1991 OCT 24 ADJ MIN - Laserfiche WebLink

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ADJOURNED CITY COUNCIL MEETING October 24, 1991 In accordance with notice duly and legally given, an Adjourned Regular Meeting of the City Council of the City of Colton was held on the above given date, at 5:30 p.m., in the Council Chambers of City Hall, Mayor Gonzales presiding. ROLL CALL: Councilmembers present were Roman, Cisneros, Rehrer, Lofy, and Mayor Gonzales. Also present were City Manager Stratton, Finance Director Acevedo and City Clerk Ramos. BUDGET: City Manager Stratton reported at the first budget review, staff reported that the proposed budget contained a 3.5 million deficit. Staff recommended borrowing 2.5 million dollars from the Sewer Development Fund, leaving a deficit of $471,000 to be funded for a balanced budget. Mr. Richard Acevedo, Finance Director, made several proposals for balancing the budget. Mrs. Stratton reviewed the process used to balance the budget, saying the total available after making up the Negative Fund Balance is $15,017,200; the Proposed Spending for Fiscal Year 1991-92 is $19,098,700. It is proposed not to pay the self-insurance premium for a reduction of $81,500 and a 10% employee vacancy savings of $1,500,00; leaving a 2.5 million dollar deficit. The 2.5 million is proposed to be borrowed from the Sewer Development Fund will balance the budget. City Manager Stratton reviewed the General Fund Department Totals, which reflect either a plus or minus from fiscal year 1990-91. City Manager Stratton stated the proposed budget contains no money for salary increases, no money for emergencies or contingencies, contains no new positions: one vacant position in the Park Maintenance Division and three in the Fire Department have been upgraded; two part-time permanent positions in the Building Maintenance Division have been traded for one full time position and assumes that the City will not fill vacant positions as they occur. City Manager Stratton stated the only additions to the budget since the first review are some travel monies for the Planning Commission and the Parks and Recreation Commissions. City Manager Stratton said upon City Council direction, she will proceed to prepare the Budget Resolutions for formal adoption of the Budget at the November 5, 1991, City Council Meeting. Moved by Councilmember Cisneros, seconded by Councilmember Lofy to instruct the City Manager to prepare the resolutions for adoption of the budget as presented. Unanimous vote. Councilmember Lofy stated he would like to clarify the direction given to the City Manager by the City Council and also to state his concurrence 1 OCT 2 4 1991