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HomeMy WebLinkAboutMinutes - 04/06/2015 - Finance and Personnel CommitteeFINANCE AND PERSONNEL COMMITTEE MEETING Monday, April 6, 2015 Alderman Conference Room, 6:00 p.m. In Attendance: Committee Members: Chairman Alderman Wimmer, Alderman Condon and Alderman Schaefer. Absent: None. Also in Attendance: Mayor Low, City Administrator Morefield, Deputy City Administrator Hobson and Director of Finance Lynch. Chairman Alderman Wimmer called the meeting to order at 6:03 p.m. Public in Attendance: Mr. Scott Curry Mr. Greg Van Nostrand Chairman Alderman Wimmer called the meeting to order at 6:03 p.m. Mayor Low arrived at 6:06 pm Alderman Santi arrived at 6:20 p.m. Public Input Mr. Scott Curry, 5802 Amherst, McHenry, addressed the Committee regarding the proposed Fiscal Year 2015/2016 Budget. Mr. Curry stated that he has reviewed the entire budget and expressed concerns regarding portions of the budget. Discussion Regarding the City of McHenry Fiscal Year 2015/2016 Budget Final Draft and Motion to Present the Budget Document to the Full Cpuncil for Consideration Chairman Alderman Wimmer recognized City Administrator Morefield. City Administrator Morefield reiterated to the Committee that the first draft of the FY15/16 Proposed Budget was reviewed at the Finance and Personnel Committee meeting held on March 5, 2015. This second draft of the budget document has been modified as a result of the topics discussed by the Committee at the meeting on March 5, 2015. Specifically, the tiered implementation of Capital Improvement and Capital Equipment projects and the implementation of a merit-based compensation system fqr non-bargaining unit employees. As in previous years, the City Administration has taken a conservative approach in developing the proposed budget. Revenue projects continue to be based on historical trends and economic forecasts, while taking into account the current state of the economy and financial instability of the State of Illinois. Budget development guidelines provided to Department Directors continue to stress the need to keep proposed operating expenditures level where possible and to continue to identify opportunities to reduce expenditures and/or increase revqnues and the efficiency of providing services. Finance and Personnel Committee Meeting April 6, 2015 Page 2 In considering the proposed FY15/16 Budget, the City must be mindful of the recent announcement by Governor Rauner regarding the potential for reductions to the Local Government Distributive Fund (LGDF). While the LGIJ>FJ reduction to the FY14/15 State of Illinois Budget was recently withdrawn, the potential eki^ts for a reduction to the LGDF in the FY15/I6 Budget. City Administrator Morefield h(j>ted that as proposed, an LGDF reduction of 50% would result in an estimated $1.3 millibiji in reduced revenues for the City's General Fund. j City Administrator Morefield stated that the City ha$ [)een successful in rebuilding the General Fund Balance not only to a level that meets theiCJity's minimum General Fund Fund Balance Policy (20% of operating expenses), but also t(j» insure that funding is available for the implementation of significant capital improvement projects. Unfortunately, funds would quickly be depleted should it become the sole source of jfujnding for capital improvement and capital equipment projects, because of reductions to the lUfrDF. | ! City Administrator Morefield noted that while it is larjderstood that Governor Rauner's proposal is preliminary, and subject to extensive modification, the City of McHenry remains mindful of the impact that any reductions could have. City Administrator Morefield stated that the FY15/16 IjJijdget, as proposed is operationally balanced. The proposed spending plan totals $44,627,35^ |for All Funds and $19,978,962 for the General Fund. City Administrator Morefield provided a brief summar expenditures to the Committee. Additionally, he provided Funds: • Special Revenue Fund; • Capital Project Funds; • Debt Service Fund; • Proprietary Funds; • Internal Service Funds; and • Fiduciary Funds. Responding to an inquiry from the Committee, City Adm| Water Improvements and the Wastewater Improvements Sewer Fund. of the General Fund, revenue and brief summaries of the following nistrator Morefield stated that the are paid for through the Water Responding to an inquiry from the Committee, Director Bond Payment and Salt would eat up the Motor Fu 2015/2016. of Finance Lynch noted that the :1| Tax (MFT) Fund allotment for Finance and Personnel Committee Meeting April 6, 2015 Page 3 Alderman Schaefer suggested that, at some point, the Finance and Personnel Committee should address future commitments to the General Fund balance. Alderman Condon stated that she noticed an increase in the Alderman salary in the Budget. Director Lynch stated that it was an oversight and would be addressed prior to the final Budget. Alderman Schaefer inquired about whether outsourcing the Human Resources position, rather than filling the position following Director Zannini's departure had been explored. City Administrator Morefield stated that outsourcing the position had been researched by Director Zannini. There is no cost savings. Staff opined that outsourcing the position of Director of Human Resources for that reason and with a contractual employee because there is no day-to-day employee contact outsourcing is not a viable option. Responding to an inquiry from Alderman Schaefer regarding contractual accounts, City Administrator Morefield noted that legal costs were reduced this year, and the only other contractual employees are in the Parks and Recreation Department. City Administrator Morefield informed the Committee that the FY15/16 Budget document is organized as follows: • Budget Summary of Revenues and Expenditures; \ General Fund Operating Budgets; • Special Revenue Fund Budgets • Capital Projects; • Debt Service Funds; • Proprietary Funds; • Internal Service Funds; and \ Fiduciary Funds Motion by Condon, seconded by Schaefer, directing Staff to present the draft Fiscal Year 2015/2016 Budget document to full Council. Aye: Condon, Schaefer, Wimmer Nay: None. Absent: None. Motion carried. New Business No new business was discussed. Finance and Personnel Committee Meeting April 6, 2015 Page 4 Adjournment Motion by Condon, seconded by Schaefer, to adjourn the meeting at 6:25 p.m. Aye: Condon, Schaefer, Wimmer. Nay: None. Absent: None. Motion carried. Respectfully submitted, Richard W. Wimmec/Chairman