HomeMy WebLinkAbout12-12-2022 Personnel & FinanceI V
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OFFICE OF THE CITY CLERK
D AWN M. JONES, CITY CLERK
PERSONNEL AND FINANCE COMMITTEE DECEMBER 12, 2022, 3 :00 P .M.
Committee Members Present:
Committee Members Absent:
Others Present:
Presenters:
Agenda:
Sheila Niezgodski*, Eli Wax, Troy Warner*, Rachel
Tomas Morgan
Henry Davis Jr.
Dawn Jones, Victoria Trujillo, Bob Palmer, Justin
LePla
Dan Parker, City Controller
Bill No . 75-22 -An Ordinance to Adopt an
Investment Policy for the City of South Bend
Calendar Year 2023
Bill No. 76-22 -An Ordinance Appropriating
Additional Funds for Certain Departments and City
Services Operations for the Year 2022
Bill No . 77-22 -An Ordinance for Budget
Transfers for Various Departments for the City of
South Bend, Indiana, for the Calendar Year 2022
Members marked with an asterisk (*) are present digitally
Please note the attached link for the meeting recording:
https://docs.southbendin.gov/WebLink/browse.aspx?dbid=0&mediaid=359849
Committee Chair Sheila Niezgodski called to order the Personnel and Finance Committee
meeting at 3:00 p.m.
Bill No. 75-22 -An Ordinance to Adopt an Investment Policy for the City of South Bend
Calendar Year 2023
Dan Parker, City Controller, with an office on the twelfth (12 th) floor of the County-City
building, advised that the bill mirrors the 2020 and 2021 versions, and no changes were made to
the current investment policy. Indiana requires annual investment authorization.
Committee Chair Niezgodski requested questions from the Committee.
Committee Member Wax asked if state legislation now allows a wider range of investments.
Dan Parker responded that legislation still only permits investments in United States
treasuries, municipal bonds, and certificates of deposit. The range limits return as evidenced
in 2021 by the zero-point-six (0.6%) percent return on a two ($2,000,000) million-dollar
EXC ELLENCE ACCOUNTABILITY INNOVATI ON INCLUSION EMPOWERMENT
4 5 5 County-City Building 227 W. Jefferson Bvld South Bend. Indiana 46601 p 5 7 4.235. 9221 f 5 7 4.235. 9173 TTD 5 7 4.235.556 7 www.southbendin.gov
CIT) OF SOUTH BEND OFF IC E OF THE CLE RK
investment. Since inflation was approximately seven (7%) percent, monies were lost. The
2022 return will be between one-point-one (1.1 %) and one-point-two (1.2%) percent.
Committee Chair Niezgodski held the public hearing, and nobody spoke.
Committee Member Tomas Morgan motioned to send Bill No. 75-22 to the Committee of the
Whole with a favorable recommendation, seconded by Committee Member Wax and carried
via vote by voice.
Bill No. 76-22 -An Ordinance Appropriating Additional Funds for Certain Departments
and City Services Operations for the Year 2022
Dan Parker advised that the bill is the first of two (2) quarterly adjustment bills that account for
unforeseen expenses. The highest increases were experienced in gasoline, auto repair and
maintenance, and utilities. Two-point-three ($2 ,300,00) dollars were budgeted for gasoline per
gallon, but almost five ($5 ,000,000) million-dollars were spent. The police, fire, and other
departments purchase gasoline from the central services division and funds are transferred as each
department is reimbursed. Regarding vehicles, repairs, and maintenance increased as new vehicles
could not be obtained due to supply chain issues.
Committee Member Warner asked why property insurance increased.
Dan Parker responded that insurance tripled in four ( 4) years and was four hundred fifty
thousand ($450,000) dollars in 2018 compared to one point two ($1 ,200,000) million dollars
in 2022. The increase is due to a one-point-eight ($1 ,800,000) million dollar claim and
industry trends. The insurer is provided with a list of upgraded and replaced assets yearly.
Committee Member Wax asked if gasoline is accounted for twice for the various departments.
Dan Parker responded that the central service pays the supplier, and the departments pay the
central service.
Councilmember White asked what the percentage increase was for the three (3) items listed.
Dan Parker responded that gasoline now decreased to three ($3) dollars per gallon, but utilities
have increased ten (10%) percent yearly. Wages will increase in 2023 due to inflation, and
personnel costs account for sixty-five (65%) percent of expenses. Utilities will be better
accounted for in 2023 and 2024, but supply chain issues will still affect vehicle purchases.
Committee Chair Niezgodski held the public hearing, and nobody spoke.
Committee Member Wax motioned to send Bill No. 76-22 to the Committee of the Whole
with a favorable recommendation, which was seconded by Committee Member Warner and
carried via vote by voice.
Bill No. 77-22 -An Ordinance for Budget Transfers for Various Departments for the
City of South Bend, Indiana, for the Calendar Year 2022
Dan Parker advised that the bill permits the transfer of funds between departments.
Committee Member Tomas Morgan asked when professional services were sought.
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CITY OF SOUTH BEND OFFICE OF THE CLERK
Dan Parker responded that the budget is for all of 2022.
Committee Chair Niezgodski held the public hearing, and nobody spoke.
Committee Member Wax motioned to send Bill No. 77-22 to the Committee of the Whole
with a favorable recommendation, seconded by Committee Member Warner and carried via
vote by voice.
With no further business, Committee Chair Sheila Niezgodski adjourned the Personnel and
Finance Committee meeting at 3:22 p.m.
Respectfully Submitted,
Sheila Niezgodski, Committee Chair
NOTICE FOR HEARING AND SIGHT IMPAIRED PERCiONS
Auxiliary Aid or Other Services ma)' be Available upon Rcc1ucst at No Charge.
Please give Reasonable Advance Rcc1ucst when Possible
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