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HomeMy WebLinkAbout2012 03-15 FCM I Financial Commission Regular Meeting Minutes 15 March 2012 1. Call to Order The meeting was called to order by Mr. Newman at 6:33 PM Members Present: Commissioners Newman, Landis, Plunkett, Agbssou. Schueller, VanDerWerf, Hollingshead. Members Absent: None Council liaison present was Council Member Ryan. Staff present were City Manger Boganey and Director of Finance Jordet. 2. Adoption of the Agenda Without objection, Mr. Newman declared the agenda adopted. 3. Minutes Mr. Landis moved adoption of the minutes from the 21 July 2011 meeting. Ms. Plunkett seconded the motion. With all voting in favor, the motion was adopted. 4. Mayor and City Council Compensation The topic of compensation for the Mayor and Council Members was introduced by Mr. Jordet. Discussion ensued about the compensation of Council for technology needs, meetings beyond the regular Council sessions, meetings outside Council activities, such as LMC, costs of campaigning for Council. Council liaison Ryan responded that current practices were satisfactory for each of these areas of potential compensation. Flat rate compensation increase was suggested in the range of 2% per year for 2013 and 2014. The example was given of $ 11,500 for the Mayor (2.99%) and $ 8,900 for Council Members (4.10%). Question was asked about how a 5% increase for Council would affect negotiations with bargaining units. Suggestion was made that a rate greater than that given to staff would be appropriate as Council did not receive an increase in 2012 while staff received 2.00%. There was a sense among the group that an increase in Mayor/Council compensation is overdue and is justified. A final suggestion of 3.00% for each year (2013 and 2014) be considered. 1 5. Utility Billing Policies Group discussion revolved around the reasons and justifications for the $ 50.00 initial fee charged to customers for"meter purchase" and the source and reasons for offering a reduced senior sanitary sewer rate. Staff would research the origins and possible alternatives to these policies and report back to the Commission at a future meeting 6. Reminder on Open House Meeting There will be an Open House meeting of the City Council and all City commissions on Wednesday, 11 April 2012 at 6:30 PM in Constitution Hall at the Community Center. 10. Adjournment With no other business to transact, the meeting was adjourned at 8:33 PM. 2