HomeMy WebLinkAbout2007.07.18 CC Minutes - Budget WorkshopMINUTES FOR THE COUNCIL BUDGET WORKSHOP OF JULY 18.2007
Mayor Fran Miron called the meeting to order at 7:00 pm.
PRESENT: Granger, Haas, Petryk, Puleo, Miron
City Administrator Mike Ericson, CD Director Bryan Bear, Finance Director Ron Otkin, and PW
Director Chris Petree.
There was no one present in the audience.
PRESENTATION OF MID -YEAR BUDGET
City Administrator Mike Ericson explained that the Hugo City Council scheduled a mid -year
review of the City budget to provide a snapshot through the first six months of the year and to
have a general discussion on next year's budget. Finance Director Ron Otkin provided Council
with a PowerPoint presentation of expenditures and revenues to date in 2007. He discussed the
City's Capital Improvement Program (CIP) and suggestions for equipment purchases. He is
pleased with the building permits issued to date. He also shared with Council the official
management letter issued to the City of Hugo by City auditors Smith Schafer & Associates. The
letter was not included in the 2006 CAFR audit report presented to Council at its July 16, 2007
meeting. It will be distributed to the two residents who requested it.
COUNCIL DISCUSSION
Mayor and Council members asked several questions, which were answered by the finance
director and staff. Council was pleased with projected revenues and agreed to direct staff to
reduce the current City tax rate of 35.111 in preparation for the setting of the preliminary
certified tax levy at the September 3, 2007 City Council meeting. Council agreed to a priority
list of public safety, parks, and transportation in 2008.
ADJOURNMENT
Haas made motion, Granger seconded, to adjourn at 9:10 pm.
All aye. Motion Carried.
Respectfully submitted,
Michael A. Ericson
City Administrator