HomeMy WebLinkAboutMAY 25,2006
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CITY COUNCIL/REDEVELOPMENT AGENCY
SPECIAL MEETING MINUTES
THURSDAY, MAY 25,2006
CALL TO ORDER
Mayor Roger Chaodler called the meeting to order at 7:00 p.m.
ROLL CALL OF CITY COUNCIL/REDEVELOPMENT AGENCY MEMBERS:
PRESENT: Roger Chandler, Mayor/Agency Chair
Mickey Segal, Mayor Pro Tem/Agency Vice Chair
Peter Amundson, Council/Agency Member
Bob Harbicht, Council/Agency Member
John Wuo, Council/Agency Member
ABSENT: None
PUBLIC COMMENTS
None,
STUDY SESSION
a,
FISCAL YEARS 2006 - 2008 BUDGET PRESENTATION AND ENSUING
DISCUSSION.
Bill Kelly, City Manager, and Tracey Hause, Administrative Services Director presented the staff
report; staff provided an overview of the upcoming 2006-2007 fiscal year budget and items
related to the 2007-2008 fiscal year budget including: review of projected revenues, the capital
and equipment fuods, and the emergency reserve fund; staff noted that revenue information
was recently finalized, and as a result, revenues are up city-wide; currently there is an ending
fund balance in the 2005-2006 fiscal year budget.
Staff responded to Council inquiries regarding the discrepancy between budget revenue
projections and the actual year-end figure; staff responded that until revenue numbers are
finalized through a variety of mechanisms (reports for tax revenue, assessed valuation, etc.)
revenue projectioos cannot be guarantees of the year-end balaoce; City Council has
traditionally directed staff to take a more cooservative approach to revenue and expenditure
projections.
Council Member Harbicht suggested that a portion of the 2005-2006 fund balance be dedicated
to replenishing the equipment replacement fund.
Staff responded to Council Member inquires regarding a variety of line items in the proposed
budget.
Council Member Amundson requested that staff provide an update to him regarding public
safety "constant manning" issues and overtime; Mr. Kelly noted that various studies have been
conducted in these issues, and will provide Mr, Amundson with the information he requested,
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48:0047
ADJOURNMENT
The meeting was adjourned at 8:25 p.m.
The next Regular Meeting of the City Council/Redevelopment Agency will be June 6, 2006 at
6:00 p.m. in the City Council Chamber Confereoce Room located at 240 West Huntingtoo Drive,
Arcadia.
ATTEST:
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05-25-2006
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