HomeMy WebLinkAbout1995 05-04 FCMMINUTES OF THE PROCEEDINGS OF THE FINANCIAL COMMISSION
OF THE CITY OF BROOKLYN CENTER
MAY 4, 1995
CITY HALL, COUNCIL CHAMBERS
CALL TO ORDER
Chair Donn Escher called the meeting to'order at 7:00 P.M. in the City Hall Council Chambers.
ROLL CALL
Present at roll call were Chair Donn Escher, Commissioners: Lee Anderson, Ned Storla, Larry
Peterson, Jay Hruska, and Phillip Roche. Also present were Council Liaison Kathleen
Carmody, City Manager Gerald Splinter, and Finance Director Charlie Hansen. Also present
was Nancy Carlson. Commissioner Larry Peterson arrived at 7:35 P.M.
Approval of Minutes
A correction was noted that Jay Hruska and Phillip Roche abstained from voting on the minutes
of the March 2 1995 since they were attending their first meeting on April 12. A motion was
made by Commissioner Phillip Roche to approve the minutes of the April 12, 1995 meeting as
corrected. Commissioner Jay Hruska seconded" the motion and all members voted in its favor.
General Fund BudLyet Prioritization Process
A summary of the 1992 prioritization list was included in the agenda packets with check marks
by recommendations which have been implemented. Donn Escher asked what a street light
i utility is. Jerry Splinter explained that it would be an enterprise with a user fee on the utility
bill. Phillip Roche asked if all of the implemented recommendations continued in effect today.
Charlie Hansen answered that a few items had proved to be impractical or otherwise failed, but
the great majority are still in effect.
Deliverv of Adopted 1995 Budget
Jerry Splinter described the new budget format as having more narratives and less line item
detail than the old budget. It is designed to be oriented toward policy making decisions by the
City Council. Jay Hruska asked if the accounting system is up to speed so that actual
expenditures can be compared to budget. Charlie Hansen answered that the computer system
has the capability but that some employee training is needed to capture data on timesheets and
coding invoices to fit the new system.
Memo on Future ALyenda Items
Jerry Splinter distributed a memo which had been discussed at the May 2, 1995 City Council
Worksession and reviewed it with the Commission. The first section dealt with tax increment
financing projects. Depending upon their nature and location, various projects will be producers
of T.I.F., users of T.I.F., or both a user and producer of T.I.F. One of the challenges is to
time and balance these projects in such a way that demands for T.I.F. revenue don't exceed the
supply-
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Memo on Future Aizenda Items. continued
41 An early draft of questions for the community survey was distributed. It was put together by
Decision Resources and the staff has identified a number of modifications to be made before the
telephone survey is done, probably in June.
A list of six issues that are likely to have major impact on the 1996 budget was discussed.
Actions of the State Legislature on Budeet Issues
Jerry Splinter gave a summary of actions at the State Legislature. The Governor, Senate, and
House of Representatives each have their own agendas. There is little chance of predicting the
outcome before the Legislature adjourns.
Next Meeting
The City Council requested that the Financial Commission propose possible dates for a joint
meeting in June to discuss the 1996 budget. Monday June 19, Wednesday June 21, and
Thursday June 29 were chosen. The next meeting after that will be Thursday, July 13, 1995
at 7:00 P.M.
ADJOURNMENT
At 9:00 P.M. Commissioner Larry Peterson made a motion which was seconded by
Commissioner Jay Hruska to adjourn the meeting. The motion passed unanimously.
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