10-24-2011 Council Minutes - Laserfiche WebLink

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MINUTES OF THE ORONO CITY COUNCIL MEETING Monday, October 24, 2011 7:00 o'clock p.m. • 16. YEAR -TO -DATE GENERAL FUND BUDGET INFORMATION Olson noted the City is at 75 percent of the year and revenues are currently at 61.7 percent of budget. When the timing of property tax payments is accounted for, the City is at 79 percent of budget. Expenditures are currently at 72.1 percent of budget. Olson noted the City got a very late start with the golf course this year due to the weather and as a result the golf course is significantly under budget. Olson stated he anticipates that the budget should be right around 100 percent of its budgeted overall revenue by the end of the year. As it relates to expenditures, engineering will be at 100 percent of budgeted levels. The City has been over budget for engineering in the past. The golf course is also estimated to be pretty much at 100 percent of expenditures. The golf course has a number of costs that are static, such as electricity, maintenance, and employees. The mayor and council budget item for 2011 did not include the correct amount of dues for the League of MN Cities membership, which has been corrected for 2012. Law and legal services is over budget due to ongoing litigation and code enforcement issues. Olson stated the special services item are the pass - through engineering and legal bills. Along with the • building permit revenue increases, there has been more activity for engineering and legal services. That item is over budget on the expenditure side and $8,000 over on the revenue side. The City will also be over budget at the end of the year on parks by approximately $9,000. $7,200 of that is related to Big Island Park because installation of the dock was not budgeted for in 2011. There was also a huge tree that fell that had to be removed at a cost of $2,000. Olson stated overall the general fund budget will come in under budget for the year. In December Staff will be able to provide the Council with budget amendments and the over budget items will be paid for out of the contingency fund. Olson stated he does not anticipate the Council will deplete the contingency fund. The City Council took no formal action on this item. 17. DISPOSAL OF BICYCLES Printup asked whether the City can just donate the bikes rather than sending them out to K -Bid. Printup commented he is sure K -Bid receives a fee for placing them on auction. Mattick asked what organization Council Member Printup is contemplating donating the bikes to. Printup indicated he does not have a specific organization in mind at this time. Mattick stated the Council may run into problems once they start donating items or money to certain • causes. Mattick noted the City has limited ability to donate to private organizations. Page 18 of 19