09-10-01 Personnel & Finance - Laserfiche WebLink

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c • c4mmttt e port: likvoottul att4 Irina= tommttte The September 10, 2001 meeting of the Personnel and Finance Committee was called to order by the Committee Vice-Chairperson Council Member David Varner at 4:02 pm in the Council Informal Meeting Room. Persons in attendance included Council Members: Varner, Coleman, White, Kelly and Pfeifer; Mayor Stephen J. Luecke, Richard Nussbaum, Kathy Davis, Ann-Carol Nash, Michael Danch, Public Works Director Gary Gilot, Gerald Ujdak, Mr. Czerniak, Jon Hunt, Terry Bland of the Routh V tb Ertbttttt, and Kathleen Cekanski-Farrand, Council Attorney. Council Member Varner noted that the Committee does not have a quorum therefore presentations will be made for informational purposes only. Dr, Varner then called for a presentation on the following bills: Bill No. 76-01: Which would levy taxes and fix the rate of taxation for the purpose of raising revenue to meet the necessary expenses of the city for the fiscal year ending December 31, 2002 Bill No. 77-01: Which would appropriate monies for the purpose of defraying the expenses of the enterprise funds of the city for 2002 Bill No. 78-01 Which would appropriate monies for the purpose of defraying the expenses of the city departments for 2002 Mayor Luecke made the presentation. The Mayor noted that the rates are proposed higher in order "to capture the maximum"with the actual tax rate being set by the State Tax Commissioners. The Mayor thanked the Council for the time they have spent in budget hearings and the time they will continue to take to review the entire budget. In response to a question from Mr. Czerniak, the Mayor noted that the principal and interest payments for the Football Hall of Fame will be: 2002 $ 1,406,500 2003 $ 1,405,204 with the payment continuing to slightly decrease until the bond maturity date of 2018. Dr. Varner stated that he appreciates the fact that the tax bills are now broken out so that one can see the taxes for the city, the county and the schools;noting that many are under the misconception that the tax is totally for the city. The Mayor noted that he was in Indianapolis as part of the "Metro Mayors" who are lobbying along with IACT to attempt to protect home owners during the upcoming tax reassessment. In light of a committee quorum not being present, no formal action was taken by the Committee on Bill Nos. 76-01, 77-01 and 78-01. Dr. Varner then called for a presentation on Bill No. 82-01 which would appropriate funds from the Hall of Fame Operations Fund#677 and from the College Football Hall of Fame Fund#377