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HomeMy WebLinkAbout02.26.2007COUNCIL WORK SESSION February 26, 2007 4:45 p.m. Council Chambers Members present: Mayor Hurley, Kincaid, Welper, Gunderson, Greenwood, Getty, Schmitt. Members absent: Cole. Moved by Schmitt, seconded by Kincaid that the Agenda, as proposed, be approved. Ayes: Six. Absent: Cole. Motion carried. The purpose of the work session was to discuss the FYE 2008 Budget. Mayor Hurley distributed copies of the FYE08 General Fund Budget Adjustments as of February 26, 2007 spreadsheet, FYE08 General Fund Adjustment Menu with the council's recommendations and the FYE08 General Fund Gap Closure Analysis. The original gap for the budget was $878,052.00, previously identified line item cuts were $687,614.00 leaving $190,438.00 in needed cuts to meet the 19.0035 legal levy rate. Mayor Hurley proposed that a contingency of $39,562.00 be added to the original gap bringing the total amount needed to $240,000.00 in order to meet the legal levy. Mayor Hurley reviewed the FYE08 General Fund Gap Closure Analysis. The proposed additional cuts on the menu total $265,400.00, which includes adopting the facilities maintenance plan and bonding for frozen sick leave. This additional $265,400.00 will meet the legal levy. Mayor Hurley noted that the additional cuts do not include any salary freeze for non - bargaining employees, bonding $400,000.00 for retirement payouts, Isle of Capri host fee or any further program cuts or revenue increases. Mayor Hurley reviewed the FYE08 General Fund Budget Adjustments as of February 26, 2007. With the proposed budget adjustments, the Fire Department may have to close a station at times because of reduced callback funds. The Police Department's overtime request has been reduced, but that line item is still higher than the FYE07 budget due to the likelihood of presidential candidates coming to the area for the November election. In addition, the retirement payment was reduced in the Police Department's budget. Mayor Hurley noted that the city may need to look at some increase in health insurance co -pays for retirees, but that would not affect the 8.10 levy. Council discussed reduction of the Fairview Cemetery request, unpaid meter parking fines, and the ambulance billing system. Council discussed bonding for the $400,000.00 for retirement payouts. It was the consensus of the council members present, except for Councilperson Welper, that $400,000.00 bonding for retirement payouts be included in the final budget. Councilperson Welper was not in favor of bonding for these payouts. Ned DeBerg, Fire Chief, commented on the proposal to eliminate the firefighters at the Waterloo Airport. Chief DeBerg feels it is important to have professional firefighters stationed at the airport. The Fire Department willstill send firefighters on emergency calls to the airport, but the response time will depend on what station responds to the call. With no further business before the committee, it was moved by Getty, seconded by Schmitt that the meeting be adjourned at 5:21 p.m. Ayes: Six. Absent: Cole. Motion carried. Nancy Eckert City Clerk