05/19/2009 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 5/19/2009 administration and Finance Director have advised Council that they are keeping a close eye on these things and they will be formulating a method to address this now as opposed to any time in the future.. Recreation revenues are slightly ahead of the prior year and plan that was implemented at the beginning of the year. Expenditures for the Recreation Fund were 3.24% over the prior year, and yet they are only 23.6% of the budget. HoteUMotel tax revenues were below plan by 6.2%, which is 18.8% of the plan. Expenditures are less than the prior year because, as was reported previously, there were no police vehicles purchased in this year. Street Maintenance, Motor Vehicle License Tax revenues for the first quarter are nearly 5% below receipts from the prior year and 1% below what was originally envisioned at the beginning of the year. Springvale Golf Course Fund revenues are 77% higher than last year, primarily because of the ballroom. The ballroom has done very well. The golf course is doing well under these circumstances. Hospitalization Fund estimated resources are 21.8% of the plan with three months of employer transfers and employee contributions. This would be normally 25% since it's the first quarter. Workers' Compensation Fund, as was reported, is doing well. Some numbers and general ideas were laid out on what could happen with the loss of the 10% reduction in overall real estate valuation which was announced recently. There could be some significant hits to the General Fund and to the total Pension Fund, Rec Fund, and Bond Retirement Fund could see some significant decreases. If you added them all up, this city could be looking at a million dollar shortfall. From the General Fund, $450,000 was included in that $2 million potential shortfall. We have our work cut out for us-it's going to be a long year. We received some bad news recently with Great Northern Dodge, we've got Saab to worry about, we've got Saturn we have to worry about. We need to be proactive and reach out to our partners in the retail community to do whatever we can to help them in this difficult time. Ward II Councilman Barker noted that gypsy moth spraying had taken place in his ward very early this past Sunday morning. He thanks the administration, specifically the Service Director, for addressing this situation. There were no calls from residents in that area because notice was provided. Mayor O'Grady agreed with Councilman Gareau's comments about being proactive about the businesses and noted that was taking place. The administration has been very supportive in the efforts of the car dealerships. Additionally, we have been working through our Planning Director and Planning Dept. to make sure that we are as supportive as we can be of various projects such as streetscapes and banners such as those around the high school. The city has been working closely both with the North Olmsted High School art program and the car dealers to see if we can do something more in that regard. Some good things are underway. Councilman Kearney, chairperson of the Public Safety, Health & Welfare Committee: 1) The Public Safety, Health & Welfare Committee met May 12 from 7 p.m. to 7:12 p.m. Present were committee members Orlowski, Kearney, Mahoney; Council Members 5