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City of Tigard Budget Committee - 04/21/1987 TIGHRD BUDGET COMMITTEE MEETING April 21^ 1987 - 7:00 PM Town Hall Conference Room Roll Call: Budget Committee Members present: Tom Brian, Judy Christensen, _ Carolyn Eadon, Gerry Edwards, Valerie Johnson, Susan Mueller, Joyce Patten, John Schwartz. ' Staff Members present: Bob Jean, City Administrator, Jill Munley, Community Services Director, and Wayne Lowry, Finance Directnr, Judy Christensen opened the meeting at 7:05 PM. Roll call was taken. Opportunity for public comment was offered, however, no comments were mado. The minutes from the January 27, 1087 meeting were reviewed and signed by the Chairman and were received and filed . Bob Jean presented an overview of the draft of the 5-Year Plan which was revised to include the recent South Metzger Annexation. He explained that the proposed budget and the revised 5-Year Plan fit together but emphasized that the 5-Year Plan was still in draft form and would be further refined. Bob commented that two major problems are evident in the 5-Year Plan: (1) the loss of County gas tax revenue; and (2) funding for Capital Improvement Projects , Bob covered Table 1 . 1, the Revenue/Expenditure Summary and explained the significance of the General Fund Reserve carryovers into each year. Table 1 .2 Staffing and Service Level Summary was covered . Questions were asked about population figures . Bob explained that projected increases in population were due to growth and annexations, and that more detail could be provided . Bob explained the 5-Year Plan assumptions in Table 1 .3 . He described the phase in of tax rates for a portion of the annexed area net forth in a preannexation agreement. Bob explained that in order to maintain a reasonable tax rate, we proposed a decrease in the bond debt levy and the inclusion of other resources in the debt service fund . Bob wrapped up the discussed of the 5-Year Plan by covering Table 2. 1 Revenue Summary, Table 2 .2 Revenue Detail, Table 3 . 1 Expenditure Summary, and Table 3 .2 Expenditure Detail . The Committee took a break between 8: 10 and 8:20. Bob proceeded with the budget message, Gerry Edwards left at this point. Bob completed his review of the budget message and the following miscellaneous schedules in the budget document. Wayne Lowry presented an overview of Revenues and Expenditureo . He explained , the layout of the budget document and where Revenue and Expenditure oummarV pages and detail pages could be fnund . Wayne covered all fund revenues and highlighted certain revenue accounts . _ Wayne covered expenditures generally but noted that expenditure details would be covered by department and program in detail at the April 27-and May 5 meetings. '«�~ / /- BUDGET COMMITTEE MINUTES - APRIL 21, 1987 - PACE 1 . ^ TIGARD BUDGET COMMITTEE MINUTES April 21, 1087 Page 2 Bob concluded the budget discussion by bringing to the attention of the Budget Committee that the tax rate required by the requested budget which was what ` department heads felt they needed to provide Level III service was $2. 72/$1000. The proposed budget, however, required $2.02/$1000. Judy opened the hearing on the use of State and Federal Revenue Sharing. The hearing was continued to April 28, 1087. Judy asked for discussion of other business. There were no comments . Jill Monley explained the budget calendar for the remainder of the budget cycle as shown on the agenda for April 21, 1087. The meeting was recessed until 7:00 PM, April 28, 1987. Approved this u� day of , 1y87. NOW / / ensen, Committee Chair, i ' ° WL:on/1423F BUDGET COMMITTEE MINUTES — APRIL 21, 1987 — PACE 2