13 City Council (07/14/03) - Laserfiche WebLink

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Regular City Council Meeting July 14,2003 Page 32 provided by various bond issues. There is a Water and Wastewater issue from 2000 that the city has $5,384,933.00 in with projections on going. Mr. Anderson said the Tax and Revenue 2000 Series Construction Bond fund has a current balance of $3,232,447.00 and there is the Certificate of Obligations 2002 Series, the Police and Court Building Project, which has a current balance of $4,558,762.00. Mr. Anderson advise that if the City Council wanted to look at that at a later time, he has given the exact information for the previous so they could do a comparison from year to year. Mr. Anderson said he pointed out the key revenues, budget verses actual, for both this year and the prior year on the second page of the report. Mr. Anderson said the third page, he has the budget versus the actual on the expenditure side for each of the city departments. He listed the year-to-date actual and the percent expended as of June 30, 2003, and the previous year. Mr. Anderson said the final pages shows how many people have been hired, fired, and are currently employed as previously requested by Councilman McCarthy. Kent Klinkerman, EMS Administrator, came forward and presented the second quarter report for the Emergency Medical Service and gave the City Council a handout showing that the projected nine month cash credits was supposed to be one million fifty thousand dollars and they have exceeded that by $208,050.00, which is an increase of 19.8%. He said the expenses were supposed to be $1,235,249.00 and they exceeded that by $131,700.00 or about 10.7% over the projected budget. He said the top box of the handout shows that the increased revenue exceed the increased expenses by $76,349.80. Mr. Napier came forward advising that in November they had received a preliminary report of the Lost Water Study and since then they have been making repairs based on the report. The report shows that approximately 4.5