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May 24, 2016 — Meeting Minutes
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05-24-16 BOA Minutes May 24, 2016 Page 1 of 5
THE CITY OF CLAYTON
Board of Aldermen City Hall – 10 N. Bemiston Avenue May 24, 2016 7:00 p.m. Minutes
Mayor Sanger called the meeting to order and requested a roll call. The following individuals were in attendance:
Aldermen: Cynthia Garnholz, Joanne Boulton, Alex Berger III, Rich Lintz, and Ira Berkowitz. Mayor Sanger City Manager Owens City Attorney O’Keefe
Absent: Mark Winings
Alderman Boulton moved to approve the May 10, 2016 minutes. Alderman Garnholz seconded. The motion to approve the minutes passed unanimously on a voice vote. Alderman Boulton moved to approve the May 20, 2016 minutes. Alderman Garnholz seconded. The motion to approve the minutes passed unanimously on a voice vote. PUBLIC REQUESTS AND PETITIONS
None
AN ORDINANCE TO CONSIDER APPROVING THE 2ND QUARTER AMENDMENT TO THE FISCAL YEAR 2016 BUDGET
City Manager Owens reported that the City of Clayton reviews and makes adjustments to its budgeted revenues and expenditures on a quarterly basis to respond to changes as the fiscal year progresses and to update the Board regarding budgetary issues. As part of the quarterly budget review, staff is presenting for your consideration the second amendment to the Fiscal Year 2016 (FY16) budget. This amendment consists of various aspects, including reducing revenue where projections are trending less, and reducing expenditures where projected savings has, or will, occur. The adjustment for HVAC work in the Fire Department is no longer included in this amendment. This amendment maintains a surplus in the General Fund.
The adjustment for HVAC work in the Fire Department is no longer included in this amendment. This amendment maintains a surplus in the General Fund. As a reminder, the 2nd Quarter Financial Report will be on the next meeting’s agenda. The proposed amendment is summarized in a report provided previously to the Board as part of the agenda packet. In response to Mayor Sanger’s question regarding the balanced General Fund and if the numbers would change it to the negative, to the positive, or is it right where it’s supposed to be, Betty Luebke confirmed that the city is still in a surplus situation.
05-24-16 BOA Minutes May 24, 2016 Page 2 of 5
City Manager Owens pointed out that Alderman Berger raised the question about the Financial Institutions’ fee and explained that this is a tax levied on financial institutions within the State of Missouri. The tax rate is 7% of net income, although certain institutions are subject to additional taxes on assets or dividends paid. Alderman Berger expressed appreciation that the parking meter revenue rate change from $1.00 per hour to $1.50 to match the rate of the City of St. Louis is listed in the budget as a result of previous budget discussion. Alderman Garnholz introduced Bill No. 6554, an ordinance to approve the 2nd Quarter Budget amendment read for the first time by title only. Alderman Boulton seconded. City Attorney O’Keefe reads Bill No. 6554, an Ordinance Amending the Fiscal Year 2016 Budget and Appropriating Funds Pursuant Thereto for the first time by title only. The motion passed unanimously on a voice vote. Alderman Garnholz moved that the Board give unanimous consent to consideration for adoption of Bill No. 6554 on the day of its introduction. Alderman Boulton seconded. The motion passed unanimously on a voice vote. Alderman Garnholz introduced Bill No. 6554, an ordinance to approve the 2nd Quarter Budget amendment to be read for the second time by title only. Alderman Boulton seconded. City Attorney O’Keefe reads Bill No. 6554, an Ordinance Amending the Fiscal Year 2016 Budget and Appropriating Funds Pursuant Thereto for the first time by title only.