HomeMy WebLinkAboutCity Council Meeting - Council Workshop - Minutes - 10/15/1996 Kent, Washington
October 15, 1996
A workshop on the 1997 Preliminary Budget was held at 5: 30 p.m.
Councilmembers present: Clark, Epperly, Orr, Houser, Woods and
Johnson.
Council President Houser called the meeting to order. Mayor
White outlined the progress of 1996 Target Issues and discussed
the City's financial stability. He noted that the budget as
submitted is balanced, and encouraged Councilmembers to contact
him with any questions or suggestions.
Finance Director Miller distributed copies of the 1997 Prelimi-
nary Budget and summarized each section. She said it has been a
challenge to balance the budget because of legislation on tax
roll-backs. She commended the departments for keeping requests
to a minimum, and noted that changes may still have to be made.
Miller then reviewed the budget calendar and explained the
Combined Operating Statement and the 1996/97 Budget Comparison.
She discussed the property tax allocation, the sales tax
allocation, program changes and positions. She noted that the
cash reserve is being increased, and mentioned that the budget
document contains information on debts, bond capacity, capital
projects, and various funds. She discussed revenues and
expenditures as shown on page 2 , the Capital Improvement Fund as
shown on page 123 , and the Revenue Analysis on pages 4-8 .
Miller stated that this is a good, conservation budget, and
offered to answer questions from Council at any time. There were
no questions, and the meeting adjourned at 6:20 p.m.
Brenda Ja ber CMC
City Cler