1995 ADJ MIN JUN 06 - Laserfiche WebLink

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Councilmember Beltran asked if this would be a permanent employee or contract. Director Clarke said this would be a permanent employee. Moved by Councilmember Cook, seconded by Councilmember Sandoval, to tentatively approve the Electric Utility budget. Councilmember Sanders asked what the increase was attributed to that is reflect on Page 103, Professional Services. Director Clarke replied that is due to the design work that is being done for the west side and that part of that would be covered under the bond sale but since that has not occurred it has been covered by this account. Mayor Fulp stated that it there appears to be a $3.1 million increase in purchased power; he asked for clarification. Director Clarke said it was actually a decrease. He explained that the $13.5 million shown in the estimated actual is short by approximately two months billing and that he estimates the purchased power to be about $16 million. Mayor Fulp asked if the electric user increase of 3.5% in July of 1994 and the increase of 3.5% in July assured the revenue for purchased power cost. Director Clarke responded "yes" and that a cash flow analysis was recently done to make sure that what had been projected and implemented as part of the rate increase actually did cover purchased power. Motion to tentatively approve the Electric Utility budget carried. Mayor Fulp and Councilmember Bennett voting "no". City Manager Martinez reported that at the very first budget session, Brenda Ridens, Accountant, standing in for Director Vega, reported that the revenues were flat and on the implementation of the Utility Users Tax. City Manager Martinez said that staff is making the assumption that Council has reviewed the revenues. He said should Council wish, they could be reviewed once again; otherwise, the presentation of the budget process is complete. Council discussed the next budget session of the Council scheduled for June 8, 1995. Moved by Councilmember Sandoval, seconded by Councilmember Hutton, to forgo the June 8, 1995 budget session and to schedule the budget for approval at the June 20, 1995 Council Meeting. City Manager Martinez stated that the Council received the revised figures for the Water and Wastewater with the exception of any capital improvements. Director Vega stated that all summaries and changes to revenues will be submitted with the Council material for the June 20, 1995 Meeting. She stated the capital improvement budget is for those programs that are ongoing and that it was her 4 JU;� �; -� 1995