City Council Minutes 2017 08 08 SP

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City Council Meeting Minutes August 8, 2017 Page 4 of 13 beyond, staff will update the wage and benefit projections for all funds. Total wage and benefit costs are anticipated to increase over the amounts currently presented. Although staff has made basic forecasts of revenue, expenditures, and reserves for all funds, staff has performed a more detailed review, and has made more detailed forecasts, for the major operating and capital funds, defined as. General Fund, Open Space and Parks Fund, Capital Projects Fund, Utility Funds and Golf Course Fund. As Director Watson went over the funds, Council questions and comments were heard. • General Fund; target and minimum significantly above what is needed. Determined what are recumng revenue and expenditures including the $1.2 million transfer and noted the fund balance is very strong. • Open Space & Parks Fund, spent down fund balance over the years. Not supporting the operations with just sales tax revenue. Will need to be supported by at least $400,000 from somewhere Council member Stolzmann noted she does not see that the intention of this fund was to completely support the open space and parks operation. A general fund transfer is appropriate Mayor Pro Tem Lipton asked why expenditures in 2018 are so high compared to 2017 Council members listed some of the upcoming projects. Mayor Muckle noted he thought the $1.2 million transfer was appropriate for 2018 and then could be looked at year-to-year. He suggested looking at operations and open space costs and determine how much needs to be left in the fund if the properties to be acquired are not as costly. Director Watson said if the $1.2 million dollars is not transferred in 2018 the fund is not liquid Mayor Pro Tem Lipton felt there was a need to look at reducing expenditures. Council member Maloney asked why the jump in expenditures from 2008-2013 to now. Director Watson reviewed Open Space & Parks operational expenditures In 2008 about half of the Parks operational expenses were shifted into the Open Space fund and then in 2014 all of the remaining parks operation was put in this fund. Not only is there growth of operational and maintenance costs, there were shifts from one fund to another. Council member Stolzmann asked if there were added positions. The answer was yes Parks and Recreation Director Stevens noted the added positions and a part of the justification was the addition of North End and Steel Ranch along with continued trail development As a result, operating costs then increase.