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LRRWMO Meeting Minutes <br />June 23, 1993 <br />Page 2 <br />Agreement as updated by Consulting Attorney Curtis Pearson, <br />for which he will bill the organization. <br />Knutson stated the savings has been .the cut back in engineer- <br />ing expenses because the Consulting Engineer does not regu- <br />larly, if at all, attend the monthly meetings. He went an to <br />explain the City of Ramsey has recommended its membership <br />dues be reduced for the second half 1993. The letter <br />received from Ramsey was referenced by Knutson. Jankowski <br />explained that Ramsey wants to pay no more than last year's <br />total membership dues; therefore, the second half payment <br />would equal the difference between lasts year's total dues <br />and what has already been paid for the first half year of <br />1993. <br />Jankowski concluded that, basically, if we reduce everything <br />across the board equally relative to the reduction preferred <br />by Ramsey, there would be a $4,000 reduction to second half <br />1993 membership dues. He noted there is $19,000 in reserve. <br />Knutson stated the major expenditure in the future would be <br />attorney bills. Jankowski explained that Ramsey's position <br />was the LRRWMO should not have a big fund balance just for <br />the sake of having a big fund balance. <br />Knutson suggested two possibilities: Either no dues are <br />drawn from member cities next year or there be no increase in <br />1994. That way member cities will not have to levy taxes. <br />Weaver stated budgets are already allocated for the current <br />year, and the second half dues are not causing unexpected <br />stress on the cities' budgets. He cautioned about reducing <br />second half 1993 membership dues in the possible event of <br />incurring. heavy expenses for enacting imposed laws. Weaver <br />felt the board would be better off considering the reduction <br />of the cities' load for the 1994 budget rather than reducing <br />1993 allocations. He suggested the board could address any <br />excessive reserve amounts by reducing the budget amount for <br />1994, but even then only after hearing from the Consulting <br />Engineer and Attorney regarding any upcoming laws and/or <br />regulations which might financially impact this water <br />management organization. <br />Jankowski indicated with the full second half 1993 payments, <br />we will have an additional $7,000 coming in on top of the <br />$19,000 we have, giving us $26,000. He felt confident this <br />board would not spend that amount of money in seven months. <br />Ferguson added he felt it important to retain a sufficient <br />reserve for contingencies. Jankowski concurred, stating one <br />