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HomeMy WebLinkAboutMinutes - 6/6/1994 - Finance and Personnel Committee FINANCE CON�'IITTEE MEETING June 6, 1994 Members Present: Chairman Locke, Greg Bates, David Lawson Others Present: Mayor Cuda � �... Staff Present: City Administrator Peterson and City Clerk Althoff Chairman Locke called the meeting to order at 7:01 P.M. The meeting was called, as per council's direction, to discuss the committees original recommendation to increase water and sewer rates which were included as part of the approved budget for the fiscal year 1994-95. City Administrator Peterson gave a summary review of the sequence of events and actions leading up to this meeting. Several options were discussed addressing budget corrections. - Passing the ordinances raising the rates - 'Jsing capital outlay - Raising the rates slowly over a 3 year period - Using the $100 increase in water and sewer connection fees assigned to Building and Zoning - Cutting expenses Chairman Locke indicated he would not support a rate increase under any circumstance at this time and recommended the $100,000 needed for the dechlorination tank be funded through capital expenditures. �.- Further discussion followed. Chairman Locke asked City Administrator Peterson to redo the Budget without the rate increase included and to delineate any extraordinary expenses we might postpone and any pro3ects that might span a two year period. Chairman Locke called for a five minute recess at 8:30P.M. City Administrator Peterson and City Clerk Althoff were excused at this time. The meeting resumed at 8:37p.m. Further discussion followed as to balancing the budget without a water and sewer increase. Meeting ad3ourned at 9:OOpm Respectfully submitted, :� ,� / , �.. -� , '•'�'' �...z.�' . r� C y'-��: P ela Altho f � ! 1; 6 C ty Clerk i ��.���`_ `_��'�.'��----, � Terry Locke, Committee Chairman