01-30-1988 (City Council) Agenda Packet DATE POSTED I-27-88
TIME POSTED 8: 29 A.
AGENDA
CALLED CITY COUNCIL
MEETING WORKSHOP
SATURDAY, JANUARY 30, 1988
8: 30 A. M. COMMUNITY ROOM
800 THOMAS ST.
CALL TO ORDER
INVOCATION
ORDER OF PAGE
BUSINESS REFERENCE BUSINESS
1 Recess Open Meeting
2 Convene into Executive Session
under the authority of Article
6252-17 V.A.C.S. Section 2
paragraph "g" personnel matter
regarding employees in the
87-88 budget in the foil owing
departments :
City Council
City Manager
City Secretary
Finance
Municipal Court
Code
Engineering
Personnel
Library
Police
Public Works
Fire
3 Reconvene open meeting
4 General work shop to amend the
amended 87-88 Budget
5 Review of work shop and items
for the next agenda
6 Adjourn
RECOMMENDED BUDGET REDUCTIONS
ITEM(s) REDUCTION
Master Plan-Engineering Services 31,500
Emergency Medical Services 65,000
Fire Department-New Equipment 10,000
Park Improvement-Capital 15,000
Sod & Seed-Municipal Complex 5,000
Merit Pool 123,000k
Animal Control Cages 2,935
Police 108,400
4 Patrol Officers 57,000
Clothing Allowance 9,250
Police Fuel
Special Purpose Equipment 4 100_ .—
2 Vehicles 30,000
Use of County Jail 1,150
2 Police Radios (Cars) 6,000
Add back Vehicle Repairs (4,000) -
108,400
2 Librarians 29,000
Library Aide 10,6 0 j
Librarian , 00
29,000
Code Enforcement 10,300
1 Vehicle 10,000
Camera 300
Food & Ice 1,600
Travel & Training (All Departments) 10,000
Furniture (All Departments) 9,875
Equipment
Terminate Lease (No Equipment) 52,600
Refinance Lease (Keep Equipment) 52,600
Defer Payment to FY 88-89
374,210
FISCAL YEAR 1987-1988 BORROWINGS
LANDFILL
Engineering and Legal $150,000
ENGINEERING DESIGN
Priority Sewer Lines 150,000
SEWER TRUCK 35,000
STREET RECONSTRUCTION
Two (2) Miles 160,000
PUBLIC SAFETY EQUIPMENT
Pay-off of -0- with 88,000 Fund Balance and -0-
Debt Service Payment.
EQUIPMENT REFINANCING UNDETERMINED
FUTURE BORROWINGS:
The City will need to replace one (1) fire truck by fiscal year 1990
(88-90) as one (1) truck is nearing 20 years of age projected cost
140,000 -150,000 (1250 gallon pumper) . Fire truck Financing for 20
years.
Projection of approximately 5 year pay-out of Certificates of Obligation
on interest and fees at 8.5 - 9.0% -- 660,000 to 675,000 payback.
ANTICIPATED REVENUE - GENERAL FUND
AMENDED PROPOSED
LINE ITEM 1987-88 1987-88 REDUCTION & REASON
Current Ad Valorem 1,433,000 1,249,000 (184,000) Tax rate 59.0 to
50.0 both 90%
collection.
270,000,000 tax 277,608,000 adj.
base tax base
Delinquent Taxes 125,000 60,000 (51,000) Net loss due to tax
rollback. No 5%
delinquency collec-
tion, no 15% penalty
on delinquent taxes
(14,000) due to extended pay-
ment period 2/1/88 to
7/1/88.
(65,000) Total reduction of
taxes.
Penalty & Interest 30,000 22,000 (8,000) Loss of 15% penalty
period & extention
of delinquency date-
projects aggression
delinquent P & I
collection by
attorneys.
Sales Tax 315,000 275,000 (40,000) Sales tax first four
months:
Last Yr. This Yr.
83,754 74,557
(12.5%) at this rate
annualized with in-
creases in last six
months of fiscal year
per historical trend
new forecast of 275,00C
1986-87 1985-86
298,000 286,416
1984-85
263,603
EMS Fees 22,500 14,000 (8,500) Projects an 80%
collection ratio of
EMS Transport Fees 20,000 14,500 (5,500) of current A/R of
37,000 recommended
collection agent.
Interest on Investment 7,000 2,000 (5,000) No funds to invest.
County Govt. Reimbursemt. 16,000 4,000 (12,000) Ambulance subsidy to
Lifeline.
Total Reductions (328,000)
(continued)
AMENDED PROPOSED
LINE ITEM 1987-88 1987-88 REDUCTION & REASON
Increases:
Cable TV Fees 2,400 3,000 600+ First payment 1,500.
Sanitation Franchise
Fees 20,000 21,000 1,000 Annualized rate
adjustment.
Other Misc. Revenue 3,000 4,400 1,400 Reimbursements.
Total Increases 3,000
Net Reduction (325,000)
)
*No projection on building permits, electrical, mechanical, zoning, plat fee, or development
fees, etc. Too early to make determination if these revenues do not reach forecast levels,
further cuts could be necessary.