City Council Minutes 2014 05 06 - Laserfiche WebLink

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City Council Meeting Minutes May 6, 2014 Page 7 of 27 Council member Lipton asked Finance Director Watson to address the significant items in the budget amendment. Finance Director Watson explained the flood in September held up a lot of capital projects. Those funds are now being rolled over for completion in 2014. Those projects include the McCaslin Washington underpass, the Coal Creek Golf Course reconstruction and Trail reconstruction. Council member Stolzmann stated at the budget meeting in January, Council discussed adjusting the projections for the use tax, which has been fairly invariable. Finance Director Watson stated the Finance Committee agreed the Consumer Use Tax should be reset to $1.1 million. He explained the biggest adjustment to revenue reflects the grant amounts for flood reconstruction. In September the grants were merely estimates, but now the dollar amounts are more defined. The major changes are to the Water, Wastewater and Stormwater fees and transfers to the Golf Course Fund. City Manager Fleming noted the majority of the funds reflect transfers, which appear on both the revenue and expenditure side. Council member Lipton suggested in the future, staff present a summary of the material changes. He asked if amendments are done periodically throughout the year. Finance Director Watson explained they typically are done once a year. City Manager Fleming explained it also represents new expenditures for 2014, which were not included in the budget when it was adopted in November. Council member Loo inquired about the wayfinding funding of $200,000 in various departments and line items. Planning and Public Safety Director Russ confirmed there is approximately $185,000. The Planning Division is working with the Parks Divisions and the Opens Space Advisory Board for a companion to the small area plan study. The$100,000 is set aside for branding and wayfinding for the McCaslin District and South Boulder Road and there is a carryover from 2013 for the Downtown Gateway for parking signs. The funding includes designs and construction of gateway and monument signage. Council member Loo disagreed with funding $215,000 for wayfinding signage. Planning and Building Safety Director Russ stated Council will see the signage though the small area plans. There is also funding to implement an open space wayfinding plan. Council member Loo addressed the $91,000 funding for a fire sprinkler system for the City Hall and asked if any retro- fitting has been made to the building. Public Works Director Kowar stated there has not been a retro- fitting of sprinklers within the City Hall. The remodels only involved moving walls. The sprinkler systems will be a separate system throughout the building as there wasn't any previous system to retro -fit. Council member Keany commented a lot of the projects not completed in 2013 were carried over to 2014. Hopefully some of those projects will be completed in 2014, but some may roll forward to 2015, such as the City Shops Building. The Finance Committee reviewed the amendments and made a change in the revenue projections