CCMinutes - 06/28/04 Mtg - Laserfiche WebLink

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Ms. Murdoch provided an overview of the proposed supplemental budget, as written on page 70 of the Agenda Item Summary (ALS). Councilor Bettman called for questions and comments. Councilor Taylor noted that $50,000 was allocated for a transportation study for the relocation of the hospital and asked why this was not being taken from the $500,000 that had been set aside in a hospital siting reserve. Mr. Taylor responded that it had been recommended that the $500,000 not be diluted by parsing it out on a number of studies. Councilor Taylor expressed reservations about spending money on a study for a site that had yet to be decided upon. Councilor Pap~ asked Ms. Murdoch to explain the reserve for encumbrances. Ms. Murdoch responded that this was part of the carryover process in which funds were moved from one fiscal year to the next to pay for goods that were purchased but not yet paid for at year-end. She stressed that the items shown in the transaction summary were for goods ordered in fiscal year (FY) 2003 and paid for in FY04. In response to a question from Councilor Pap~, Ms. Murdoch explained that the balance available would become zero after the $1.356 million was pulled from the Risk Benefits fund. Councilor Bettman opened the public hearing. Charles Biggs, 540 Antelope Way, asserted that the proposed hospital would take 30 to 50 years to pay the City back for street improvements. Mr. Biggs alleged the City was selling the Sears building at a loss. He felt this would lead to less money to work with in the future. Mr. Biggs noted that the Capital Improvement Plan (CIP) listed an item in the parks section which, at a cost of $5 million, would build a community park on Kinney Loop. He opined there were enough sports parks in that area already. Councilor Bettman, seeing no others who wished to testify, closed the public hearing. Councilor Kelly asked that the final hospital financial package include what property tax increment revenue and other revenue sources would be realized from its development. City Manager Taylor assured him it would. Councilor Kelly requested a memorandum on the dramatic increases in risk expenditures. City Manager Taylor thought this would be a useful work session related to the long-term strategy of how to manage the risk benefits for all of the employees. Councilor Poling, seconded by Councilor Nathanson, moved to adopt Resolution 4796 adopting a Supplemental Budget; making appropriations for the City of Eugene for the Fiscal Year beginning July 1, 2003, and end- ing June 30, 2004. Councilor Pap~ agreed a work session on risk analysis would be beneficial. He recommended staff provide projected and actual costs of benefits.