08-14-2002 City Council Study Session PacketCity of Grand Island
Wednesday, August 14, 2002
Budget Work Session Packet
City Council:Mayor:
Ken Gnadt
City Administrator:
Marlan Ferguson
City Clerk:
RaNae Edwards
W
e
5:30:00 PM
Council Chambers - City Hall
100 East First Street
Joyce Haase
Margaret Hornady
Gale Larson
Glen Murray
Jackie Pielstick
Larry Seifert
Robert Sorensen
Scott Walker
Tom Ward
Fred Whitesides
City of Grand Island City Council
Call to Order
Pledge of Allegiance
Roll Call
A - SUBMITTAL OF REQUESTS FOR FUTURE ITEMS
Individuals who have appropriate items for City Council consideration should complete the Request for Future
Agenda Items form located at the Information Booth. If the issue can be handled administratively without Council
action, notification will be provided. If the item is scheduled for a meeting or study session, notification of the date
will be given.
B - RESERVE TIME TO SPEAK ON AGENDA ITEMS
This is an opportunity for individuals wishing to provide input on any of tonight's agenda items to reserve time to
speak. Please come forward, state your name and address, and the Agenda topic on which you will be speaking.
City of Grand Island City Council
Item -
Review of Proposed FY2002-2003 Annual Budget
Wednesday, August 14, 2002
Budget Work Session
City of Grand Island
Staff Contact: Marlan Ferguson
City of Grand Island City Council
DATE: July 31, 2002
TO: The Honorable Mayor and City Council
FROM: Marlan Ferguson, City Administrator
RE: Schedule for Budget Work Sessions
The Budget Hearing for the Fiscal Year 2002-2003 Proposed Budget will be held at the
special City Council meeting on Monday August 12, 2002. Development of this year’s
budget began with the Council Retreat in February followed by many discussions with
the Department Directors. The Council then began reviewing the proposed budget on
July 16th, 2002, with the outside agency review and discussion and review of the General
Fund Capital Projects, and the Capital Improvement Fund (Fund 400).
We have included an addendum to the draft of the Budget Document to add some items
that were left out or the numbers changed after they went to the printer, including
proposed changes from the Council. I would encourage you to spend a good deal of your
time in the General Fund section, specifically on the General Fund Appropriation
Summary which breaks down each department into Personnel Services, Operating
Expenses and Capital Outlay.
In June 1999, the Government Accounting Standards Boards (GASB) issued
Pronouncement Number 34 known as GASB 34. This has caused some major changes in
the financial reporting, which we will need to review as part of the budget process.
Below is a proposed schedule for the presentation of the budget and the subsequent
budget workshops. Note we will begin with the Public Hearing at 5:30.
Monday, August 12, 2002 – 5:30 p.m.
1. Opening Comments
2. Budget Overview
a. GASB 34
b. Current Lid Computations
c. Mill Levy/Property Tax Asking
d. Revenue/Expenditure Analysis
e. Operating Cash Analysis
f. General Fund Summary
3. Public Works
4. Parks and Recreation
5. Fire Services/Emergency Medical Services
6. Police Department General Fund
Tuesday August 13, 2002 – Following the Regular Council Meeting
1. Utilities
2. Other Departments
Wednesday, August 14, 20021 – 5:30 p.m.
1. Departmental Reviews as Requested
2. Review Changes and Finalize
As was the case last year, we do not anticipate a line item process, but rather a focus on
major budgetary changes, revenues, capital and bonding issues.
If, after review of the budget document, there are specific departmental questions, please
provide a listing of those questions and we will attempt to ha ve the answers to your prior
to the work sessions.
Marlan V. Ferguson, City Administrator
MVF:cb