City Council Minutes 2009 10 20 - Laserfiche WebLink

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City Council Meeting Minutes October 20,2009 Page 4 of 15 PRESENTATION - ~~010 PROPOSED BUDGET - PUBLIC HEARING Mayor Sisk opened the public hearing and requested a Staff presentation. City Manager Fleming presented the highlights of the 2010 Proposed Budget and the 2010-2014 Capital Improvements Plan through a PowerPoint presentation. He reviewed the changes to tine budget since the October 6th meeting as follows: . Full funding to keep the senior meal site operating 5 days a week (increasing GF expenditures by $13,730). . Providing $2,500 in support (increasing General Fund expenditures by $2,500 for the Chamber of Commerce). . Revenue from increasing user fees at the Recreation Center and Memory Square Pool (increasing GF revenue by $17,000). . Scaling back the 4th of July and the Fall Festival events by $8,000-$9,000. The total proposed revenue budget for 2010 is $29,180,390. The revenues are as follows: taxes - 49%; charges for services - 41 %; intergovernmental; licenses & permits - 2%; interest earnings - 3% and other - 1 %. The revenue funds will be used for public works, transportation and public utilities; recreation and cultural services; public safety and judicial processes; debt service; parks & open space; coordination, administrative and technical support; community development and governance and civic involvement. The budget focused on the following areas: eliminating positions; not filling some vacancies and reducing hours for an annual savings of over $232,000; reduced compensation benefits and training for a net savings of over $26,000; significant service reductions and revenue increases for an annual savings of over $240,000. Revenue increasE~s of approximately $225,000. The Major Capital Projects (C-I-P) include the following: . Downtown Drainage "B" Outfall (2010-2011 - $900,000) . Equipment Replacement - Wastewater (2010-2014 - $1,001,000) . WWTP Headworks (2010-2011, - $1,380,000) . Vehicle and Laq)e Equipment Replacement (2010-2014 - $1,592,060) . Debt Service on Windy Gap Firming Project (2010-2014 - $2,235,620) . City Shops Remodel (2010-2011 - $4,000,000) . Street Repair & Reconstruction Program (2010-2014 - $5,000,000) . McCaslin Interchange (2011-2013 - $7,750,000) The Major City Funds are as follows: General; Special Revenue Funds (Conservation Trust - Land Acquisition) (Conservation Trust - Lottery); Capital Project Funds; Enterprise Funds (Water Utility, Wastewater Utility, Stormwater