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HomeMy WebLinkAbout07-13-09 Personnel & Finance Committee,~, 1____ PERSONNEL & FINANCE COMMITTEE Vice-Chairperson Karen White called the July 13, 2009 meeting of the Personnel and Finance Committee to order at 4:00 p.m. The following Committee Members were present: Oliver Davis; Ann Puzzello Other Councilmember's Present: Derek Dieter; David Varner; Henry Davis; Timothy A. Rouse; Al "Buddy" Kirsits Other's Present: Mayor Luecke; Gary Gilot; Rita Kopala; Jeff Parrot; Kathleen Cekanski-Farrand Agenda: Bill No. 09-49 -Property Tax Relief LOIT .5% Bill No. 09-50 -Public Safety LOIT .25% Bill No. 09-51-CEDIT .2% In Chairman LaFountain's absence, Vice-Chair Karen White outlined procedures for the Committee hearing as well as those for the public hearing during the 7:00 p.m. meeting. First, Chairperson White asked for a motion that for purposes of discussion all three bills be discussed jointly at both meetings. Secondly, she asked the committee to accept a motion to send the bills to Council without recommendation. Motions to that affect were made by Councilmember Oliver Davis, and seconded by Councilmember Varner. All were in agreement. Procedures for Public Hearing (see attached) Chairperson White turned to the Mayor for a financial state of affairs picture. Noting this financial crisis resulting from the passage of HEA 1001-08, leaves the city with $22 million less in property tax revenue in 2010, possibly more in 2011. While everyone agrees property tax relief is a good thing the consequence of underfunded local government services needs to be addressed. The Association of Cities and Towns crafted a financial "home rule" response, but the state legislature rejected the concept. The state left only one remedy, the (LOIT) Local Option Income Tax. Recognizing its responsibility to streamline, the city cut 121 FTE's since 2001. 26 of those in 2009. Other efficiencies include reducing the number of take home cars, consolidating mowing, cutting a $500 city contribution to employee flex plans, 5% pay cuts, and 80/20 employee insurance restrictions among others. In as much as these don't come close to making up for the $22 million loss, the LOIT's and CEDIT tax increases are advocated. Together, they would provide $16 million, leaving a loss of $6 million to be made up. Council President Derek Dieter asked how much the cuts already proposed represented in dollars. The Mayor said they were hard to quantify. Councilmember White referenced the $3-$4 million in cuts outlined in a handout form the Controller dated May 6, 2009. Councilmember Rouse said the good work done since 200 needs to be promoted. They Mayor then advocated support for the three tax increases to address the shortfall. Council President Dieter asked when the taxes would go into effect. The Mayor said that if adopted by the income tax council by July 31, the tax would be levied beginning October 1, 2009 with distribution starting January 1, 2010. Further emphasizing the search for efficiencies the Mayor has solicited expertise from Memorial and Notre Dame Managemerit teams. Gary Gilot interjected the city was looking for innovative solutions not just cuts. Henry Davis questioned what tangible was being done and could TIF and "Rainy Day" funds be used. The Mayor recounted the already used TIF funds for bonding of the police and fire headquarters. Further, the Mayor defended the need for keeping a "rainy day" fund balance. This would help cash flow, the bond rating, and readiness in case of emergencies. Councilmember Varner while acknowledging the shortfall suggested a better response would be an appeal to the State Distressed Property Tax Board. This would allow more gradual property tax over the next 5-10 years. Job creation would stimulate revenues from taxes already levied in a recovering economy. Tim Rouse disputed the validity of the approach claiming the city's credit rating needed to be protected. Councilmember Henry Davis questioned whether the city was asleep at the switch, wondering if efforts to fill the shortfall should have started years earlier. Councilmember Rouse coming to the Mayor's defense, reminded Councilmember Henry Davis of the Mayor's advocacy for Hometown Maters. Councilmember White wondered if the Council should consider an accompanying resolution that stated the Council would revisit the tax in the future. Councilmember Kirsits felt as through another resolution would "muddy" the water for tonight's hearing. HE suggested the advisability of a resolution could be considered at a later date. Councilmember Oliver Davis wondered if privatizing has been considered. The Mayor said it had. There being no further business to come before the committee, Vice-Chairperson White adjourned the meeting at 4:00 p.m. Respectfully Submitted, Karen L. White, Vice-Chairperson Personnel & Finance Committee