1988 JUN 14 ADJ MIN - Laserfiche WebLink

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k ADJOURNED COUNCIL MEETING June 14, 1988 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: Council Members present were Rios, Cisneros, Garcia,* and Mayor Gonzales. Also present were City Manager Benest, City Attorney Edwards, City Clerk Ramos, Assistant City Manager Keane, and Fiscal Services Manager Young. *Council Member Garcia arrived at 6:25 p.m. Council - member Rehrer was absent due to illness. BUDGET SESSION: Budget Message - City Manager Benest presented his budget message, and addressed the following issues: .Public Safety .Maintenance of Infrastructure .Developmental Services .Human Services Programming .Historic Preservation .Major Capital Improvement Projects Overview of City Revenues and Total Expenditure - Fiscal Services Manager Jerry Young, reported on Revenue Estimates, saying that for Fiscal Year 1988-89, a six year historical model was used in projecting future revenues. Mr. Young discussed four primary funds: (1) General Fund. (2) Special Revenue Funds. (3) Capital Projects Funds. (4) Enterprise Funds. In conclusion, Mr. Young stated inclusion of the Revenue Estimates for fiscal year 1988-89, along with prior year surpluses, provide for a balanced and financially sound budget plan. Assistant City Manager Keane reported on the Expenditures. Ms. Keane stated the proposed Fiscal Year 1988-89 Budget is balanced at $36.94 million and $11.59 million on hand. Ms. Keane summarized the expenditures as follows: .Salaries & Wages - $9,725,134. This includes 28 additional positions. .Fringe Benefits - $32458,601 .Maintenance & Operation - $1831474,751 .Capital Improvements - $511091375 .Capital Outlay - $4749022 .Costs Allocations - $-1649694 1