City Council Minutes 2019 09 03 - Laserfiche WebLink

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City Council Meeting Minutes September 3 2019 Page 13 of 14 other recommended increases and deletions He added the interfund transfers have been updated based on the consumer price index. He reviewed the long-term financial plan noting this budget keeps the fund balances above targets for the out years He noted the golf course fund may need to be addressed as it is funding the operations but not the capital and renewals This will need to be discussed in the budget process Mayor Pro Tem Lipton stated in general there appears to be a fundamental imbalance with revenues and expenses in the next few years and it is being covered by fund balances It does not look sustainable 2020 may be okay, but we cannot depend on this long term Councilmember Maloney agreed the expenses exceed revenue over the next six years He would like to see a proposal to address this The expenses need to be addressed Councilmember Maloney stated for the Rec Center he would like to see the Rec Fund pay for its own renewal and replacement. For golf he thinks the numbers look too high and they should be reviewed given the poor numbers early in this year Councilmember Maloney would like the 6-year staffing plan included in this discussion Councilmember Maloney noted large fund balances in the utility fund and felt there is a need to look at that and the rates Mayor Muckle stated the Finance Committee agreed to the conservative 1 5% sales tax projection but the Council should weigh in if they don't agree Mayor Muckle agreed with the need to see the six -year staffing plan City Manager Balser stated at this point we are not considering additional staffing past 2020 due to budget constraints Mayor Muckle noted the recreation numbers look good, but we are still making the full transfer from the general fund It would be great if by 2021 that is not needed Mayor Muckle suggested not asking for too much work on the long-term plan in the second year of the biennial budget. That should happen next year Mayor Pro Tem Lipton stated the 2021-22 budget might require a new budgeting process He noted sales tax is likely to decline and the projections should be conservative On the Rec Center he would like to see a reduction in the general fund contribution in future years but that will be a decision for future councils Councilmember Loo asked if the budget is predicated on the TABOR question concerning the recreation center tax passing Director Watson stated yes