CCP 12-13-1993 - Laserfiche WebLink

Home Browse Search

12-13-1993 11:04AM FROM WHrTNEY 8. ASSOCIATES INC TO 963~(839 P.02 . ARDEN BILLS FINANCE COMHITTEE . November l7, 1993 I I Minutes I Cdllto Ot'du: ~e ~eet1ng was called to order at 7:42. The following members were present: FfanrROlmes, Chuck Mertensotto, Sandt'a Shrewsbury and Carl Rundquist. Also pres nt was City Accountant Terry Post. The minutes of the October meeting were approved. City IAccountanc/Treasurer's Report: Ter~ Post reviewed staffing changes, investment of funds to secure higher inte~est races, financing of new public buildings, and water and sewer rgte~. The city is now receiving 4-5% recurn versus money market rates. St. ~sul water rates will increase 3.4% in 1994 while metro waste control rate~ will stay flat. Sewer rates will however be affected by the higher rain all we have had in the past year. "Dry" years mean less infiltration intoJsewer system and chus lower sewer processin rates. Fina cial Reports Subcommittee: Ucil~cy Rates: The committee heard that St. Paul plans a 3.38 % increase in t~e rates they charge custo~ers such as Arden Hills. The committee rece~ved a motion frOm Fran Holmes that the finance committee recommend to ttie City Council that water rates to all users increase 3.5 %. This . incr~ase is recommended because the cost basis of water will increase 3.38 1% accordi.ng to the recommendacion of tha St. Paul Board of Water Comm4ssion. Additional overhead costs are also anticipatad. This move was iecondad by Carl Rundquist and unaminously approved by all committae members present. , Sewe~ Rates: Anticipating a 3% inflation for labor and maintenance costs pIus Ian upward increasa in matro was,s control costs (infiltration of wacer from runoff into the sewer system), Carl Rundquist made a move: The ~inance Committe recommend to the City Council a increasa in sewer rsteiof 3.5 % for residential (including senior cicizens) and commercial usar~ of the city system. The move was secondad by Sandy Shrewsbury arid ~as unaminously approved by all committee members. I Othe~ Businass: me city council wanted the finance committee to meet with the~ to discuss , ' w~thithem present and future plans for tha committee. Chuck Martensotco asnd:Tom Steele were volunteered to attend that session on November 18, 1993i Activities co be discussed: fire department budgating process improvement, citizen complaint on increased water rates and alcernatives, modeling utility rates, citizen free labor and involvement on cicy projects, etc. I Futura issues needing work: city hall, public works building, capcial budgJting process, citizen inpuc in budgeting process before truth-in- taxation, joint committee meetings, rotation of members into other committees, rotaJion of council liaison to finance committee, etc. I t N~xt]Meeting: Bring food to share for holiday gathering and send off of . Sandra Shrewsbury. 7:30 PM in public works building on December 15, 1993. I AdjoJrnment: Meeting adjourned at 9:25PM. Submitted by Chuck Mertensotto ~.d~ --- -.----- -------