City Council Minutes 2006 09 12 SP

Home Browse Search

City Council Special Meeting Minutes September 12, 2006 Page 2 of 4 . 1 % savings in salaries, due to attrition and turnover. . Reduction in the increase in supplies. . In 2007, sales tax is expected to be $8.9 million in total, a 3% decrease from the 2006 projection. . Transfer $440,000 of sales tax dollars from the Capital Projects Fund in 2007. . The Boulder County Assessor indicates minor property tax revenue increase in 2007. . No new positions are recommended in 2007. . No final decisions about total staffing levels for 2007. . Operating expenses for 2007 are being reviewed by City Manager and Department Directors. . The "Gap" between revenues and expenditures for 2007 is currently $748,899. City Manager Simmons presented several possible budget cuts for Council consideration. Those include the following: reductions in senior property tax rebates, contributions, and grants; city sponsored events, museum programs, Business Retention & Development, City Attorney activities, Boulder County Communications, reduced library activities, recreation department-wide expense reduction, and closure of Memory Square Pool. Other considerations discussed; reduced expenses in vehicle replacement, computer replacement, janitorial services contract, and mowing serv'ices contract. Also discussed were furlough days without pay for City employees, and voluntary 35-hour workweek. Council discussed energy conservation measures for all facilities and future energy efficient capital projects, and in-house custodial services. City Manager Simmons explained the budget attempts to preserve essential core services within the City. CAP IT AL IMPROVEMENT PROJECTS Finance Director Leslie reviewed the Capital Improvement Project Highlights: . The Capital Projects Fund is expected to be ($240,000) short in sales tax revenue for 2006. For 2007, Staff recommended modifying the allocation between the General Fund and Capital Projects Fund to 67% and 33%