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Regular City Council Meeting Monday, April 7,2014 Page 12 Member Cartier opined that he saw one of the functions of this Commission to re- view bonding opportunities versus a day-to-day budget presentation to the City Council. Mayor Roe advised that the City Council was looking for policy guidance from the Commission rather than specific number crunc ing in be any g eat det tl; and how for suggestions from the Commission on how things to set aside more funds if trends indicated such measures. Member Cartier stated that he saw the Commission's focus on major dollars ver- sus operating budgets; with more concern about CIP and big ticket items, and with the assistance of Finance Director Miller,to determine what was required for new elements and current capital and bonding leverage; and providing an ade- quate cash flow for those expenditures. Mayor Roe noted that the CIP subcommittee documents he previously referenced included each category and annual updates accordingly, which would address Member Cartier's consideration of those items that may be over or under-funded, and whether or not more or less bonding was indicated. Mayor Roe note that the CIP was basically set up to break even e cept for rd.ew buildings and other major categories of capital spending that Councilmember McGehee noted that for a number of years, there was no annual funding set aside to address infrastructure needs or those new buildings coming on board, causing everything to be underfunded and the City unable to meet its responsibilities. Over the last four years, Councilmember McGehee noted that the City Council had attempted to address that situation; and referenced the asset management software program being put in place to track those items needing re- pair and maintenance and to plan accordingly for those items. Councilmember McGehee opined that the City of Roseville had an issue specifically with the in- stallation of new pathways, that were strongly supported by residents and taxpay- ers, but without any plan in place to their long-term maintenance, repair and re- placement whether within or outside parks. With 75 miles of pathways in the City, and an estimate of $5,000 maintenance required for every mile, Coun- cilmember McGehee stated that such funding had not been set aside, opining that this was on e of the things of interest to her. Noting the preferences expressed by Councilmember Laliberte for a set calendar, Councilmember McGehee also ex- pressed her preference for a method to be set to fund capital and maintenance costs; and whether that source should be bonding or use of reserves; or whether a further policy discussion was needed. In her efforts to familiarize herself with budgets, Councilmember McGehee advised that she had personally reviewed online budgets and CIP's for other cities; and had found very interesting alterna- tives and other software packages uses, some more accessible and some worse than the City's current one,but all proving interesting and useful.