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HomeMy WebLinkAbout1993 03-08 FCM• FINCOMM\MIN03083 MINUTES OF THE PROCEEDINGS OF THE FINANCIAL COMMISSION OF THE CITY OF BROOKLYN CENTER MARCH 8, 1993 EARLE BROWN HERITAGE CENTER, C BARN CALL TO ORDER Chair Donn Escher called the meeting to order at 7:00 P.M. in the Earle Brown Heritage Center, C Barn. ROLL CALL Present at roll call were Chair Donn Escher, Commissioners Pat Boran, Ulyssess Boyd and Denis Kelly. Also present was Assistant Finance Director Charlie Hansen. APPROVAL OF MINUTES - FEBRUARY 1, 1993 A motion was made to approve the minutes of the February 1, 1993 meeting as submitted. The motion passed unanimously. CAPITAL SPENDING POLICY SUBCOMMITTEE REPORT Commissioner Pat Boran presented a new draft of the Capital spending Policy which included changes that were discussed at the February 1 meeting. A wide ranging discussion of the policy followed. Commissioners agreed to most of the draft, but had problems with the wording of a few paragraphs. Charlie Hansen was directed to write an alternative draft of paragraph C under the • section "Spending Limitation/Fund Balance Requirement", and to summarize future funding requests from the Capital Improvements Program, for the next meeting. Commissioner Denis Kelly moved and commissioner Ulyssess Boyd seconded a motion to give preliminary approval to the Capital Spending Policy. Final approval will be given at a future meeting, but not until Council Liaison Rosene and City Manager Splinter are able to attend a meeting on the policy. CITY COUNCIL SALARY SETTING POLICY SUBCOMMITTEE REPORT Chair Escher presented the draft of the policy. After discussion, it was decided to move the phrase "and, discuss possible budgetary and public perception impacts of indicated changes." from section III. Procedure: paragraph 2 to paragraph 4. The purpose of the move is that this task should be done by the Financial Commission instead of the City Manager. Commissioner Denis Kelly made and Commissioner Pat Boran seconded a motion to approve the City Council Salary Setting Policy. The motion passed unanimously. SURVEY OF SEVERANCE POLICIES FOR LAID-OFF EMPLOYEES Chair Escher nominated Commissioners Ron Christensen and Vi Kanatz to a subcommittee to draft a policy and report back. FUTURE MEETINGS The next regular Commission meeting is set for Monday. April 12, provided that there are sufficient agenda items to justify a meeting. The City council's request for an April 5th joint meeting was declined because only two Commissioners could make it. April 19th was suggested as an alternative. ADJOURNMENT There was a motion by Commissioner Commissioner Denis Kelly to adjourn unanimously. The meeting adjourned Ulyssess Boyd and seconded by the meeting. The motion passed at 8:45 P.M. •