HomeMy WebLinkAboutMinutes - 5/9/2011 - Finance and Personnel Committee FINANCE AND PERSONNEL COMMITTEE MEETING
`., Monday, May 9, 2011
Aldermen's Conference Room,4:00 p.m.
In Attendance: Committee Members: Chairman Alderman Schaefer, Alderman
Blake and Alderman Wimmer. Absent: None.
Also in Attendance: City Administrator Black, Deputy Clerk Kunzer.
Chairnlan Alderman Schaefer called the meeting to order at 4:10 p.m.
Continued Discussion: 2011/2012 Fiscal Year Budget
City Administrator Black provided the Committee with a summary of the proposed
revenues and expenditures currently being presented as a result of Committee input
during previous discussions. He noted the proposed spending plan totals $32,856,585 for
all funds and $17,389,064 for the General Fund compared to $34,418,887 and
$15,852,896 for the prior year. As previously discussed, the increase in General Fund
revenues will be used to fully fund the City's required Police Pension contribution and to
establish a capital equipment fund.
City Administrator Black noted General Fund revenues are anticipated to be $17,392,214
which amounts to an increase of $1.536 million (9.7%) over the prior year. Sales tax
receipts are budgeted at 1.75% below the 2010/2011 budget largely due to WalMart
� leaving the community. The revenue from the local sales tax implemented on January 1 S`
will be used to fund a state-mandated increase in Police Pension contributions ($615,000)
and to establish a capital equipment fund($785,000).
City Administrator Black stated the General Fund expenditures include an increase of
$1.53 million, a 9.7% increase over the prior year. The proposed budget includes the
elimination of 2.9 fulltime equivalent positions. Fringe benefits increase by $767,000
which include the $615,000 attributed to the City's additional contribution to the Police
Pension funding. City Administrator Black noted there have some increases in
contractual services such as PACE Dial-A-Ride and NISRA Dues.
City Administrator Black concluded his presentation, noting there are still some variables
which have to be finalized, namely the discussions with collective bargaining units and
the unresolved issue of compensation adjustment for non-represented management staff.
Chairman Schaefer inquired if the entire $750,000 would be transferred from the General
Fund to the Capital Equipment Fund at this time. City Administrator Black responded the
$750,000 would be transferred upon budget approval by Council. It is anticipated the
City would expend $550,000 this fiscal year on capital equipment such as five patrol cars
and one SUV for the Police Department, one dump truck for Streets, and a ball field
mower and perhaps a 10' mower for the Parks Maintenance division. The remaining
$200,000 would be reserved in the Capital Equipment Fund, to which an additional sum
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FinancE and Personnel Committee Meeting
� May 9, 2011
Page 2
could re added each year going forward in order to provide for updating of capital
equipment on a regular basis.
Executive Session: Personnel and Collective Bargainin�
Motion by Blake, seconded by Wimmer, to go into Executive Session to discuss
Personnel and Collective Bargaining at 4:20 p.m.
Voting Aye: Schaefer, Blake, Wimmer.
Voting Nay: None.
Absent: None.
Motion carried.
The Finance and Personnel Committee went into Executive Session at 4:20 p.m.
Motion by Blake, seconded by Wimmer, to go back into Open Session at 4:42 p.m.
Voting Aye: Schaefer, Blake, Wimmer.
Voting Nay: None.
Absent: None.
Motion carried.
� The Committee went back into Open Session at 4:43 p.m.
Open Session
Motion by Wimmer, seconded by Blake, to recommend to City Council for consideration
the proposed 2011-2012 Fiscal Year Budget as presented
Voting Aye: Schaefer, Blake, Wimmer.
Voting Nay: None.
Absent: None.
Motion carried.
Adiournment
Motion by Blake, seconded by Wimmer, to adjourn the meeting at 4:44
Aye: Blake, Schaefer, Wimmer.
Nay: None.
Absent: None.
Motion carried.
Respectfully submitted,
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/� . haefer, Chai an
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