08-18-94 Personnel & Finance - Laserfiche WebLink

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atommittt: at.tport: Personnel and Finance go the Qtommo1% touittil of the City of South Oltub: The August 18, 1994 meeting of the Personnel and Finance Committee was called to order by its Chairperson, Council Member Sean Coleman at 3:15 P.M. in the Council Informal meeting room. Persons in attendance included Council Members: Kelly, Coleman, Luecke, Ladewski, and Puzzello; Jeff Rinard, Kevin Horton, John Leszczynski, Ed Talley, Jack Dillon, Leeann Bussey, Tom Scarbuck, Al Miller, Sam Hensley, Staff members of the Waste Water Department, and Kathleen Cekanski-Farrand. Mr. Horton was called upon to give a"Revenue Review". Mr. Horton provided a handout entitled "South Bend Civil City " which set forth information on the following funds: General, Self Insurance, Fire Pension , Police Pension, MVH, Park, CCIF, and CCDF.He also provided information on the Stadium Bond and Studebaker. Mr. Horton noted that next year only the levy is required to be advertised and not the rate. The City is using a assessed valuation of$620,000,000.00 with the current rate being 4.5045. In 1994, the assessed valuation was $619,000,000.00. He noted that here will be a meeting next Thursday August 25, 1994 at 10:00 A.M. to hear the remonstrance filed by 54 individuals on the Cumulative Capital Development Fund. He noted that the total rate is 5.9398. Mr.Rinard noted that the City Administration is attempting to spread the 5% levied more equally. Mr. Rinard also briefly reviewed a six-page handout addressing revenues (copy attached). It was noted that the General Property Tax for 1994 budget was $27,908,531.00 with 1995 projected at $29,501,008.00. Totals for 1994 for the General Fund are $34,057,289.00 and projected for 1995 of$35,824,988.00. The Council Attorney questioned where the fees for the accident reports, handgun permits, etc. are listed in change of the new State Law. Mr. Rinard stated that he would double check and report back to the Committee. Mr. Rinard also noted that under the account No.331.02-00 entitled Public Safety it set forth the Federal Operating Grant of $250,335.00 which will be used for the ten new Police Officers. It was noted that this will assist in budgeting approximately 3/4 of the monies needed for each officer. In response to a question raised by Council Member Ladweski on Asset Forfeiture, it was noted that the recent Reese Case will realize income through Asset Forfeiture at a future point in time. (COMMUNICATION BUREAU 1994 = $231,356.00 1995 = $233,480.00 Mr. Al Miller, the Director of the Communication Bureau the reviewed his proposed budget. He noted that the salary increases are consistent with the 2.25% and .75% for promotions. There will be a 2% increase in supplies and an increase for the Emergency Tower repair due to various lighting strikes. In response to a question raised by Council Member Ladewski, it was noted that the proposed video cameras for the Police Department cars will not be repaired by this Bureau. I