HomeMy WebLinkAbout05/29/07247
MAY 29, 2007
At a Called Meeting of the Board of Commissioners, held on Monday, May 29, 2007, at
5:30 p.m., Mayor Paxton presided, and upon call of the roll by the City Clerk, the
following answered to their names: Commissioners Coleman, Kaler, Smith, Watkins and
Mayor Paxton (5).
PRESENTATION
VALUE OF SENIOR VOLUNTEER TIME DONATED TO COMMUNITY
Al Knudsen, Director of RSVP, presented a mock check to the Board showing how much
the volunteers time is worth. From May 1, 2006 through April 30, 2007, there were 281
active volunteers who gave 48,815 hours of their time to the community. The State
values volunteer time at $15.58 per hour. The mock check presented was in the amount
of $760,537.70.
WORKSHOP
PRESENT PROPOSED FY2007-2008 BUDGET DOCUMENT
City Manager, Jim Zumwalt, gave an overview of the City's finances for FY2008. A
copy of the Manager's Budget Letter is in the minute file.
Brief summary is as follows:
1St Division -Executive Summary of the Letter
2nd Division -Strategic Plan set by Commission during Commission Advance
3rd Division -Overview of Paducah's Finances
General Fund - $29.5 million
Total Expenditures & Fund Transfers - $48,422,065
less Inter Fund Transfers in the amount of $9,077,515.
Gives a Total Budget for "All Funds" Budget - $39,344,550
Note: Payroll tax is the City's biggest source of revenue.
A little less than 72% of the budget goes for personnel expenses.
4th Division-FY2008 Budget Decisions
This includes:
General Fund Operating Budget Decision Items
General Fund Capital Decision items to be Budgeted from Fund Balance
Investment Fund Decision Items
Note: These tools will be used for the Commission budget decision workshop to
be held on June 1.
The State has notified the City it will have to increase its' contribution for CERS
20% for police and fire employees and 23% for all general employees.
City Manager's recommendation is to defer the decision about general fund capital
to August or early September.
Investment Fund — Approximately $2.9 million will be available for expenditure
Decisions to be made on Thursday:
• What to do about commission contingency?
• Investment Fund Decisions (Staff Priorities)
• Property Tax Reduction
• Wage Tax Extension
• Solid Waste
• Purchase of Fire Trucks
5th Division -Acknowledgment
CITY MANAGER REPORT
Thursday, May 31, will be the Budget Advance.
Request to cancel the June 5th Commission meeting.
Calendar Items
Request Executive Session to discuss IAFF Negotiations
248
MAY 29, 2007
COMMISSIONER COMMENTS
Commissioner Coleman: Contacted by the resident living behind property at the corner
of North 21St and Park Avenue. He does not own the property but has been cleaning it for
several years. He can no longer continue to maintain this property and wants to know if
the City can do anything?
EXECUTIVE SESSION
Commissioner Kaler offered motion, seconded by Commissioner Coleman, that the
Board go into closed session for discussion of matters pertaining to the following topics:
Collective bargaining with public employees, as permitted by KRS 61.810(1)(e).
Adopted on call of the roll, yeas, Commissioners Coleman, Kaler, Smith, Watkins and
Mayor Paxton (5).
Upon motion the meeting adjourned.
ADOPTED: June 26 , 2007
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Mayor