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HomeMy WebLinkAboutApproved Minutes - 1989-03-08 March 8 , 1989 A regular meeting of the Lake Oswego Budget Committee for fiscal year 1989-90 was convened at 7 : 00 p.m. in the City Council Chambers, City Hall. Present were: Mayor Schlenker and Councilors Holman, Durham, Fawcett, Anderson and Holstein; citizen members Fuller , Kopplien, Prange, Giri and Berentson . Also present were Peter Harvey , City Manager and City staff. Councilor Churchill and citizen member Corey were excused . Peter Harvey reported that the Council had been notified by citizen member Gallottini that she was resigning from the Budget Committee due to a transfer to another city by her employer. Mr . Harvey noted that she will be missed as a member of the team. III. Selection of Chair , Vice-Chair , and Secretary . Citizen member Prange nominated, and Councilor Fawcett seconded, Sally Fuller for the position of Chair; it was moved, seconded and passed unanimously that citizen member Fuller serve as Chair of the 1989-90 Budget Committee. Counselor Durham nominated , and Councilor Fawcett seconded, David Prange for the position of Vice-Chair; it was moved, seconded and passed unanimously that citizen member Prange serve as Vice-Chair . Moved by Councilor Fawcett, seconded by Mayor Schlenker , that Councilor Holstein be appointed Secretary. The motion was passed unanimously . IV. Review of Budget Schedule. Mr. Harvey called the Committee' s attention to the budget calendar and asked if there were any objections to the schedule. No objections were raised. V. Review of Budget Process . Mr . Harvey briefly reviewed last year ' s budget process. A memo prepared by Robert Kincaid , Assistant City Manager , concerning the 1989-90 process was distributed. Mr. Kincaid ' s memo stated that at the conclusion of the 1988-89 budget meetings , it was the recommendation of the Budget Committee that a similar format be used for 1989-90 . Referring to a suggestion in Mr . Kincaid ' s memo of perhaps placing dollar amounts on the high, medium and low service levels , Mr. Harvey asked for direction from the Budget Committee regarding attaching dollar amounts to the service level reports. Mayor Schlenker commented that with regard to service levels, she would be interested in getting a clear idea of what service levels could be provided with the same dollars being expended during the current budget year . Rajesh Giri commented that he would like to see the direction of strategic financial planning, as he feels that would assist in determining budgeting for this year . Discussion followed concerning three alternative budget scenarios: status quo, enhanced levels , or a percentage reduction after adjustment for inflation. It was the consensus of the committee that the percentage reduction alternative of the budget scenario be a reduction of 10% of the adjusted base. VI. Orientation Tour. Mr . Harvey asked for an indication of the group' s interest in an orientation tour . The suggested dates were Saturday, March 18 or March 25 . Councilor Fawcett suggested waiting until after anticipated replacements on the Budget Committee have been completed, and then bringing up the matter for discussion in a later meeting. The group concurred with this suggestion. VII. Preliminary Strategic Financial Plan . Mr . Harvey outlined the ideas and basis for preparation of a strategic fin- ancial plan for the City. Finance Director Bruce Griswold distributed copies of the "Preliminary Strategic Financial Plan" which had been prepared by staff. Mr. Kincaid then reviewed the contents of the document and gave an overview of each of the funds , noting the key points of each, and answering questions from the committee. Mr . Kincaid stressed that the figures in the report are projections only. He suggested that committee members study the report carefully and use the information in making budgeting decisions . Councilors Durham and Fawcett complimented the Finance Department on the amount of information and detail provided in the "Preliminary Financial Plan" projections. Mayor Schlenker expressed her pleasure with the assistance this will provide the committee in completing its work. VIII . Adjournment and Announcement of Next Meeting. The next will be held on Thursday, March 30 at 7 : 00 p.m. in the City Council Chambers . The meeting was adjourned at 8 : 40 p.m. Respectfully submitted , Kathy Kelley Recording Secretary Budget Committee Meeting Page 2 March 8, 1989