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HomeMy WebLinkAbout07252002 City of Sebastian 122s STaE a SE ^ST ^N, FCO a^ TELEPHONE (561)589-5490 [] FAX (561)589-6209 CITY OF SEBASTIAN CITIIZENS BUDGET REVIEW COMMI'FI'EE MINUTES July 25, 2002 The Citizens Budget Advisory Review Committee Meeting convened at 6:00 p.m. The following members were present: Herbert Munsart Larry Napier Gene Rauth Leon Griffin - Excused absence Lee G. Weeks - Absent Richard Smith Charles D. Cardinale Staff Members present: Sally Grunzweig, Recording Secretary, Mark Mason, Director of Finance, Debbie Krueger, Accountant Approval of Minutes - July 11, 2002 Motion by Napier/Smith - Motion carried New Business: Capital Improvement Projects are expected to total 4.9 million in Fiscal 2003. The millage rate is $4.59 per $1~000. Mr. Mason informed the committee that 2.8 million of the Capital Improvements projects will go toward the City Airport improvements. The City also plans to budget $300,000 to $400,000 for road improvements and $180,000 for sidewalk improvements. New expenses being added to the budget are the storm water utility division and recreation services. The city is proposing to spend $100,00 for recreation services. Mr. Mason informed the committee that $100,000 is to cover operating expenses, new equipment and the salary and benefits of a recreations aid. The Committee requested copies of the Capital Improvements from Mr. Mason. Mr. Mason said he would give the committee copies when he has completed the capital improvements aspect of the budget. The Committee once again complimented Mr. Mason, Director of Finance for the outstanding job and hard work that he did on the Proposed Fiscal Year 2002-2003 Budget. Budget Advisory Committee Meeting Minutes July 25, 2002 Page 2 Larry Napier, Vice Chairman would like Mr. Mason to look into the Indian River County water Rate Equalization Charge that the County is charging residents on their water bills. In addition, Mr. Napier would also like to see an audit of the Water Utility Tax to determine if all revenue is being returned to the City, as well as look into and audit the Gas Utility Tax to insure compliance for all retailers to file returns and remit the tax to the City. Motion By: NapiedSmith I make a motion to adjourn. Motion carded Adjourned @ 7:00 p.m. Respectfully submitted: Sally Grunzweig, Recording Secretary