HomeMy WebLinkAbout11/10/1992 COW agenda
COMMITIEE OF THE WHOLE
AGENDA
Meeting Location: Meeting Date and Time:
Senior Citizens' Center Tuesday, November 10, 1992
50 South Emerson Street 7:30 P.M.
I. CALL TO ORDER - ROLL CALL
IL ACCEPTANCE OF MINUTES OF OCTOBER 13, 1992
III. CITIZENS TO BE HEARD
IV. FINANCIAL CONDITION
In August of this year, the Mayor and Board of Trustees reviewed the Village's
financial condition. That review showed the potential for serious deficit conditions
beginning this fiscal year and continuing in increasing amounts through fiscal year
1996/1997. While the Village's overall financial position remains strong, the
figures showed that decisive action was needed to preserve our financial standing.
Our goal was to eliminate the deficit successfully without decimating the quality
or level of services provided to Mount Prospect residents nor to render those
services at a prohibitive cost.
Staff was directed to further study the situation and return in November with
updated projections and a comprehensive plan that included specific
recommendations. Our pledge at that time was to dispense with a "business as
usual" approach. During the intervening time period, it became clear that our
near-term concerns provided the Village with a golden opportunity to chart a clear
path straight into the 21st century.
In order to facilitate this discussion, staff is pleased to present its recommendations
for addressing our near-term problems as part of a larger, more comprehensive
program. That program is entitled, "Mount Prospect 2000 - A Vision for the
Future." Within that larger context, our initial focus will necessarily be on the
current revenue/expenditure imbalance. The period beginning with this fiscal year
and extending through fiscal year 1996/1997 should be viewed as our opportunity
to begin "laying the groundwork." The problems that we will be discussing did
happen overnight. As such, there are few "quick-fix" solutions that will prove
acceptable when viewed in the context of their long-term impact. It is that long-
term impact which needs our collective attention if we are to be truly successful
in this endeavor.
The major elements of Mount Prospect 2000 include:
1. Commitment to long-range strategic planning.
2. Development of a multi-year spending/revenue plan.
3. Adoption of performance-based budgeting techniques.
4. An enhanced Village Board/staff partnership.
Each element has numerous sub-issues that will need to be discussed and
addressed. Existing policies will need to be re-examined. New policies will need
to be developed. An enhanced partnership between Board and staff will come
from the dialogue that will, of necessity, flow from the process. The process itself
will not be completed soon. It will be part of a long-term commitment by elected
officials and Village staff to excellence in government for residents of Mount
Prospect.
V. BUILDING CODE REVIEW - ARTICLE V - FEES. BQND$ AND DEPQ$1T,q
At this time, elected officials and staff have completed rev/ew of the technical
aspects of the proposed update of the Village's Building and Fire Prevention
Codes. The only outstanding issue to be addressed was adjustments to Article V-
Fees, Bonds and Deposits.
Staff's original proposal called for fee increases of 50% on average. Those
proposed increases were grounded in the fact that Building Fees had not been
raised in the previous six years while Department costs had gone up an average
of 6% per year.
Upon further review, it appears that the proposed fee increases would be a
hardship on prospective developers, and homeowners who are planning to
undertake home improvements. Therefore, staff recommends that no fee increases
be considered at this time. Instead, a six-month r6view of this issue will be
scheduled to provide opportunity for further discussion. (No back-up material.)
VI. MANAGER'S REPQRT
VII. ANY OTHER BUSINESS
VIII. ADJOURNMENT
DEFERRED ITEMS
Voting Requirements