HomeMy WebLinkAbout1995 04-12 FCM• MINUTES OF THE PROCEEDINGS OF THE FINANCIAL COMMISSION
OF THE CITY OF BROOKLYN CENTER
APRIL 12, 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: Ron Christensen, 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.
Anwroval of Minutes
A motion was made by Commissioner Larry Peterson to approve the minutes of the March 2,
1995 meeting. Commissioner Ron Christensen seconded the motion and all members voted in
its favor. J . fl d- P K1 `
New Members
Donn Escher introduced Jay Hruska and Phillip Roche who are newly appointed members of the
Financial Commission.
• Adeauate Fund Balance Formula
Charlie Hansen presented the history of the Adequate Fund Balance Formula and outlined
several options for modifying the formula to meet changing conditions. After discussion,
Commissioner Ned Storla moved that the formula identified in the agenda packet as "Revision
#2" be recommended to the City Council for inclusion in the City's Financial Management
Policies in place of the original formula. Commissioner Jay Hruska seconded the motion and
all voted in favor of its adoption.
Actions of the State Legislature on Budget 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.
General Fund Budget Prioritization Process
Donn Escher gave a brief history of the earlier effort at budget prioritization in 1991 and 1992
and asked that staff report on those recommendations which have been implemented. Jerry
Splinter suggested that if the process is reopened, that it should be part of the 1996 budget and
start with employee input again. This should also be the start of Phase 3 of the Organization
Evaluation Process.
•
Discussion of 1996 Budget Calendar
Donn Escher drew the Commission's attention to a draft of the 1996 Budget Calendar. Jerry
Splinter asked what additional information and involvement the Financial Commission would like
to have in the budget process. The consensus was that the Financial Commission would like to
be notified if the City Council decided to hold additional work sessions on the budget. Staff was
asked to include the most current budget calendar with each Financial Commission mailing.
Communitv Improvement Task Force
Jerry Splinter announced the creation by the City Council of a Community Improvement Task
Force to evaluate the prospects for a bonds issue for public building and park improvements and
that each advisory commission was asked to contribute a member. Phil Roach volunteered.
Next Meeting
The next meeting will be Thursday, May 4, 1995 at 7:00 P.M.
ADJOURNMENT
At 9:00 P.M. there was a motion by Commissioner Ned Storla and seconded by Commissioner
Jay Hruska to adjourn the meeting. The motion passed unanimously.
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