10-28-08 BWS Minutes BUDGET WORK SESSION
TUESDAY, OCTOBER 28, 2008, 5:00 PM
Mayor Harding called the meeting to order at 5:10 PM
Present: Don Miller, Joe Baker, Bob Isom, Mike McGowan, Pat Fetterly, John
Thompson, Russ Hendrickson. Staff: Shelly Badger, Tanya Robacker, Janine
Schnepf.
Mayor Harding opened the discussion on the 2009-2010 Budget, stating that staff
continues to analyze the revenue and expenditures within the general fund to
balance the limited available funds and continue to support services.
Shelly Badger and Tanya Robacker continued with a review of the beginning net
cash and the cuts that have been made and their effect on the future budget
years. They provided the most up to date figures for actual revenue as compared
to the projected figures.
A schedule of Long Term Debt was provided including: Killion Road BAN, LID #2,
GO Debt, and Revenue Debt for Water and Sewer Utility. Program and Projects
included in the draft budget where discussed: Capital projects, Sewer Plan
update, Water Comprehensive Plan, Conservation Program, Water Rights, sludge
truck assessment, 2009 vehicle replacement costs and water distribution line
replacement.
Mayor Harding added that this lean budget is viewed cautiously and will be
revisited for new items later in the year if the economy improves. The finance
committee will continue to meet for updates on the process.
Adjourn: 7:15 pm
~ ,o,
Ron Hardi ayor City elm
Attest; ~
Janine hnepf, Ci y Clerk
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