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HomeMy WebLinkAbout06292000City of Sebasti~ 1225 MAIN STREET ~ SEBASTIAN, FLORIDA 32958 TELEPHONE (56]) 58%5490 I.I FAX (561) 589-6209 CITY OF SEBASTIAN CITIIZENS BUDGET REVIEW COMMITTEE MINUTES June 29, 2000 The Citizens Budget Advisory Review Committee Meeting was called to order by Larry Napier at 6:05 p.m. Mr. Napier asked for the Pledge of Allegiance. Roll Call: The following members were present: David Folkening Herbert Munsart Larry Napier Gene Rauth - Excused absence David Foster Sara Marshall Richard Smith Staff Members present were Sally Grunzweig, Recording Secretary, Mark Mason, Director of Finance and City Manager Terrence Moore. APPROVAL OF MINUTES - (6/22/00) Motion by Larry Napier/Herbert Munsart A voice vote was taken. 6-0 motion carried. ANNOUNCEMENTS: Director of Finance Mark Mason announced this year spending will amount to about $16 million. NEW BUSINESS: The Board members reviewed the spending of each individual department in the proposed $15.7 million dollar budget in less than three hours. The board members found little that they wanted to change. Preliminary projections indicate that the property tax rate of $5 per $1,000 assessed value might not have to be increased this year. The general fund, which finances most city departments except the airport and golf course is projected to spend $6.7 million for operating expenses. This figure does not include capital improvement items. Mr. Mason informed the committee that the undesignated fund balance contained $2.3 million. The proposed fiscal 2001 budget includes a provision to "draw down" $150,000 from the fund to finance the renovation of City Hall. Budget Advisory Committee July 11, 2000 Page 2 Mr. Mason informed the committee the budget is geared toward enhancing services and replacing aging vehicles and equipment. Some of the projects proposed in the budget include restrooms for Hardee Park, lights for tennis courts, a bicycle path on Tulip Drive and an extension of the bicycle path on Schumann Drive. Funds are proposed for the design and replacement of a dilapidated dock on the riverfront property recently purchased to expand Riverview Park. CHAIRMAN MATTERS:- NONE MEMBERS MATTERS: - David Folkening requested an excused absence on July 13th. Motion to adjourn Napier/Smith at 8:30 pm. A voice vote was taken 6-0,