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HomeMy WebLinkAboutMinutes - 7/19/2004 - Finance and Personnel Committee FINANCE AND PERSONNEL COMMITTEE MEETING Monday, July 19, 2004 Aldermen's Conference Room, 6:30 p.m. �, In Attendance: Committee Members: Chairman Alderman Murgatroyd, Alderman Bolger and Alderman Peterson. Absent: None. Also in Attendance: City Administrator Maxeiner, Assistant City Administrator Lockerby, Director of Finance Kline, City Clerk Jones. Chairman Alderman Murgatroyd called the meeting to order at 6:30 p.m. Discussion Re�arding Sewer User Rates City Administrator M�einer informed the Committee that during the budget process Staff identified an operating shortfall of approximately $300,000 in the Water/Sewer Fund for fiscal year 2004/2005. At that time Staff proposed a rate increase to o�set half of the operating deficit, which would have resulted in a rate increase of $0.09 per 1,000 gallons of water consumed and $0.14 per 1,000 gallons for sewer. The Council endorsed the rate increase and Staff prepared the Ordinance increasing the rates, effective July 1, 2004. While reviewing the existing ordinance it was discovered that the way the ordinance is written and the way it has been implemented are not consistent. The discrepancy concerns the fixed and variable debt service charges for sewer. The fixed rate was set at $3.00 per account per month, which amounts to $6.00 per billing cycle. The fixed rate was implemented in 1990 and continues to generate approximately $300,000 annually to be applied toward debt service. The variable debt service rate was set at $0.35 per 1,000 gallons but was never included in the billing calculations for metered accounts. Consequently, metered accounts have been under billed for the past 14 years. � Staff recommends the cunent rate structure should be correctly implemented prior to consideration of any rate increase. Based upon the calculation of$0.35 per 1,000 gallons it is thought that implementation of the ordinance as written would generate revenue to be applied to debt service. City Administrator Maxeiner noted it is likely an additional increase would still be necessary in the future. City Administrator Maxeiner stated Staff is seeking direction from the Committee on how to move forward. Chairman Alderman Murgatroyd opined he supports implementation of the method currently on the books rather than establishing a new rate increase. Alderman Bolger suggested September 1, 2004 as the date for implementation of the variable debt service charges. Alderman Peterson opined the charges should be implemented as soon as possible. A brief discussion ensued. It was the consensus of the Committee to implement the variable debt service rate at $0.35 per 1,Oc)0 gallons as soon as administratively feasible. Discussion Regarding Non-Sufficient Funds (Returned Check)Fee And Ordinance Review � Director of Finance Kline informed the Committee that Staff has reviewed the fees and language in the Municipal Code and recommends the following changes: • Fee for Non-Sufficient Fund Charges o Recommendation to increase the fee from $15.00 per item to $25.00 per item Finance and Personnel Committee Meeting July 19, 2004 Page 2 � • Fee for Turn-On/Turn-Off o Recommendation to increase the fee from $20.00 to $70.00 during normal business hours and $50.00 to $100.00 during off hours. • Retained Personnel o Recommendation to increase the initial deposit from $250.00 to $500.00 • Update the language regarding utility billing to accurately reflect billing cycles. Direct�r Kline noted the volume for NSF checks has historically been low, approximately 85 to 90 per year, encompassing all departments. She stated the proposed adjustment reflects an increase in the overall cost charged to the City by the bank. Director Kline stated that in accordance with the ordinance the water supply might be shut off for n�n-payment after 30-days notice. Staff is requesting an increase in the turn-on/turn- off fee to recoup some of the expenses attributable to the process for labor and materials. Director Kline informed the Committee that Retained Personnel Deposits covers the need for professional services relative to zoning requests. While the cost of services has increased the amount of deposit required has not increased in many years. Director Kline stated the language within the utility billing ordinance assumes that the City is still billing only certain months of the year. In order to correctly reflect the City's \.• scheduled two-cycle billing the language is being updated. Previously the City billed every account on the same bi-monthly billing cycle. The process was modified in 2002 and the City now bills approximately half of the accounts each month. In order to properly reflect the billing cycle Staff recommends the language be revised to remove reference to the billing months. Motion by Bolger, seconded by Peterson, to recommend the following changes to the Municipal Code to Council: • Fee for Non-Sufficient Fund Charges o Increase the fee from $15.00 per item to $25.00 per item • Fee for Turn-On/Turn-Off o Increase the fee from $20.00 to $70.00 during normal business hours and $50.00 to $100.00 during off hours. • Retained Personnel o Increase the initial deposit from $250.00 to $500.00 • Update the language regarding utility billing to accurately reflect billing cycles. Aye: Murgatroyd, Bolger, Peterson. Nay: None. Absent: None. Motion carried. BankinQ Services Agreement `,., Director Kline informed the Committee that the last banking services selection process was brought before Council in 2001. It has been the policy of the City to regularly review banking services, historically every three to five years. The current banking service agreement Finance and Personnel Committee Meeting July 19, 2004 Page 3 L expired May 31, 2004. Pursuant to the City's policy regarding regular review City Treasurer Welter and Sts�ff are preparing to conduct a competitive review process for the selection of the institution whi;,h would handle the City's banking services. Director Kline noted that in order to best service the needs of the community three items have been added to this review process: • ATM services; • Credit card services; and • Procurement card for the City's purchasing process. Director Kline stated information had been obtained previously by Director of Public Works Marcinko regarding possible placement of an Automated Teller Machine in the lobby of the Police Department. Director Kline noted the lowest fee quoted was in excess of $600 resulting in the postponement of installation pending further research. Director Kline added with the increased interdependence with the Internet, expansion of the permitted use of credit card services is deemed beneficial. Also, in order to streamline the purchasing process, a review of opportunities available for a procurement card program would be included in the request for information. Director Kline stated that following receipt of the completed requests for information from the banking institutions an interview schedule would be developed to meet with the � representatives interested in providing services to the City. The institutions will be evaluated based upon the following criteria: • Strength of financial assets; • Services offered; • Experience of the service team; • Long-term stability of the institution in the area; and • Cost of service to the City. Director Kline informed the Committee that the interview board would likely consist of Treasurer Welter, Assistant City Administrator Lockerby and herself. Staff is requesting the Committee's recommendation to Council authorizing issuance of the request for information to banking institutions and to conduct interviews with the interested institutions. Director Kline stated a recommendation for award would be brought before Council for consideration. Motion by Bolger, seconded by Peterson, to recommend Council authorize the issuance by Staff of a Request for Information to financial institutions interested in providing banking services to the City of McHenry and authorizing Staff to conduct interviews with representatives of the interested institutions. Aye: Murgatroyd, Bolger, Peterson. Nay: None. `., Absent: None. Motion carried. Finance and Personnel Committee Meeting July 19, 2004 Page 4 � Trev and Tom Corporation Lease Review City Administrator Maxeiner informed the Committee that Trey Covalt, owner of Main Street Station, has a lease with the City of McHenry for the property located at 4005 West Main Street. Mr. Covalt has requested the Finance and Personnel Committee review the terms of the lease, as the monthly lease amount has recently been substantially increased. It was the consensus of the Committee to review and discuss the Trey and Tom Corporation Lease at the Finance and Personnel Committee meeting scheduled on August 16, 2004 at 6:30 p m. in the Aldermen's Conference Room. NISRA Taz Le� City Administrator Maxeiner briefly summarized and explained the 1�]ISRA Tax Levy to the committee. It was the consensus of the Committee to discuss further the topic of the NISRA Tax Levy at the Finance and Personnel Committee meeting scheduled on August 16, 2004 at 6:30 p.m. in the Aldermen's Conference Room. Adjournment Motion by Peterson, seconded by Bolger, to adjourn the meeting at 7:26 p.m. � Aye: Murgatroyd, Bolger, Peterson. Nay: None. Absent: None. Motion carried. Respectfully submitted, � . Steven C. Murgatroyd, Chair n �