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HomeMy WebLinkAbout2002 18-15 FCAFinancial Commission Meeting Minutes August 15, 2002 1. Call to Order The meeting was called to order by Chair Escher at 7:00 PM 2. Roll Call Members Present: Chair Escher, Commissioners Elftmann, Blarney, Nemec and Peterson. Members absent and excused: Commissioners Hruska and Wilkinson Others Present: Fiscal and Support Services Director Douglas Sell. 3. Meeting Minutes of June 17. 2002 Meeting Minutes of the June 17, 2002 were reviewed. Motion by Commissioner Peterson, Second by Commissioner Nemec to approve as amended. Motion carried. 4. Approve Agenda Motion by Commissioner Blarney, Second by Commissioner Elftmann to approve the agenda. Motion carried. 0 5. Citv Council Member Compensation Commissioner Elftmann and Commissioner Peterson reported on their assignment regarding City Council Member compensation. Commissioner Elftmann identified the various options considered by the sub-committee including a range of increases from 3.0% to 4.0%. Commissioner Elftmann calculated the increases on an annual basis for Mayor and Council Members and presented the sub-committees findings for consideration.. Commissioners discussed the impact on the salary structure and compared the City's current rates with surrounding communities. It was noted that the City of Brooklyn Center has traditionally been in the "middle of the pack" as it relates to compensation for Mayor and Council Members. The CPI increase for the twin cities metropolitan area for the past twenty-four months has averaged 3.96% based on the most current data from the Bureau of Labor Statistics. Motion by Commissioner Peterson and Second by Commissioner Blarney to recommend to the City Council adjustments for Mayor and Council Member annual salaries for the period 2003 and 2004 as follows: Calendar Year 2003 Mayor $10,166 Council Members $ 7,784 Calendar Year 2004 Mayor $10,522 Council Members $ 8,056 0 0 Motion carried. The Chair thanked the sub-committee for their work and report. 6. Next Meetine The next meeting has been scheduled for Monday, August 19, 2002 at 6:00 PM to discuss budget in a joint meeting with the City Council at City Hall, Council/Commission Conference Room. 7. Adiournment Motion by Commissioner Blarney, Second by Commissioner Elftmann to adjourn the meeting at 7:55 PM. Motion carried. • 0 AGENDA Brooklyn Center Financial Commission Thursday, August 15, 2002 7:00 PM Lower Level Conference Room, City Hall Agenda Item 1. Call to Order 2. Roll Call 3. Approval of Meeting Minutes a. Meeting Minutes from June 17, 2002 4. Approval of Agenda 5. Council Member Compensation 6. Miscellaneous 7. Next meeting • The next meeting is scheduled for Monday, August 19, 2002. This is a joint City Council/Financial Commission Meeting regarding budget discussion for 2003. Agenda materials will be provided on Friday, August 16, 2002. 8. Adjourn •