2013-06-24 Reg - Laserfiche WebLink

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Ms. Carr asked if the numbers presented were the actual and Ms. Charumilind said no, not until the end of the FY13. Ms. Carr stated the report showed revenues exceeding expenditures by $75,000 but the surplus included items authorized by Council but not yet spent in a total amount of $330,000: $80,000 for the Comprehensive Plan, $15,000 for the Civic Plaza Study, $160,000 for home rehabilitation grant, $50,000 for the pension and pay study; and $25,000 each for the Senior Youth Task Force and transportation study. Ms. Carr asked how that was handled since it was approved but not yet spent. Ms. Charumilind stated the items would not be spent in FY13. She said in late August, there would be a budget amendment submitted for the final number for FY13. Ms. Carr noted that the Council voted to approve the Comprehensive Plan and the Civic Plaza Study and are policy. Mr. Walker said with the end of Fiscal Year, June 30, 2013, the projects that would not be completed but the City still intended to proceed with them. Ms. Carr asked that by not spending that money, there was a surplus of $75,000 but if the projects were completed the City would not have that surplus. Mr. Walker said the City did not spend the money, so the City still has the money. Mr. Glickert said from the statement just made, the City has stronger sales revenue than anticipated and noted that revenues are projected to exceed the amended budget. He asked the Finance Director Ms. Charumilind if she had a way of knowing ahead of revenue to be received from the State of Missouri, knowing the City would be receiving additional revenue yet from the State. Ms. Charumilind said the City was not informed ahead of time; the one percent from the sales tax pool came from St. Louis County and the Capital Improvement from Parks and Fire sales tax came from the State. Mr. Glickert noted increased monies came from inspection fees and asked if there were any issues with the employment situation being strained. Mr. Walker said all of City staff is being very productive. He said if the question was can additional staff be used in some areas, he said the answer would be yes. Mr. Walker said the departments are doing what they can with what they have, within the budget constraint. Mr. Kraft noted the report goes from 2000 to early projection of 2013. He stated it was an encouraging report. Mr. Kraft said the budgets from 2000 to 2007, five of which had deficits. He said the change was seen in the 2011 budget, which was the first year he came on Council. Mr. Kraft stated before he came on Council the administration then had asked for two sales tax increases, which both had failed. He said the amended budget in 2011 had a 2.4 million dollar deficit. Mr. Kraft noted he had asked the City Manager to cut $300,000 out of the budget so as not to use so 7