12-12-16 Personnel and Finance - Laserfiche WebLink

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Committee Chair Karen White made a motion to accept the substitute bill on file with the City Clerk's Office. Committeemember Gavin Ferlic seconded the motion which carried by a voice vote of four (4) ayes. John Murphy, City Controller, with offices on the 12th Floor of the County -City Building, served as the presenter and petitioner for this bill. Mr. Murphy stated, These are the budget transfers which are not additional appropriations. Mr. Murphy provided a few examples, such as salary savings in the Administration and Finance Department due to vacancies during the year. He stated, We are doing a study on bond disclosures and we want to make sure we have everything disclosed properly. We are out in the bond market so much we have engaged a company to make sure we have everything squared away on that. That is a $40,000 item. At the Morris Performing Arts Center, they have had some increased activity due to Wicked running sixteen (16) shows this time, so there is some transfer to cover some additional costs. There are a bunch of these that are similar in nature. Some of these are transfers to cover additional vehicle maintenance costs that were unexpected and flood cleanup. Some of that hopefully will be reimbursed. We still have the claim ongoing for the flood cleanup. Councilmember Davis asked how much they were anticipating for the flood cleanup claim. Mr. Murphy responded that they have identified $800,000 in costs so far but that the City's deductible for flood damage is around $500,000. He stated that the City should be getting the difference of that back. Mr. Murphy stated, The majority of that cost is being paid out of the COIT Fund, so it will go back to into that. Our normal deductible is $100,000 for property damage but flood is higher. No one from the public spoke either in favor of or in opposition to the bill. Committeemember Gavin Ferlic made a motion to send Bill No. 75 -16 to the full Council with a favorable recommendation. Committeemember John Voorde seconded the motion which carried by a voice vote of four (4) ayes. Bill No. 76 -16 — December Civil City Funds John Murphy, City Controller, with offices on the 12th Floor of the County -City Building, served as the presenter and petitioner for this bill. Mr. Murphy stated, These are the additional appropriations for the Civil City Funds. There are a number of them. In the General Fund, we have some additional appropriations because over time the Fire Department has had comp time buyback due to a number of retirees. In unsafe buildings, we have an emergency demolition cost of $25,000. Local road and streets has $25,000 for a van accessible parking space. In the LOIT 2016 special distribution, we are proposing to spend $150,000 for preliminary engineering for the Community Crossings Grant. The reason it is paid out of this fund rather than the new fund is because preliminary engineering is not grant- eligible. The other expenditures will be grant - eligible. We have $10,000 to Indiana Rescue for overtime. One (1) of the larger ones is paid for by a grant and is the purchase of in -car vehicle cameras for the Police Department. Also, $150,000 out of the COIT Fund for flood repairs. That goes along with the $500,000 we have already appropriated. The Park Non - Reverting Fund has $100,000, but it is actually funded by a 3