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03-30-87 Finance Comm Minutesr Finance & Administration March 30, 1987 • Chairman Palmer called the meeting to order at 4:10 pm. The meeting was attended by Councilmen Ruiz and Nystul, Clerk/Treasurer Halver, Roger Hopkins of the Daily Interlake, Fred Kluesner of Northwestern Telephone and Jim Atkinson and Al Reynolds of All-tel. 1. Telephone System Bids Councilman Nystul reported he had not finished his research and was not ready to make a recommendation. Councilman Ruiz asked if we were going to investigate renting instead of buying a system. Councilman Nystul asked the vendors if it would be advisable for the city to lease instead of buying. They felt it was in the city's best interest to buy. They both suggested we select the vendor first and then determine the best way to finance the system. The switch can be updated as changes in technology occur simply by adding the new parts to the cabinet. Renting would not provide any advantage in keeping up with changes. Chairman Palmer scheduled committee action for the Finance Committee Meeting of April 6, 1987. • 2. FRDO Budget Councilman Nystul moved the Clerk be authorized to make the necessary preparations for the line item budget transfer to occur on June 30, 1987. Councilman Ruiz seconded and the motion carried. • 3. Revenue Sharing Status Report Clerk/Treasurer Halver reported Revenue Sharing is short about $6,000 cash but Fire Chief Larson has reported he will not be buying the Firehall Catwalk budgeted at $7,500 and that money may be used to cover this shortfall. Halver also reported he hasn't seen any evidence that the Shop Building and Fuel System budgets will be spent any time soon and therefore we will continue to earn some interest monthly which will help with the revenue. The Finance Committee requested the Public Works Committee check on the status of the Shop Building project. 4. Budget Status Report Clerk/Treasurer Halver reviewed his report on the status of the budgets. 5. Capital Improvement Program Halver reported he is waiting for the list of needs from each department. He has received some. He also said we will be working on the Fixed Assets inventory during April. - 1 - Finance & Administration March 30, 1987 • 6. Business Licenses All committee members agreed we should have business licenses. Councilman Ruiz felt we should have them to have a handle on the businesses in the city. Councilman Nystul gave two reasons, minimal revenue generation and information and regulation of businesses. • is Halver wanted the licenses for revenue and for providing information for any city departments needing it. Chairman Palmer played the "Devil's Advocate" and led a discussion of pros and cons regarding a business license program. Councilman Nystul recommended a two step process. First eliminate all the underpriced licenses and the license bonds. Then define the businesses and procedures for the general business license and set the amounts. Chairman Palmer requested Clerk/Halver work with the City Attorney and Department Heads to develop recommendations. They should be kept as simple as possible. 7. Fire Department Retirement Councilman Ruiz asked how the retirement of the Assistant Fire Chief affected the budget. Halver said it appeared the budget only covered about one half. - 2 - CITY OF KALISPELL DON HALVER, CLERK/TREASURER TO: Mayor Kennedy, DATE: March 27, 1987 Finance Committee SUBJECT: Budget Status, February 28, 1987 The following departments or funds are ahead of where they should be so far this year on their budgets. The normal amount to be spent to date should be 67% of the budget. Account Budget ant 8 ant General Fund: Audit 8,500 16,275 191% Computer & Copier 18,000 13,825 77% Central Garage 103,963 77.367 74% Swimming Pool 42,404 40,919 968, Total General Fund • Comp Insurance Fund General Obligation Bond Storm Sewer Maint Garbage Garbage Salaries Health Insurance Other Supplies Lease Payments 65% 144,356 202,437 140% 68,243 92,364 135% 15,750 10,799 69% 212,091 173,487 82% 50,137 62,961 126% 3,354 3,695 110% 1,500 1,518 101% 79,133 59,350 75% • 19 CITY OF KALISPELL DON HALVER, CLERK/TREASURER TO: Mayor Kennedy, DATE: March 27, 1987 Finance Committee SUBJECT: Budget Status, February 28, 1987 The following departments or funds are ahead of where they should be so far this year on their budgets. The normal amount to be spent to date should be 67% of the budget. Account Budget Spent 8 Spent General Fund: Audit 8,500 16,275 191% Computer & Copier 18,000 13,825 77% Central Garage 103,963 77.367 74% t Swimming Pool 42,404 40,919 96% Total General Fund 65% Comp Insurance Fund 144,356 202,437 140% General Obligation Bond 68,243 92,364 135% Storm Sewer Maint 15,750 10,799 69% Garbage 212,091 173,487 82% Garbage Salaries 50,137 62,961 126% Health Insurance 3,354 3,695 110% Other Supplies 1,500 1,518 101% Lease Payments 79,133 59,350 75%