08-04-08 Personnel & Finance - Laserfiche WebLink

Home Browse Search

Personnel and Finance Committee Meeting Minutes of August 4, 2008 Page 5 Bend has a professional minor league baseball team. Sales tax and employment tax is collected .from the entities located within the professional sports development area which become the funding source. The goal is to build a $1 million capital fund. Council President Rouse stated that keeping the Silver Hawks and the Cove have tremendous value, and that the public should be educated on the return which the city is receiving. There was no one from the public to speak in favor or in opposition to this fund. 2009 Proposed Budget for Self Funded Employee Benefits, Fund # 711: Expenditure by Cost Center $13,854,707 Expenditure by Classification $13,857,734 Funding Sources Total $14,160,297 Revenue over expenditures for 2009 $ 302,563 The City Controller noted that workers compensation charges have increased. She highlighted the information in footnote # 3 noting that by changing to Anthem which was effective on January 1, 2007, has resulted in a "considerable cost savings which providing good benefits to City employees. 2009 Departmental budgets have decreased by a total of $1.4 million from the 2008 adopted budget". Ms. Fanello noted that additional information is set forth on pages 24 and 25 which were not in the packet of information provided to the Council. Ms. Fanello stated that she would make sure that the Council receives copies of those pages. Dr. Varner requested that the City Administration provide a summary listing which identifies all proposed employee positions which have been moved from the General Fund to other funds; as well as a listing of all positions which have multiple funding sources. There was no one from the public to speak in favor or in opposition to this fund. 2009 Proposed Buduet for Common Council: Expenditure by Cost Center $236,501 Expenditure by Classification $434,466 Funding Sources Total $434,466 Ms. Fanello noted that the 2009 estimate for total expenditures by Cost Center should be amended from "434,466" to "$236,501 ", in light of no election expenses which were previously budgeted at $.188,019 in the current budget.