City of
City Council
Workshop Meeting
November 29,
2010
The
Mayor Mary
Jane Chesley called the Workshop Meeting to order saying that the purpose of
this meeting is for discussion of the Mid Year Budget Review.
Roll call
showed present: Council Member Mary Burgan, Council Member Dennis McEnaney,
Council Member Todd Piper, Council Member David Wood and Mayor Mary Jane Chesley.
Mayor
Chesley turned the meeting over to City Manager Ron Neibert.
Mr. Neibert spoke regarding the General Corporate and Public Utilities
Funds. He spoke regarding the General Corporate cash balance funds and working
fund balances in the General Corporate funds.
Ending with the Actual Budget Surplus for the six months in the amount of
$18,221.00 for the General Corp Fund.
Mr. Neibert
then spoke regarding the Public Utilities Fund with the Actual Budget Deficit of
($102,472.00).
Mr. Neibert
gave a run down of the Capital Purchases, Infrastructure Expenditures and Debt
Service Expenditures and methods of funding.
He then spoke regarding the Capital Purchases to be paid for with debt,
and the Capital Purchases to be paid for with grants and insurance proceeds.
With the Restricted Cash Balance , Revenue Received, Funded with Food and
Beverage Tax, Diesel Tax and 1% Telecommunication Tax Funds also 26% of first of
three Bond payments. The balance of
the Restricted Cash on 10/31/2010 is $ 414,606.13.
Mr. Neibert
stated that the self-insurance has helped save money. Several projects have come
in under budget and that has saved the City money. Several bids have come in
under budget. The insurance bid came in at 3% increase instead of 16% increase
as we had expected.
Mr. Neibert
spoke regarding the Capital Budget saying that there was a $125,000.00 Grant for
the Fire Department Pumper Truck and the Aerial truck should be here on December
14, 2010.
Discussion
was held regarding the
Council
Member Dennis McEnaney asked for a time line sheet on the projects.
City Manager Ron Neibert stated that he would get one to the Council.
Finance
Director Merle Hollman spoke regarding the Sales Tax Revenues. Mr. Hollmann
spoke regarding the Home Rule Tax.
Mr. Hollmann
stated that the State is five (5) months behind in sending us our 1
Mr. Hollmann
went over the 1% Home Rule Tax and it has been running a little over also.
The State
Income Tax is also running a little more, but we have not received a payment
since September for May/June taxes.
Mr. Hollmann
discussed the Food and Beverage Tax. He stated that it is running between 2.22%
and 5.21% increases also.
Mr. Hollmann
went over the 2 cent Diesel Tax. It
was down some the first 4 months, then it increased in September/October by
7.17%. Council Member David Wood stated that of all the taxes, this one is the
least local tax. Meaning it affects
more persons passing through than local people.
Council
Member Mary Burgan stated that this all sounds like good news.
Mayor Mary Jane Chesley stated that it didn’t come easy.
It took a lot of hard work to get to where we are.
Council Member David Wood stated that it does all look good, but the Fire
and Police Pensions are taking us down. City Manager Ron Neibert stated that
both of those pension amounts are down from last year. Mayor Mary Jane Chesley
stated that the IML is working on legislation from Mayor Cole in Carbondale
regarding the Fire and Police Pensions and unions. Council Member David Wood
stated that this is serious because the State decides how much we have to pay in
to these two unions. Council Member Todd Piper asked how these pensions are
funded. City Manager Ron Neibert
stated that they are by property tax only.
Council
Member Dennis McEnaney stated that he appreciates the financial updates. Mr.
Neibert stated that the financial statements will be ready by the next Council
meeting. Council Member Wood stated
that they really should have had them sooner.
Motion by
Council Member David Wood to go into an Executive Session to discuss land
acquisition. Second by Council Member Mary Burgan.
Yeas: Burgan, McEnaney, Piper, Wood and Chesley.
Council
returned to the Workshop Meeting at 5:00 p.m.
Motion by Council Member Todd Piper to adjourn this City Council Workshop
Meeting. Second by Council Member
Dennis McEnaney. Yeas: Burgan,
McEnaney, Piper, Wood and Chesley.