HomeMy WebLinkAboutMinutes - 1/20/1995 - Finance and Personnel Committee � FINANCE COMMITTEE MINUTES
Friday, January 20, 1995
Members F�resent : Chairman Locke, Alderman Bates
Others Present : Mayor Cuda, City Administrator Peterson, City
Clerk Althoff
Alderman Locke called the meeting to order at 7 : 06 P.M.
SUNa2ARY REVIEW OF REVENUES, EXPENDITURES, and PROJECTED YEAR-END
FUND BALANCES for 1994-95.
City Administrator Peterson reviewed the revenue and expenditure
fund balances . He noted, that fiscally, the City is in very good
shape with most revenues reflecting a slight increase while
expenditures have decreased. Peterson stated he is projecting a
modest 5o increase for the 1995-96 year.
Discussion followed regarding potential projects in which to
invest these dollars . Alderman Locke suggested economic
development assistance in established, existing business areas,
L, particularly where there are vacant store fronts available for
rent . Also discussed were :
-a Main Street parking lot
-Downtown Revitalization
-Stormwater sewer projects
-the Pacini project
City Administrator Peterson also noted that the monies in the
Water/Sewer Capital Development Fund would probably not be
sufficient to handle the expense of the North Maple Street
project and the federally mandated dechlorination project .
REVIEW PROS AND CONS OF REPLACING CITY PROPERTY TAX WITH A
UTILITY TAX
City Administrator Peterson noted that a future trend in
municipal government finance might be the implementation of a
utility tax as oppose to the curent property tax. The tax can be
placed on any utility (ie : electric, phone, long distance, gas)
and in any form up to a set percentage . The implementation is
done thraugh ordinance . Discussion followed on the positive and
negative aspects of the utility tax concept . It was noted that
much of t:he financial burden would be shifted to businesses and
might be viewed as an anti-business stance . Alderman Locke
suggested that this issue be considered further at a later date
� and as a Meeting of the Whole .
Finance Committee Minutes
� Page Two
January 20, 1995
CALENDAR FOR 1995-96 BUDGET REVIEWS
Some discussion occurred regarding the elimination of the
longevity provision. Alderman Locke asked that this discussion
be postpcned until the next council meeting' s executive session
so that the entire council might address this issue .
City Administrator Peterson noted that Alderman Locke and he
would be meeting with the employee group representatives on
January 30th at 4 : OOPM.
REVIEW ADOPTION OF BUDGET OFFICER SYSTEM
Alderman Locke expressed his approval of this change, however he
felt it might be better addressed in 1997 when a decision is made
regarding the status of the clerk/collector position. Discussion
followed regarding future administrative staff plans and
structure .
Alderman Bates requested that further consideration be given to
providing City Administrator Peterson with a vehicle as well as
to review the evaluation/salary determination for Department
Heads . Bates suggested a base percentage raise and then a
L.- performance based percentage . City Administrator Peterson
suggested council set specific goals and objectives so that the
Department Heads could be evaluated more effectively as
Department Heads are to be evaluated on performance .
Alderman Locke noted that as item number five MCHENRY SHORES
SPECIAL ASSESSMENT DELINQUENCIES AND SANITARY SEWER CONNECTIONS
had already been addressed and as there were no further items of
discussion the meeting should be concluded.
The meeting was adjourned at 8 : 30P.M.
Respectfully submitted,
Chairman Alderman T. Locke
,..�