Laserfiche WebLink
Regular City Council Meeting <br /> Monday, September 18, 2017 <br /> Page 7 <br /> City Manager Trudgeon agreed, but noted there were best management practices <br /> involved even though those reserves were cyclical and fluctuated depending on <br /> development projects. <br /> Given that there was a nexus between permit fees and the purpose of the Commu- <br /> nity Development Fund, Mayor Roe philosophically questioned why that fund <br /> was even listed in Attachment C. <br /> Councilmember McGehee noted that since funds were already committed for the <br /> License Center remodel, and questioned if this document may confuse the issue <br /> and give the public the perception that the fund was stronger than it was in reality <br /> with those funds allocated. <br /> Commissioner Zeller clarified that this spreadsheet was based on that current pol- <br /> icy. <br /> Mayor Roe suggested that the Community Development Fund needed to be con- <br /> sidered as per policy and Finance Commission recommendation. <br /> Also with the Community Development Fund, Councilmember McGehee noted <br /> that if that department hit a rough patch with permits and fees down significantly, <br /> it resulted in job losses and therefore differed from other departments (e.g. Parks <br /> & Recreation Fund) that were funded through the levy. <br /> Councilmember Willmus questioned if the EDA budget and reserve accounts <br /> should be included as ancillary to the Community Development Fund. <br /> While unsure of the answer, Mayor Roe suggested looking at the dollars versus <br /> policy; and suggested the commission revisit that fund and recommend whether <br /> or not it be included in this document. <br /> Chair Schroeder reviewed the policy, but agreed that the Finance Commission <br /> may not know the entire back story for each of the funds, and therefore typically <br /> showed only the actual amounts in each Fund based on the math, while the City <br /> Council determines where that money goes. <br /> Specific to the Parks & Recreation Fund and 100% balance in the operating fund, <br /> Mayor Roe clarified that wasn't directed to the CIP. <br /> Discussion ensued regarding the need for shoring up of three of the Enterprise <br /> CIP Funds to make it clearer for the public; and verifying the actual considera- <br /> tions in operating and CIP funds and transparency goals. <br /> Graphic Representation <br />