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HomeMy WebLinkAboutApproved Minutes - 2018-03-21 O s� n CITY OF LAKE OSWEGO �_� o Budget Committee Meeting Minutes GREGG�a March 21, 2018 Members present: Kent Studebaker, Mayor Scott Havens, Chair Joe Buck Steve Dodds, Vice Chair Jeff Gudman David Beckett Theresa Kohlhoff David Berg John LaMotte Gerry Good Jackie Manz (on phone) Aaron Rapf Skip O'Neill Members excused: Maulin Patel Staff Present: Scott Lazenby, City Manager; Jordan Wheeler, Deputy City Manager; Megan Phelan, Assistant City Manager; Shawn Cross, Finance Director; Brad Stevens, Assistant Finance Director; Kam Frederickson, Budget Analyst; Erica Rooney, City Engineer; and Anthony Hooper, Public Works Director The Budget Committee meeting was taped and is online with supporting information. To view additional discussion, click on any online Interactive Agenda item in color to go to that point on the video. 1. Call to Order and Roll Call Havens called the meeting to order at 6:02 p.m. in the Council Chambers of City Hall. 2. Elections for Budget Chair and Vice Chair Studebaker nominated Havens to serve as chair and Kohlhoff seconded the nomination. Gudman nominated Dodds to serve as vice chair and LaMotte seconded the nomination. Chair Scott Havens and Vice-Chair Steve Dodds were elected by unanimous votes. 3. Approval of Budget Committee meeting minutes for May 4, 2017 Gudman moved to approve the Minutes of May 4, 2017. LaMotte seconded the motion and it passed by unanimous vote. 4. Public Comment (3 minutes each) There was no public comment at this meeting. City of Lake Oswego Budget Committee Meeting Minutes of March 21, 2018 Page 1 of 3 5. Review Ground Rules, Schedule and Agenda Chair Havens read through the Ground Rules for the Budget Committee which included consensus on meeting process and times. 6. City Council Goals Studebaker highlighted a few of the 2018 City Council goals that are taken into consideration when developing the budget. • Decide on the future of the municipal golf course. • Explore opportunities for sale of city surplus properties. • Identify a site and financing plan for a permanent recreation center. • Reconsider the Council Policy on annexation. • Adopt a climate change action plan and begin implementing it. • Adopt a strategy for addressing PERS increases. • Accelerate the construction of pathway connections. Explore strategies for completing the Roehr Pathway connection to George Rogers Park, and the River-to-River Trail. • Adopt the tools identified in 2017 for more economical workforce housing. 7. Six-year Financial Forecast Lazenby presented the six-year General Fund forecast with a visual excel tool and graphs to test assumptions for projections. For the major departments in the General Fund, base assumptions are built into the spreadsheet for revenues and expenditures. He pointed out that Property Taxes is a general revenue stream that is budgeted to increase 3% annually with up to another 1% for new development. Franchise Fees, State Shared Revenues and lodging taxes are important to the General Fund as well. The forecast reflects no new programs and base CPI was used in the projections. 8. Direction on Funding Priorities Lazenby reviewed some city funding priorities for the Budget Committee to consider for use of about $1.5 million of available general revenue that may be in the 2018-19 budget. ■ Street Maintenance Funding ■ Parks and Recreation Facility funding • Civic Center ■ PERS Side Account Funding ■ Stormwater Projects funding The Budget Committee members offered their views some possible uses for the estimated available general revenue for 2018-19. City of Lake Oswego Budget Committee Meeting Minutes of March 21, 2018 Page 2 of 3 9. Municipal Grants Review Subcommittee selection Wheeler requested volunteers for a subcommittee to review Municipal Grant applications submitted to the City for fiscal year 2018-19 and make recommendations of funding recipients to the Budget Committee. Studebaker, Buck and Havens volunteered to serve on that committee. 10. Neighborhood Grants Committee volunteers Wheeler requested volunteers from the Committee to review grant requests for the Neighborhood Enhancement Program (NEP) along with the rest of the NEP grant committee. LaMotte and Good volunteered to serve on that committee. The budget for those is $60,000. 11. Next Steps/Future Meeting Topics Dodds stated that there could be some discussion on the Golf Course. Lazenby will focus on changes from the Projected 2018-19 budget, that is reflected in the current year's budget document, to the Proposed 2018-19 budget. Next Budget Committee meeting on April 26. 12. Adjournment The meeting adjourned at 7:32. Respectfully submitted, Kam Frederickson /s/ Kam Frederickson Budget & Financial Analyst APPROVED BY THE BUDGET COMMITTEE: April 26, 2018 City of Lake Oswego Budget Committee Meeting Minutes of March 21, 2018 Page 3 of 3