10-11-08 BWS Minutes BUDGET WORK SESSION
SATURDAY, OCTOBER 11, 2008, 9:00 AM.
Mayor Harding called the meeting to order at 9:05 am.
Present: Don Miller, Bob Isom, Mike McGowan, Pat Fetterly, John Thompson,
Russ Hendrickson. Staff: Shelly Badger, Tanya Robacker, Janine Schnepf.
Mayor Harding started the meeting with an update on the JZ Knight Hearing
judgment. Water will be available at building permit stage and final plat.
Presentation; Tanya Robacker provided the General Fund Revenue and Expense
Overview for 2007 and 2008 and the Budget forecast for the remainder of 2008
and the 2009-2010 budget year. Three members of the Council: Councilmember
Isom, Councilmember Thompson and Councilmember Fetterly participated in the
Finance Committee Budget Work Sessions for presentation and review today.
Based on past year's history projections and the current economic downturn,
affecting tax revenue and new building starts, the 2008 revenue in the General
Fund is coming in under the projections. This will affect the 2008 year end
carryover cash and the future revenue in the 2009-2010 biennial budget.
Subsequently expenses must be cut including; any subjective expenses,
equipment purchases that can wait and no new capital requests. Departments
will be asked to cut expenses throughout the year and improve efficiency with no
increases to Operation and Maintenance. Other recommendations included a
reduction to the Lobbyist efforts in the Legislature for the Loop project and
revisiting the total expense to Thurston Regional Planning Council. Accumulated
Reserves will be depleted to meet current needs. Department Heads, City
Administrator, Finance Director and Council are asked to find other areas to cut
expenses as State, Counties and Cities nationwide are cutting back.
Councilmembers inquired about transfer loans from other Funds.
This 2009-2010 biennial budget will be revisited in September 2009 as City of
Yelm moves forward cautiously with a scaled back budget. Terms of the budget
hope to maintain current levels of service through 2010 with no cuts to staffing
while maintaining salary and community contracts.
The next Budget Work Session for Council will be Tuesday, October 28, 2008 at 5
pm prior to the Regular Council meeting. The Saturday, October 18, 2008 Budget
meeting was cancelled.
Adjourn: 12.30 pm ,---7
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~#on ar , M yor Cit of Yelm
Attest; G~~
Janine hnepf, City Clerk
j s/h/council/08-27-08.doc