2009-10-19 City Council Study Session

Home Browse Search

FY 10 Expenditures Approved Pershing $14,400 Approved Website upgrade $ 5,800 Approved Legal advice $ 8,000 $28,200 EXPENDITURES $26,058,739 Beginning Expenditures <$ 112,000>Police vacancies <$ 90,000>Demolitions is not expenditures moved to General Fund <$ 46,800>Contingency reduced to Pershing, website & independent counsel $25,809,939 REVISED EXPENDITURES Other areas still under consideration by Council $100,000 Economic Development/PR – would be ongoing $ 80,000 PR to provide newsletters – would be ongoing $100,000 Youth Programming – would be ongoing $139,900 Performance Benchmarking – some reduction in ongoing $185,000 Green Practice Resolution – one-half cost for ongoing $604,900 2. April 2010 General Obligation Bond Issue paid back through Property Tax Levy Two Fire Pumpers $1,100,000 Fire Station Grant Match $ 200,000 Police Department Renovation $1,500,000 City Hall & Police Department Generator $ 115,000 $2,915,000 Bond amount plus cost 3. Revised Deficit Projection FY 10 presently with no other additions, now shows a positive $585,638 for end of year. This projection does not include the positive $1.1 million FY09 end of year, which brings the City’s reserves to $8.3 million or roughly 32 percent. 4. Council’s Strategy to balance FY 11 projected deficit $701,819 Listed below are possible means of reducing expenditure. There was no discussion on any of the items listed below. The list was taken from the City Manager’s suggestion list provided in her October 9, 2009, Weekly for the October 19 Study Session.  $366,000 Move to County doing building permits  $240,000 Contract-out trash/yard waste  $ 38,800 Single furlough day  $465,600 First Friday furlough days  $450,000 FY 11 no COLA  $ 3,700 Eliminate Schneider Food Pantry program  $ 9,400 Eliminate Fire Cade program  $ 3,600 Eliminate Holiday awards luncheon  $ 4,000 Eliminate residency reimbursement program