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HomeMy WebLinkAbout2002-10-21 Council PacketKenai City Council Work Se~~ion Group A Revenue~ & Expend iture~ October 21, 2002 KENAI CITY COUNCIL WORK SESSION OCTOBER 21, 2002 CITY COUNCIL CHAMBERS 7:00 P.M. GROUP "A' DISCUSSION LIST: Revenues/k Expenditures o 2. 3. 4. , General Fund Overview/Stares Report General Fund Balance Minimum Employee Wages & Benefits Revenue: Mill Rate/Sales Tax/Rates, Fees, Charges/Grants, Loans, Bonds General Fund balanced budget (current revenue = current expenses) vs. supplementing operations budget with unrestricted General Fund Reserve. KENAI CITY COUNCIL WORK SESSION OCTOBER 14, 2002 7:00 P.M. CITY COUNCIL CHAMBERS MAYOR JOHN J. WILLIAMS, PRESIDING NOTES Council present: Staff present: Williams, Bookey, Swarner, Moore, Porter, Jackman and Bannock Freas, Snow, Graves, Komelis and Semmens Williams requested council to review the list, amend it, combine subjects into groups and then indicate what backup material they would like for the next work session. Categorizing: Categories were noted as · Revenues and Expenditures · Future revenues · Capital Projects * Acquisitions · Status of library building * Acquisition of borough land · .. Buildings and maintenance/General (including city hall ventilation and heating). Bookey noted, during the discussions, he wanted council to decide whether they would raise the mill rate or keep it as it is. Additions' Additions to the draft list provided by the city manager were as follows' · · · · · meeting with Unified water distribution Acquisition of borough land. Hire of a planner (discuss with VISTA volunteer, No. 14 on the draft list). Arctic Winter Games Partnering with Boys & Girls Club (Snow noted administration has been their representatives and working on combining the teen programs.) Legislative affairs State sales tax Borough sales tax code Groups' A. Revenues ~ Expenditures 1. General Fund Overview/Status Report 2. General Fund Balance Minimum KENAI CITY COUNCIL WORK SESSION OCTOBER 14, 2002 PAGE 2 , . Employee Wages & Benefits Revenue: Mill Rate/Sales Tax/Rates, Fees, Charges/Grants, Loans, Bonds General Fund balanced budget (current revenue = current expenses) vs. supplementing operations budget with unrestricted General Fund Reserve. Bo Revenues & Expenses/General o 2. 3. 4. 5. 6. 7. Personal property taxes Senior housing rent increases Dock operations Deferred building maintenance Old library and jail status Boys & Girls Club Partnering DOTP&F Maintenance Reductions Co Capital Improvement Plan 1. Unified water district 2. Acquisition of borough land 3. Capital Improvements/General · Shop replacement .. · Library expansion · Recreation park Street improvements/LID assessment allocation · Water/sewer projects · Erosion Control Other De Donations 1. Donations/General 2. Arctic Winter Games Eo Legislative Affairs Williams explained, the Arctic Winter Games package was hand-delivered by the borough. If the Games are awarded to the Borough, the different communities will be asked to contribute financial and in-kind support; dividing $100,000 between Kenai, Soldotna, Homer and Seward. The rest of the funding is hoped to come from Senator Stevens, the State, and the borough, totaling $4 million. Williams added, if the Games are awarded to the borough, council will have to decide on which addition to make to the ice rink and then request funding from Stevens. KENAI CITY COUNCIL WORK SESSION OCTOBER 14, 2002 PAGE 3 Back-up Materials for Group A (to be heard at the October 21, 2002 work session)~ * General overview · Chart indicating past history of the General Fund balance, including an explanation of major expenses from the General Fund, balance capital, yearly deficits, etc. · Incentives program: Employee cost savings reward. · Individual chart of sales tax fluctuations. Employee wage and benefits -- a seven year review . COLA information . Comparison of health insurance costs and inflation · Personnel services (FICA, 401, PERS, etc.) . DOT letter noting their plans for service to the City of Kenai. Contact them and request a schedule for snow removal. A brief discussion followed regarding VISTA volunteers and whether it would advantageous for the city to investigate acquiring a volunteer with economic development background. It was noted you can recruit on a local basis or from a national pool; they earn a stipend of $900 a month and their benefits are paid; the city would need to assist in locating adequate housing and provide travel costs for city meetings/events; the city will also have to develop a job description for the position to include: under the city manager's supervision; inventory assets of the city; identify industry and businesses to contact; develop strategy for economic development; etc. Council requested adm/nistration pursue acquiring a VISTA volunteer. The work session adjourned at approximately 8:11 p.m. Notes transcribed and prepared by: Carol L. 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