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Chairman Heitman noted a minor modification he has made to Section 3.02.03 <br />of the charter draft. He has added the word 'meetings" to the title. <br /> <br />COMMISSION BUSINESS <br /> <br />Case ~1: Discussion Of Chapter 7 Entitled Taxation and Finances: <br /> <br />Commissioner Greenberg stated that he has discussed Chapter 7 with City Accountant <br />Moen and he would like to discuss the following points of concern: <br /> <br />a) <br /> <br />Section 7.04.01 - Second sentence - 'provide complete financial plan' - <br />Including all funds would make annual financial statement more complicated <br />and increase the cost of audits and producing financial statements. <br /> <br />Lengthy discussion ensued. Chairman Heitman noted that the section also <br />says: 'shall be in such form as Council may require' Council will <br />most l~kely take the accountant's advice as to the form required. <br />Commissioner Sieber stated that trust funds belong to the City and should <br />be recorded. <br /> <br />Motion by Commissioner Sieber and seconded by Commissioner Bauerkemper <br />to adopt Section 7.04.01 as is. <br /> <br />Further Discussion: Commissioner Data stated that City Accountant might <br />be concerned that this section is 'mast in stone' -- you modify your plan <br />as needed to satisfy circumstances that are occurring. Commissioner Sieber <br />stated that the City Accountant needs to understand that a plan is just a <br />plan. Chairman Heitman stated that Commissioner Gamec has said 'it is <br />only a guideline'; this Commission is not requiring any more than is <br />realistically possible. Commissioner Sieber stated that the people want <br />to know what the City plans to do with monies it has and~money it might <br />get. Commissioner Gamec stated that you cannot necessarily plan a trust <br />fund unless there is already a contract set up for it. Commissioner <br />Titterud suggested deleting the phrase 'as required by State law or this <br />charter' from the section. Commissioner Sieber and Chairman Heitman <br />reiterated that the format has not been specified in this section. <br />Commissioner Bauerkemper stated that unforeseen trust fund items will be <br />included in the following year's report. Commissioner Lichter stated <br />that as a member of the Park Commission, it would be very helpful to <br />see what the projections are for the Park fund. Commissioner Greenberg <br />noted that the City Accountant will be reviewing this issue further with <br />Evenson/Dodge and might come back to the Charter Commission with more <br />input. <br /> <br />Motion carried. Voting Yes: Chairman Heitman, Commissioners Gamec, <br />Bauerkemper, Data, Lichter, Sieber and Greenberg. Voting No: Commissioner <br />Titterud. ~bsent: Commissioner Buchanan. <br /> <br />b) Sections 7.05.04 and 7.05.03 - Should be combined because they are asking <br /> for the same thing. <br /> <br />Commissioner Lichter disagreed; Revenue program is source of revenue <br />and capital program is expenditure of revenue. <br /> <br />Chairman Heitman stated that the charter does not specify two separate <br />reports. <br /> <br />CC/December 8, 1983 <br /> Page 3 of 8 <br /> <br /> <br />