06/16/2014-CC-Minutes-Work SessionMINUTES:CITY COUNCIL WORKSESSION
June 16, 2014
PRESENT:Mayor Thomas Muir,Councilman Scott Stephens, Councilman Bilyeu and
Councilman Allen Chick
ABSENT:Councilman Billy Ezell and Councilman Russell Martin
OTHERS
PRESENT:Mike Brice City Manager,Tami Taber City Secretary and Cheryl Davenport
Finance Director
1.Call Meeting to Order.
Mayor Muir called the meeting to order at 6:08 p.m.
2.Budget Workshop.
City Manager gave a PowerPoint presentation.
-Moved departments that were previously split between the General Fund and
Enterprise Fund to an Internal Service Fund.
-Most revenues in the General Fund are flat, but are slightly up in the Enterprise
Fund.Property tax is up about 5%,while building permits and fees are down.
-Ongoing Capital Projects include the I-35 water and sewer lines, McReynolds
Road,wastewater treatment plant expansion and the Jones, Sims, Kirkland and
Smith street rehabilitation.
-It is projected that there will be one million dollars in reserves in both the General
and Enterprise Fund by the end of 2014.The current balance in storm recovery is
$242,000 and the current balance in sewer capital improvements is $279,000.
-City Manager suggested raising sewer rates by 15% to pay the interest payment on
bonds for the sewer plant rehabilitation, raise water rates 6% to cover a possible
3%increase in wholesale water costs and an increased cost of service,adding a fee
of $2.00 per meter,per month for a groundwater district fee and a $1.00 per
month to the electric base rate to cover increased transmission costs.
-Suggested personnel changes include a 2% merit raise, increasing the monthly
insurance stipend from $650 to $675 per employee, add a full-time employee in the
Street Department starting in March, add a part-time employee in the Water
Department and possibly adding a full-time Economic Development Director.
The next scheduled budget workshop will be July 7, 2014.
3.Adjourn.
Mayor Muir adjourned the meeting at 7:02 p.m.