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HomeMy WebLinkAbout02/25/1999 FC minutesI II FINANCE COMMSSION Minutes of the Meeting February 25, 1999 Call to Order The meeting was called to order at 7:00 p.m. Those present included Acting Chairman George Busse and Commissioners John. Engel, Newt Hallman, Jim Morrison, Tom Pekras, and Ann Smilanic and Deputy Finance Director Carol Widmer. Chairman John Korn, Commissioner Vince Grochocinski, and Finance Director Douglas Ellsworth were absent. Approval of Minutes The minutes of the January 28, 1999 meeting were approved as presented. III Discussion Regarding Department Meetings A discussion took place regarding a schedule for the Finance Commission's meetings for the balance of 1999. The commission members established a tentative schedule for 1999. The schedule is as follows: March, April and May Departmental Reviews June Preparation for the mid -year budget review and recommendations for the Year 2000 budget July Six-month budget review August, September Special Project October, November and December Year 2000 budget meetings The Finance Commission members agreed that the format of the departmental meetings should include information as to what the departments anticipate in the future. They felt the departments should present a broad-based overview of operations with a long-term vision. IV Discussion Regarding Vehicle Replacement Fund Previously, the members of the Finance Commission had been made aware that the Vehicle Replacement Fund was not fully funded. On February 17, Mr. Ellsworth sent a memo to the Finance Commission which presented a brief history of the Vehicle Replacement Fund and discussed the under -funding issue. Mr. Ellsworth indicated in that memo that updated information would be brought to the Commission at its March meeting. Further discussion was deferred pending receipt of Mr. Ellsworth's report. V Adjournment The meeting was adjourned at 8:15 p.m. The next meeting will be held on March 25, 1999 at 7:00 P. M. CLWsm Respectfully submitted Carol L. Widmer Deputy Finance Director 9