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City Council <br /> Budget Retreat <br /> Special Meeting Minutes <br /> March 8, 2011 <br /> Page 4 of 5 <br /> Ken Gambon, 605 Augusta Drive, Louisville, CO voiced his concern over the Coal <br /> Creek Golf course maintenance, especially the Club House. <br /> Rick Brew, 726 Front Street, Louisville, CO addressed the City's reserves and noted it is <br /> earning very little interest. He stated the City could use its strong balance sheet to get a <br /> lower interest rate on debt. <br /> Deputy City Manager Balser clarified the allowable uses of Historic Preservation Fund, <br /> which were outlined in the ballot language. There was Council discussion on the hours <br /> of operation for the Museum. <br /> City Manager Fleming summarized the City Council's direction on restoring the following <br /> service items to the City's budget: the branch recycling center, special events, <br /> Steinbaugh Pavilion upgrades, funding for the Chamber of Commerce events, economic <br /> development funds and increasing the museum hours. <br /> Planning Director Russ noted the Parking and Pedestrian Action Plan has a line item <br /> that would include the DBA's desired improvements to the Steinbaugh Pavilion. <br /> Councilor Dalton expressed his concern over the lack of funding for infrastructure, water <br /> utilities and public safety. Deputy City Manager Balser noted the discussion on funding <br /> for infrastructure will be included in the Special Budget Meeting in June. <br /> Steve Anderson suggested the City Council fund depreciation in the City's budget. It <br /> was noted this is done with the City's fleet. <br /> PERFORMANCE MEASUREMENT AND BUDGETING FOR OUTCOMES <br /> City Manager Fleming reviewed current allocation of funding among programs: Public <br /> Works, Public Safety, Judicial Process, Recreation and Cultural Services, Parks and <br /> Open Space, Debt Service, Coordination, Administrative and Technical Support, <br /> Community Development, Governance and Civic Involvement for a total of $31,445,650. <br /> He explained several cities, counties and states have implemented various approaches <br /> to budgeting intended to ensure funding is allocated to the highest priorities and limited <br /> funds are stretched as far as possible. These approaches generally involve the <br /> following: 1) establishing the "Cost of Government or establishing a level of funding <br /> considered an acceptable burden and which is sustainable; 2) Identifying the broad <br /> general outcomes the City desires to achieve; 3) preparing specific proposals, including <br /> cost information intended to help achieve those broad general outcomes, and then 4) <br /> ranking the proposals so the highest priorities are funded within the funding available. <br /> Staff discussed these approaches, how they compare with the City's approach and what <br /> advantages or disadvantages approaches may have. The City is currently participating <br />