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City Council Finance Committee <br />Meeting Minutes <br />02/18/20 <br />Page 5 of 6 <br /> <br />Finance Committee Chairperson Maloney asked how the budget process with <br />program budgeting will be presented. City Manager Balser stated that staff will <br />review the City’s current KPI’s to highlight which programs are, or are not, <br />successful. Manager Balser stated that based on a holistic review of the programs, <br />staff will make and present its program budget recommendations. <br /> <br />Finance Committee Member Lipton stated that sales tax is flattening and <br />operational expenses are increasing. Member Lipton stated that staffing costs are <br />increasing at a higher percentage than sales tax revenue. Member Lipton stated <br />that the budget plan should be for the balanced funding of operations, making <br />strategic use of one-time revenue, to be more efficient, and to iron out the semantic <br />differences in funding the Renewal & Replacement Fund for the Golf Course and <br />Recreation Center. <br /> <br />City Manager Balser stated that she understands the goal, but that the revenue <br />from the General Fund, Capital Projects Fund, and the Renewal & Replacement <br />Funds are so intertwined that decision may not be straight forward. Manager <br />Balser stated that the City has large reserves and staff will present various options <br />to the Finance Committee and Council. <br /> <br />City Manager Balser stated that it is difficult to convey to the public that service <br />level cuts are necessary when the City’s reserves are high. Manager Balser asked <br />if funding the Renewal & Replacement Funds for the Golf Course and Recreation <br />Center will be at the cost of staffing programs. Member Lipton stated that yes, <br />building the Repair & Replacement Fund reserves will be a priority. <br /> <br />The corresponding narrative can be located in the packet of the February 18, 2020 <br />Finance Committee Meeting. <br /> <br />STAFF REPORTS/UPDATES/DISCUSSIONS <br /> <br />Finance Committee Work Plan <br /> <br />Finance Committee Chairperson Maloney stated that discussion of the Recreation <br />Center and Golf Course Renewal & Replacement Funds need to be added to the <br />list of Major Initiatives for 2020. <br /> <br />Chairperson Maloney stated that the items the Committee would like placed on the <br />agenda for March 17, is continued discussion of: <br /> <br />Renewal & Replacement Funds <br />Budget Calendar <br />Biennial Budget Process <br />Capital Budgeting Processes and Delivery Efficiencies <br /> <br />6