008 City focus goals, and the City's auditor's management letter. Revenues are on target with expenditures closely monitored. Ron stated that with the current amount of residential and business activity in the City, he is optimistic about 2009. Ron discussed with the Council the auditor's letter and need to segregate more of the financial department duties. Council asked a number of questions and they were answered by Ron. Granger made motion, Haas seconded, to direct staff to prepare a job description for an accounting technician position with Public Works clerical duties. All Aye. Motion carried. Respectfully submitted, Michael A. Ericson City Administrator