HomeMy WebLinkAbout06/03/2008 04B Minutes 05-15-2008 Council Budget Committee a -' » k _ o
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Counci1Budget Committee
Meeting Notes
for
Thursday, May 15, 2008
2:30 — 4 :00 p.m.
Attendance: Kathy Coffey, Micah Cawley, Neil McClure, Dick Zais, Rita DeBord
Discussion:
➢ Dick Zais reviewed the "Early" Transmittal of 2008 Year -End Budget Estimates and 2009
Preliminary Budget Projections.
• 2009 Revenue and Expenditure Budget projection including 2009 Forecasted
department budget without use of city reserves
• Past reliance on reserves has been approximately 5%
➢ Kathy Coffey noted the responsibility for reductions should be placed with each of the
• Department Heads.
➢ Suggestions were offered to set boundaries or a range (high and low) for reductions in
each department 's budget for purpose of preparing a 2009 contingency budget reduction
plan. However, no action was taken by the committee.
Action Items:
➢ Develop future direction of the Council Budget Committee
➢ Discuss an effective venue for community involvement in the budget process
Next Meeting: June 12, 2008, @ 2:30 - 4:00 pm in Council Chambers
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Committee Chair
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