City Commission Budget Study Session  

 

June 19, 2007

4:30 – 6:00 p.m.

City Commission Room, City Hall

 

A G E N D A

  

Make Strong Progress in Ensuring that Revenues and Expenditures are Balanced

 

§         2006 Comprehensive Annual Financial Report - CAFR

 

§         Employee Health Care – Staff Memo

 

§         Compensation Survey – Staff Memo

 

§         Employee Distribution in Pay Plan - Table 

 

§         Budget options for property tax supported funds – staff memo to be provided

o        General Fund

o        Transit

o        Library

o        Recreation

o        Bond and Interest

 

§         Fund Balance Information

o        Memo – Fund Balances 2007     Table - History of Fund Balance 1997-2006

o        General Fund Balance Policy

 

§         GASB 45 -  Other Post Employment Benefits (OPEB) Information

§         Staff Memo – OPEB Valuation

§         Staff memo – Option Results Memo

 

 

Make Significant Progress in Responding to Infrastructure, Facility and Equipment Needs

 

§         Capital Improvement Budget

o        Table

o        Memo - Debt service projection 2007  Table - debt projection 2007

 

 

Understand Progress on Economic Development is Necessary

 

 

 

Communicate to the Community that as the City’s Financial Condition Improves, Additional Program Improvements and Enhancements Can Be Undertaken