HomeMy WebLinkAbout01/28/2003 VB minutes workshopMINUTES OF THE SPECIAL VILLAGE BOARD WORKSHOP OF
THE MAYOR AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT
JANUARY 28, 200:3
CALL
TO ORDER
ROLL CALL
FUTURE
BUDGET
'DISCUSSION
CALL TO ORDER
Mayor Gerald Farley called the meeting to order at 6:49 p.m.
ROLL CALL
Present upon roll call:
Trustee Timothy Corcoren
Trustee Paul Hoefert
Trustee Richard Lohrstorfer
Trustee Michaele Skowron
Trustee Irvana Wilks
Trustee Michael Zadel
Also present:
Village Manager Michael Janonis
Assistant Vi!.lage Manager David Strahl
Finance Director Doug EIIsworth
Deputy Finance Director Carol Widmer
Village Manager Janonis provided an introduction to the discussion
and highlighted the fact that the Board and staff needed to get to
the bottom line in terms of revenues for future budget years. The
current estimated 2004 deficit is $1.4 million with no new initiatives.
He also highlighted the revenue mix that the Village currently has.
He also stated that a five-year projection may be too far out for
appropriate revenue discussions and suggested a two to three year
period instead. He also provided a review of the malarial provided
to the Village Board in the informational packet. He led the
discussion regarding the establishment of the methodology for
discussion.
Methodolo,qy
1. Review potential external impacts and acknowledge those
impacts upon future projection of revenue and expenditures.
2. Assume Costco not be considered in the revenue mix at this
time due to the unknown date when the revenue would become
available to the Village.
3. Determine the scope of government services and the functions
of government.
4. Equity of revenues linked to expenditures and services provided
by the Village.
Initiatives
· Village Manager Janonis provided a summary of the possible
initiatives to be considered in upcoming budget'years.
1. Service levels and needs.
2. CIP funding source - Approximately $550,000 needed annually.
3. Traffic Unit - $550,000 estimate.
4. Fire Department Five-Year Plan, Additional personnel -
$200,000; replacement of north side station - $1.5 million
5. Public Works expansion for vehicle maintenance - $800,000
(shift of Fire vehicle maintenance fa. cility to Public Works).
6. Retiree health insurance costs, potential impact and cost
estimates of benefits.
7. Levee 37 cost projected to be $300,000 to the local participants
but Village share less.
8. Randhurst Mall triangle study- approximately $75,000
9. Boxwood and south side resq~r,c.e c~pter discussipn.
10. Alter property redevelopment.
Possible Options for Consideration with the Finance Commission
Extension of computer replacement schedule.
Extension of vehicle replacement schedule and the utilization of
the funding gap between actual replacement compared to
funding.
Review of Revenue Options Pdor to Next Meetinq
The Village Board is to review the set core and non-core activities
and services provided by the Village as presented in the matedal
prior to the next discussion.
Department Heads are to provide cost and service
recommendations for possible initiatives or expenditure reductions,
There was discussion regarding several Village Hall topics
including landscaping, brick selection and some reductions in the
project cost.
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DJOURNMENT
Thera being no other business considered at the Special meeting,
Trustee Wilks made a Motion and Seqonded by Trustee Lohrstorfer
to adjourn the meeting,
Upon mil call:
Motion carried,
Ayes: Corcoran, Hoefert, Lohrstorfer,
Skowron, Wilks, Zadel
Nays: None
The meeting was adjourned at 10:15 p.m,
David Strahl
Assistant Village Manager
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