[0:02] sheets. Bring all budget sheets.

[0:07] We'll call the meeting to order. And uh

[0:10] this is a meeting to discuss the 2027

[0:14] fiscal year budget.

[0:16] Uh that's really the first thing on the

[0:19] agenda. So, uh we need the mayor in here

[0:22] to really start us off to answer a lot

[0:25] of the questions. Mike, you had a lot of

[0:27] great questions.

[0:29] appreciate that. I

[0:30] >> had a lot of questions. I don't know how

[0:31] great they were.

[0:32] >> And he gave you he gave you some

[0:33] >> he gave me some answers.

[0:36] >> So, did you have a chance to read those?

[0:39] >> Yeah, I saw all the questions and the

[0:41] responses. And

[0:44] >> so, I think your question about

[0:46] understanding the numbers,

[0:49] there's 600,000 here in the budget and

[0:52] we're going to spend it next year. We

[0:53] need to know where we spend it. We need

[0:55] to be clear on that.

[0:57] And if it it should be really no

[1:00] different than what we do at home with

[1:01] our budgets.

[1:02] >> We know where the money is and

[1:04] >> Well, it depends on your home.

[1:05] >> Yeah, some it should be different.

[1:09] >> Volume should be different for sure.

[1:11] >> But our our responsibility is to vet,

[1:14] you know, that's what we're here for as

[1:15] a committee is to vet the finances in

[1:18] the city.

[1:20] >> That's what that's what this mayor and

[1:22] the city council has asked us to do as a

[1:25] committee. What do you mean by that to

[1:27] bet?

[1:27] >> Well, so if if we're going to spend

[1:30] money on a fire truck,

[1:33] making sure that we're getting the best

[1:35] possible

[1:37] >> deal that we can possibly

[1:42] » making sure it's not patting somebody's

[1:43] pocket out there or something like that,

[1:46] >> that it's fair and equitable for for

[1:48] what we're trying to accomplish as a

[1:50] city. So,

[1:52] >> okay. So,

[1:54] >> Mike, are you on the finance committee

[1:56] now? I don't I don't even know. Okay.

[1:58] And this is your first meeting? Second

[1:59] meeting.

[2:00] >> Okay.

[2:01] >> I'm sorry. Mike's a member. And then we

[2:04] have Tim Larson on the committee. And

[2:06] then, of course, Janet Lunt.

[2:08] >> Okay.

[2:09] >> Janet is the um

[2:13] council.

[2:14] >> Thank you, sir. Very much presents us

[2:15] here on the committee.

[2:17] >> Okay. Our responsibility is to try to

[2:19] bet the best we can on and look at the

[2:22] budgets and ask questions and see where

[2:26] we're at. There's another set of eyes

[2:29] looking at the budget process.

[2:47] is passing out our budget numbers right

[2:50] now.

[2:53] » And then this is your proposed budget

[2:55] for this next year.

[2:58] >> Yeah. And just a reminder that little numbers document is kind of what

[3:03] I've dubbed this the fixed costs, right?

[3:07] or those are the the numbers that are,

[3:11] you know, kind of obligated to pay those

[3:13] bills.

[3:13] >> Which ones?

[3:14] >> Um the the one with the smaller font.

[3:17] >> Okay.

[3:17] >> Um and that second page is is that

[3:20] second tab in my document, Lori. Um that

[3:23] is more on what I've dealt the variable

[3:25] cost, but things that the council

[3:27] basically needed to decide whether they

[3:29] wanted to continue to fund or not.

[3:36] Okay, let me see here.

[3:39] I can join this meeting.

[3:54] » So, Jody, where's Jod? Oh, Jod left.

[3:57] >> Yep.

[3:59] She has in her budget here 80,000 to

[4:02] replace the falling retaining walls. The

[4:05] fall is the wall falling down this year.

[4:09] >> Yeah. Mo different from what I called

[4:12] from the last meeting. There's different

[4:13] opinions about that.

[4:15] >> Uh we've gotten two Geoteex opinions and

[4:18] they both said we've got anywhere from 4

[4:21] to 10 years left.

[4:24] >> So that's not necessarily a very high

[4:26] item.

[4:29] It will be unfortunate.

[4:30] >> Can it be is it really going to cost

[4:32] $80,000 to redo the wall?

[4:35] >> Um that includes the engineering, the

[4:38] rock, and the stacking.

[4:40] So, we're going to look at uh the

[4:42] different uh options there, whether we

[4:45] go with the the stacked concrete blocks

[4:48] or whether we go with the

[4:50] more uniform blocking pin landscaping

[4:54] blocks or we go with rock wall. Rock is

[4:57] less likely because it's a harder

[4:59] engineering feed. Um we would also need

[5:02] to use geo grid. This may probably more

[5:04] information you want though, but for a

[5:06] rock wall to be stable in that way, we'd

[5:09] have to shoot the geog grid underneath

[5:11] the parking lot. We'd rather not have to

[5:13] rip the parking lot to create that wall.

[5:17] >> So, it gets a little fun.

[5:20] >> So, we would not reuse the boulders that

[5:22] are there.

[5:23] >> No,

[5:25] those are limestone. limestone have

[5:28] a terrible life expectancy

[5:31] um because the way they mine them in the

[5:34] beginning is they blast them out of the

[5:36] mountain side which creates the micro

[5:38] fractures and in our winters the water

[5:40] seeps into those freezes and that's why

[5:42] they all deteriorate.

[5:44] >> Can we sell them?

[5:46] >> Um we could sure try. I don't know if if

[5:50] they would survive very well the removal

[5:52] from this because that was the primary

[5:55] concern. Corbett had a lot of concerns

[5:57] because we'd pull in and there'd be a

[5:59] new hunk of rock at the bottom of the

[6:01] mountain and he was always concerned

[6:03] somebody would park and have it crush

[6:05] them or whatever. So,

[6:09] >> well, there's lots of people in Woodland

[6:11] Hills that if they could figure out how

[6:12] to move it would love to put it at the

[6:14] front of their driveway. Whether it to

[6:15] be to put their name and address on it

[6:18] or just a decorative piece or whatever,

[6:21] but the key is being able to move them.

[6:23] >> Well, our loader can move them, right?

[6:25] If somebody wants one or two, that'd be

[6:27] super easy for us to to get a rock. Um,

[6:31] but yeah, right now,

[6:34] >> we're years away from

[6:35] >> not on a this year's budget item, but we

[6:38] probably do need to start thinking about

[6:40] what is that replacement model and how

[6:42] do we get that savings built up. So, in

[6:44] a capital projects fund or something

[6:46] like that,

[6:47] >> we could be like kids and take them up

[6:49] by the water tanks and then roll them

[6:51] down the hill.

[6:54] >> Nice.

[6:54] >> Trust Aaron to think about that.

[6:58] >> I need to talk to you. I've got some uh

[7:00] ideas.

[7:01] >> Yeah. Don't Don't we have you in charge

[7:03] of Wooden Hill stays?

[7:04] >> Uh-huh. That's what we're going to do.

[7:06] >> Rollers rollers down the hill. I

[7:09] >> like this. This is good.

[7:14] Can I ask a quick question?

[7:15] >> Rough stone rolling

[7:18] on

[7:18] >> on the subject of replacements. I had

[7:20] asked a question. I didn't see an

[7:22] answer, Ben, about are we do we do we

[7:26] need to get competitive bids on any of

[7:27] these things that are in the budget.

[7:30] >> I probably didn't answer that because

[7:32] the answer is kind of complex. Um, it

[7:35] all depends on the threshold for the

[7:38] dollar amount.

[7:39] >> Okay. If it's a higher number, the

[7:42] answer is also no. If it's a state

[7:45] contracted

[7:46] uh contractor,

[7:48] um so the state has a database that we

[7:52] can use and thus we can that

[7:54] >> just hire somebody

[7:55] >> that omits the competitive

[7:58] >> requirement for the bid process.

[8:01] >> The most most of the time we do try to

[8:03] get bids. Would you agree with that,

[8:05] Lori?

[8:05] >> Yeah.

[8:06] >> Do you want to add anything there? No,

[8:08] we do have contracts with some vendors

[8:10] for certain things for a certain period

[8:12] of time, but usually we do get bids

[8:16] >> like when we do our paving project.

[8:17] We've done a lot of business with the

[8:19] asphalt companies, but we still get

[8:22] multiple bids.

[8:24] >> Yeah. For each project usually,

[8:27] >> but would we get multiple bids, for

[8:28] example, to replace the rock wall?

[8:30] >> Probably. Yeah.

[8:32] >> And the carpet and the painting. Um,

[8:35] >> it depends on how much they are. Yeah,

[8:37] >> I think it was Well, that's

[8:39] >> Yeah, painting probably not because I

[8:42] think what we'll actually do is use our

[8:45] employer employee to do the painting.

[8:48] So, we just buy the paint. Okay. Um

[8:51] >> we don't need to bid Lowe's versus Home

[8:53] Depot.

[8:54] >> Yeah. Or Sherman, right? And so it'll

[8:57] probably be whichever one I go to to buy

[9:02] said paint. And I'll probably look to

[9:04] see if I can't buy it on my company

[9:06] account. I don't receive a benefit at

[9:09] all. It just would be a price point if

[9:12] my account gets us a better rate than

[9:14] say Home Depot and I'd price all three.

[9:16] >> Does uh the city have any sort of

[9:18] governmental rates that they get from

[9:22] >> I don't know, but I'd look into that one

[9:23] as well. So,

[9:26] thank you.

[9:28] >> I know it's not the

[9:30] >> So, which sheet should we be looking at

[9:31] here?

[9:33] >> Well, I don't want to. This is your

[9:35] meeting.

[9:37] So, you tell me what you want to do.

[9:39] >> Well, I think just I just think we just

[9:41] need to go through

[9:43] the

[9:46] line items and

[9:49] see if there's any questions that we

[9:51] have as a a committee. Do we want to vet

[9:54] the variable stuff or the fixed stuff

[9:56] first? That's probably

[9:59] >> So, I've got a couple items here on this

[10:02] front page. You see here, I've kind of

[10:04] got my column here, finance committee

[10:05] review.

[10:07] >> So, there's a few things that I have

[10:09] done that the council has not yet even

[10:11] seen. Um, let me see if I can get rid of

[10:14] this.

[10:15] >> You talk about the ones highlighted.

[10:17] That's what you want to look at

[10:18] >> in blue. So just so you understand what

[10:22] I'm doing here. Um so this is so in the

[10:27] past the city has taken administrative

[10:29] wages and Lori I want you to interrupt

[10:31] me anytime that I say something

[10:33] inaccurate or you just won't take over.

[10:35] >> Okay.

[10:36] >> The show is yours. You know this better

[10:37] than I do.

[10:39] We have extrapolated

[10:42] say for instance Ted's wage in the past

[10:45] over four or five different departments

[10:49] so that we can account for where his

[10:53] >> funds are coming from. I've made the

[10:55] decision to simplify that and to help us

[10:59] be able to quickly see what exactly does

[11:02] TED cost the city for instance. Um, with

[11:06] this being fund accounting, me breaking

[11:10] out or Lori breaking out Ted's wage

[11:13] across multiple areas of the general

[11:15] fund doesn't make any sense because it's

[11:18] all the same pools of money for the most

[11:20] part. Okay. So, I've taken it and added

[11:23] all of Ted's wage from the general fund

[11:26] right here in 4141.100

[11:30] via admin salaries and wages. Okay. And

[11:35] you can see right here in my notes, this

[11:38] is 50% of Ted's current wage.

[11:42] What I'm wanting you guys to take a look

[11:45] at here is

[11:47] if

[11:48] as I've as I have spoken with other

[11:51] mayors across the county,

[11:54] what are they doing for a cost of living

[11:57] and performance increase each year?

[12:01] And it looks like the standard is a 2%

[12:04] cost of living which is guaranteed to

[12:06] all of their people

[12:09] with a 2% performance increase. So a

[12:12] total of a 4% increase if performance

[12:15] merits it. So with Ted I have done that

[12:19] here. So, he has a 2% cost increase and

[12:23] a 2% of performance increase, which

[12:26] would be an addition of 3,144

[12:30] on top of this 7,000 or 78,000.

[12:36] So, Ted's total wage would be

[12:41] what is that?

[12:42] >> 78* 2 * 1.04.

[12:44] >> Uh, yes. So, it's times it's not time.

[12:47] It's not. So down here, if we keep going

[12:51] to help answer that question you might

[12:54] be having, Michael,

[12:56] um down here

[12:57] >> 3144 twice was my question.

[13:00] >> Uh yes. So right here is

[13:03] >> the other 50%. Which is this is now

[13:06] coming out of the water fund.

[13:08] >> Um and so there and you see here that

[13:11] same 3,000.

[13:13] So this would be the increase to that

[13:16] number.

[13:18] And so when we finalize this budget

[13:20] process,

[13:22] that new number would sit right here.

[13:25] >> Okay.

[13:26] >> For that budget period,

[13:27] >> why are we concerned about breaking

[13:29] wages into various buckets in the first

[13:32] place as opposed to just having them all

[13:33] in the general fund?

[13:34] >> Good question.

[13:35] So water only can pay for

[13:39] water, right? That's the rules. So we

[13:42] cannot expend funds out of the water

[13:45] because it is a usage fund. So

[13:48] everything has to do with taxation.

[13:50] So we on the fund side of accounting

[13:53] here

[13:55] we bill everybody per usage for the

[13:58] water that they use and that goes into

[14:00] the enterprise fund. We cannot without

[14:03] serious uh legislation transfer money

[14:06] from the water fund into the general

[14:08] fund. It puts us at a high level of risk

[14:11] as well because we're not

[14:15] it's it's the it's not tax, but I'm

[14:17] going to use this for the sake of

[14:18] understanding. It's taxation without

[14:21] representation to a degree. Right? Is

[14:23] we're not all build at the same level

[14:26] for water because I may use more than

[14:28] you do.

[14:29] >> Just proportionate.

[14:30] >> Correct. And the churches

[14:32] >> we're build the same. We're build the

[14:34] same water rate.

[14:35] >> Correct. Yeah,

[14:37] >> just not the same quantity,

[14:39] >> right?

[14:39] >> And

[14:41] empty lots are build far less since they

[14:46] have zero usage, but they are still

[14:48] build.

[14:49] >> And that just that just came to be.

[14:52] >> Correct. That was just because of when

[14:55] we did the bond for the water

[14:57] replacement project. Um the first phase

[15:00] of it, we had to increase for all of us.

[15:03] We got that $75 fee or so. What is it?

[15:07] 75 $78 fee each month

[15:10] >> was to cover that bond payment and it

[15:13] had to be on our water bill because it

[15:14] was a water project,

[15:17] >> a vacant lot is build 309

[15:20] >> $39 a month. Um, and so the reason we

[15:25] break Ted's wage, for instance, and

[15:28] Lor's and Toby's is because they're working on

[15:35] water. And so we can pull some of the

[15:38] burden off of the general fund and put

[15:41] it into the enterprise water fund so

[15:44] that we have more taxes in the general

[15:46] fund to assist with other items. What

[15:49] level of rules are there regarding what

[15:52] percentage of their salaries we can do?

[15:54] Is that just the employee or the and the

[15:57] mayor's best guesstimate or is there

[16:00] some sort of code saying you can't just

[16:02] sock 100% of Ted's wage into water just

[16:05] because you can?

[16:06] >> So we can sock 100% of Ted's wage into

[16:10] the general fund. We couldn't do it into

[16:13] the the water fund because 100% of his

[16:17] time is not spent in the water fund.

[16:19] >> But 50% of his time is.

[16:22] >> Yes. Because if you think about it,

[16:25] anything that he is doing that requires

[16:28] anything or touches at all water

[16:31] >> is able to be allocated there. Um and

[16:35] that's all sorts of of different

[16:37] variables. So we've we've done this to

[16:40] multiple things. So the loader is broken

[16:44] out for the general fund, so public

[16:48] works, so in the roads category in the

[16:52] snow plow area because it helps us load

[16:54] our trucks with with salt as well as

[16:57] water because it helps us maintain the

[16:59] water infrastructure.

[17:01] And so we're basically offloading the

[17:03] burden of that expense onto the two

[17:06] different accounts.

[17:08] And is it just a wild guess on how much the percentage would be?

[17:16] >> I would say a best estimate rather than

[17:18] a wild guess.

[17:20] >> Yeah. I

[17:21] >> mean, you did wild estimate.

[17:24] >> And then estimate

[17:25] >> and then you've got what was it? Some

[17:26] others were 100% of Jody was general,

[17:30] but then Lori there was

[17:32] >> 50%. So Lori is 50% in the water.

[17:36] >> Toby's 50. Are you 30% on the general

[17:38] fund? Is that what we

[17:39] >> general and then 20 I think sewer

[17:41] >> and then 20 on the sewer because Lori

[17:44] spends of her all of her time mostly

[17:46] doing all of the billing,

[17:48] >> right?

[17:49] >> So it's all that administrative expense.

[17:53] >> Automated

[17:55] >> the billing.

[17:57] >> I wish it um it's you know pretty good

[18:00] but I do have to do some things to make

[18:01] it work.

[18:02] >> That's right. I would presume with this

[18:04] day and age it would be all

[18:06] >> and some of it is just also making sure

[18:09] the books are correct right she's

[18:11] allocating reconciling

[18:14] which touches all accounts so we can

[18:16] then

[18:16] >> I'll hold up a mirror Mike with your

[18:18] mental health counseling how much of it

[18:19] is done automated billing versus manual

[18:22] input

[18:22] >> so fair

[18:27] » all automated with a lot of followup

[18:30] >> question on water billing

[18:33] Are our meters read electronically, I

[18:36] would assume?

[18:37] >> What percentage is read electronically?

[18:40] >> Um, well, there's a Toby drives around

[18:43] with an antenna on the car and a

[18:45] computer inside that pulls the it's a

[18:47] radio read.

[18:48] >> Okay.

[18:48] >> That's how it's read.

[18:49] >> Is that 100% of the city or is there

[18:51] some have to be manually?

[18:54] Well, you put you give him a list of six

[18:57] to eight that didn't had some error and

[18:59] didn't read and he'll go back and

[19:01] correct it or maybe manually read it

[19:05] to be

[19:06] >> or we have to replace the meter.

[19:07] >> But he does have to drive around with an

[19:09] antenna approximate to it. It's not just

[19:12] >> right

[19:12] >> some signal that's reporting back to the

[19:14] city center.

[19:15] >> There are signals that some cities have

[19:17] where they can read it in the city

[19:18] center and not need to drive around, but

[19:20] we don't have that. Plus with our

[19:22] topography,

[19:22] >> it would make it even be harder.

[19:25] >> Yeah.

[19:27] Thank you. That's what I thought.

[19:30] >> Perfect. I thought if we were doing it

[19:32] manually, maybe we ought to go.

[19:36] >> Yeah. Oh, that would be bad.

[19:38] >> They used to do that.

[19:38] >> Well, you never know. It's not that

[19:40] long. We did it for years on the Soldier

[19:43] Summit. Now it's all electronic.

[19:46] I would request that you guys assume the

[19:49] worst in all of our processes

[19:52] >> and ask the question

[19:54] >> so that we, you know, the last thing we

[19:56] need to be doing is something just

[19:57] because we've always done it that way.

[20:00] >> Um, so that's what I'm looking at here

[20:03] predominantly is these are the raises

[20:06] that I'm looking to give. So you'll see

[20:09] here also, so this is uh Jod here. 100%

[20:13] of her wage comes from the general fund

[20:16] because she doesn't deal any she doesn't

[20:18] deal with water. She doesn't deal with

[20:19] sewer. So, we can't justify offloading

[20:23] that financial burden.

[20:24] >> Are those the three options? Water,

[20:26] sewer, and then everything else.

[20:28] >> Oh, water, sewer, general. Yes.

[20:31] >> Yep.

[20:31] >> Fire is part of general.

[20:33] >> Correct.

[20:34] >> Yep. And it has everything to do with

[20:37] where do the funds that fund it come

[20:40] from.

[20:40] >> Right.

[20:41] cuz I don't spend a Michael and I

[20:43] don't spend a dime and I don't think

[20:45] Lori does on sewer and I'm not sure if

[20:48] you

[20:49] >> are you on sewer?

[20:50] >> I spend a crap ton on sewer.

[20:53] >> Um and so

[20:54] >> no pun intended.

[20:56] >> So are you on sewer?

[20:58] >> Okay. So we're on septic and thus we

[21:01] don't have to pay for that cost or

[21:03] infrastructure because we're not using

[21:04] it.

[21:05] >> Right. Uh general fund though everybody

[21:07] uses it thus everybody it's and that

[21:09] typically comes from property tax.

[21:11] >> Everything built now though is on sewer

[21:14] right?

[21:14] >> No only if it's within 100 ft of a

[21:20] current sewer commission.

[21:20] >> So everything that's going on in Maple

[21:22] Canyon that's still septic because there

[21:25] is no sewer there. Whereas if it's up in

[21:27] Thousand Oaks then

[21:29] >> Thousand Oaks is sewer

[21:30] >> is sewer.

[21:31] >> And if if you're down in Summit Creek

[21:32] >> Summit Creek is sewer. There's a there's

[21:34] a state law that if you're within a

[21:36] certain number of feet to sewer, you

[21:38] have to bring the sewer to your home.

[21:40] So,

[21:42] the new areas have it and it may slowly

[21:44] spread.

[21:47] >> We'll see.

[21:47] >> I wear the proud flag of being the first

[21:49] one to run sewer in the Thousand Oaks

[21:52] lines.

[21:52] >> Really?

[21:54] >> I condolence.

[21:56] >> When we were building our house, they

[21:58] said the Thousand Oaks sewer lines are

[22:00] there, but they're dry. They don't

[22:01] connect down. So, we don't know whether

[22:04] you're going to be on sewer or septic.

[22:06] And so, like literally the week before

[22:08] we're closing on our house, the city

[22:10] said, "We just finished the sewer

[22:12] connection. So, don't run out to the

[22:14] septic. Run out to the sewer."

[22:15] >> Well, you could have connected onto it.

[22:16] would have gone down on Ted Hanks's

[22:18] property.

[22:20] >> Did you?

[22:21] >> No, it didn't even go that far. It only

[22:23] went to um Sorl's property.

[22:26] >> So, do you have a septic system?

[22:27] >> No. So, right at that point of are we

[22:30] going to have to install the septic and

[22:31] then not use it? But we never installed

[22:33] the septic, but we had all of our

[22:35] plumbing run to the back of the house,

[22:37] planning to dump out into the backyard

[22:39] to where we would put a septic. So, all

[22:42] of our plumbing goes from the front of

[22:43] the house to the back and then takes a

[22:45] 180 turn and then goes all the way back

[22:47] to the front of the house and out to the

[22:49] street. And so I bought my own

[22:52] professional plumbing snake because I

[22:54] have to snake my lines every six months

[22:55] to keep all of that line flowing.

[22:58] >> We'll have to get you a special sewer

[23:00] plaque that you can hang on.

[23:04] >> Honorary. Yeah. So that's what I'd love

[23:06] you guys to take a look at here. Right.

[23:08] Um just to understand Jody 6% and this

[23:12] is due to taking on additional duties

[23:14] from Chris,

[23:15] >> right? um as well as a 12% to Lori for

[23:19] taking on a a larger sum of the duties

[23:22] of Chris.

[23:23] >> So, as we look at the budget for total

[23:26] wages and we say we're giving 6% and 12%

[23:29] more to these people, how much are we

[23:32] overall saving in total salaries and

[23:35] wages as opposed to what we were last

[23:36] year, let's say.

[23:38] >> So, do you want to take this?

[23:40] >> No, go ahead. So Chris cost us roughly

[23:44] around 150,000

[23:46] >> and that is salary plus benefits,

[23:48] retirement, all of the numbers.

[23:51] >> Um so we just hired and on this next

[23:55] council agenda will be the contract

[23:58] um for somebody named Charlene Wild to

[24:01] help us as a bookkeeper,

[24:02] >> okay,

[24:03] >> to help us finalize our checks and

[24:04] balances and a lot of that institutional

[24:06] knowledge. Um, so she will take on um a

[24:11] number of these additional duties,

[24:13] though there are still a large sum that

[24:16] will stick with Lori that weren't there

[24:18] prior or she wasn't, let me correct

[24:20] that, she wasn't compensated for. She

[24:23] has been taking them on for years now.

[24:26] Um, but Charlene also will then do a lot

[24:29] of the state statutory filings. so make

[24:32] sure they're at the right places. She

[24:34] will file all of our our 1099s, our

[24:37] taxes, our all of that stuff. Um, and

[24:42] she will then also help potentially even

[24:44] with some grant writing cuz she's

[24:46] exquisite at grant writing, which is

[24:48] going to be fabulous. She is going to

[24:51] she cost us $95 an hour. Um, we

[24:54] interviewed two people, both fabulous

[24:57] candidates. Um, the other one was going

[25:00] to cost us around $15,000 a year. So,

[25:04] you can kind of do that math from

[25:06] $150,000 to 15,000. Uh, Charlene is a

[25:10] little cheaper than that. Um, at 75 at

[25:13] $95 an hour, she thinks she can close

[25:16] the books in around 5 hours a month.

[25:19] >> Um, so she'll be around 5 to8.

[25:22] And if you can, you know, run the

[25:24] numbers, you know, that'll be around 800

[25:29] 700 to $800 a month. Um, and then

[25:32] that'll be probably around $3,000 a year

[25:34] for the audit prep.

[25:38] >> Okay.

[25:39] >> And so you can just, you know, looking

[25:41] here,

[25:42] we're at three. Well, I I won't include

[25:46] Ted there, but So 57.

[25:50] Um, let's add another.

[25:54] >> That's only 30% of her.

[25:56] >> That's 30% of hers. So,

[25:59] let's go 11,000 plus another 11,000. So,

[26:04] 22,000. So, we went from 150,000 to

[26:07] 22,000.

[26:08] >> Okay. So, we are

[26:11] >> budgeting less.

[26:12] >> That's a good savings.

[26:13] >> $110,000

[26:14] savings or so.

[26:19] Um, okay. And this next item here is

[26:22] just the FICA. So, this is just an

[26:25] addition due to the raises.

[26:27] Um, and the retirement, uh, same

[26:30] addition there. Hence, I put them in

[26:32] those blue categories.

[26:33] >> Sorry. Sorry. Please

[26:37] go back to the FICA.

[26:40] There you go.

[26:42] So, I'm looking at 245. That's 7.65% of

[26:46] wages. You said it was due to the

[26:48] increases, but that's due to over total

[26:50] wages.

[26:51] >> It would be total right wages.

[26:54] >> Yes. Um that I need to figure out here.

[26:59] What is my algorithm? You're not total

[27:02] salaries.

[27:06] » How did I math that out?

[27:08] >> Again, I'm looking at you 24 there

[27:12] versus 15. So, I'm just trying to follow

[27:14] the math.

[27:15] >> Mhm. So, you've got to be able to pull

[27:18] all of the baselines down and then add

[27:20] that 7.65%.

[27:24] >> Yeah. And I know

[27:25] >> the problem is is you did times 7.65

[27:28] rather than 00765.

[27:31] >> Thank you.

[27:34] >> You got the second. Yeah, there you go.

[27:37] Let's see what that does.

[27:38] >> That's that correct.

[27:40] >> Yes, that can be correct.

[27:41] >> That would be the FICA on the increases.

[27:43] >> Yeah, which is what he said.

[27:46] increase on the increase.

[27:48] >> Yeah.

[27:49] >> So that's the percent increase.

[27:51] >> Thank you,

[27:51] >> Michael. If you can find any more of

[27:53] those errors, I appreciate the number.

[27:55] >> So just so you understand what you just

[27:56] did,

[27:57] >> we just saved the city in the budget.

[28:00] >> $23,000.

[28:01] >> $30,000.

[28:02] >> 30,000. Okay.

[28:03] >> Because this number was 17 and now it's

[28:07] 40.

[28:09] >> So that's our over that's the amount we

[28:11] have in excess to what has been

[28:13] currently budgeted.

[28:15] Is there a finder fee for that?

[28:17] >> Yeah.

[28:23] » Okay. Um any of the other things you'd

[28:26] like to

[28:27] >> Can you go back up just a little bit

[28:29] there? Of course.

[28:30] >> Keep going. Keep going. Keep going. Keep going. Going going. Right

[28:35] there.

[28:37] The retirement 1564. What's that?

[28:41] >> So that is retirement. So that is the US

[28:44] um URS um right there

[28:47] >> payment. So there's my note on it. This

[28:50] gets a little confusing because

[28:52] >> it says penalty on there.

[28:54] >> Yes. So Lori's already retired

[28:58] and so she we have to pay a penalty by

[29:01] hiring a retired person from

[29:04] >> Okay.

[29:06] >> You don't look at all

[29:08] >> I do. No, I I called and asked them

[29:10] about it and they said that um if we if

[29:14] the city were to hire someone who was

[29:15] not retired, that person would be

[29:18] contributing to the retirement system

[29:19] where I'm not. And so they charge a

[29:22] penalty. It goes to URS. It doesn't come

[29:26] to me or affect my retirement. It's just

[29:28] a penalty for hiring me because I'm not

[29:31] contributing to the retirement system.

[29:34] >> Interesting.

[29:35] >> So

[29:35] >> interesting. So we're paying.

[29:37] >> Is that only because you are a former

[29:39] public employee?

[29:40] >> Yes.

[29:41] >> She's you were retired.

[29:43] >> Yes.

[29:43] >> Right.

[29:44] >> So it's like they don't want you to

[29:45] double dip.

[29:46] >> She was a uh high school

[29:48] >> high school math teacher.

[29:50] >> Yeah.

[29:51] >> Um we're paying retirement. We're paying

[29:54] URS and FICA.

[29:56] >> Uh FICA. Yes. But FICA is the right the

[29:59] line.

[30:00] >> So that doesn't become part of FICA then

[30:04] >> would pay for both.

[30:06] Um, to help you better understand what

[30:09] this is, this 15.97%

[30:13] of wages is for tier one employees. The

[30:17] government then changed what that meant

[30:20] and it shifted. So, Lori and Jodie are

[30:25] tier one. Correct, Lori?

[30:26] >> Yes.

[30:27] >> And Toby and Ted are tier two. So,

[30:31] that's why this math is a little weird.

[30:35] The tier one is the old the tier one is

[30:37] the oldtimer retirement. They've

[30:40] lessened the benefits now and tier

[30:42] everybody.

[30:42] >> It was defined benefit before, right?

[30:45] >> It's just based on date of hire, not on

[30:48] job title,

[30:49] >> right?

[30:50] >> Yep.

[30:51] >> So, it's better to be hired long ago

[30:53] instead of now.

[30:54] >> Yeah.

[30:56] >> The state just got wise and says we

[30:58] can't keep paying 16% contribution. We

[31:00] got to reduce it to 14% contribution. I

[31:03] believe these numbers change in July

[31:05] too. I think um tier two is actually

[31:08] increasing slightly and tier one is

[31:10] decreasing.

[31:11] >> So it'll probably wash out

[31:12] >> be close to what it is now but just

[31:14] slight adjustment.

[31:17] >> Perfect. So who takes care of that

[31:20] adjustment internally here? Is that you?

[31:23] Yeah.

[31:23] >> You take care of it. Wow. Thank you.

[31:27] >> Lori is the Lori and Jod are the brains

[31:30] of this operation for sure.

[31:33] But Lori, you've only been with the city

[31:34] for

[31:36] five years or so now.

[31:39] >> And so before this was Jod doing it all

[31:43] with Chris.

[31:46] >> I think Chris was doing

[31:47] >> Well, we had a treasure prior

[31:50] to Jody or to Lori.

[31:52] >> Yeah.

[31:53] >> Well, there was.

[31:53] >> Mhm.

[31:54] >> I just don't remember.

[31:55] >> I remember I remember her.

[31:57] >> Yeah.

[31:58] >> Okay.

[31:59] >> She was here quite a few years. I don't

[32:00] know her name. I can't remember her name

[32:02] though.

[32:02] >> Patty Kell.

[32:03] >> Patty. That's right.

[32:04] >> Yeah.

[32:06] >> That's right.

[32:08] >> Yeah. And so the rest here on this page

[32:11] um that I was really hoping you guys

[32:12] would take a look at is again this is

[32:14] the water fund. So all the same numbers

[32:19] and you can see I actually, you know,

[32:21] did some math correctly on this one.

[32:24] Sorry, Michael. I didn't give you

[32:25] another option to save us a bunch of

[32:27] money. Um,

[32:30] and then the same down here with the

[32:33] with Lor's wage coming out of sewer.

[32:41] » Uh, did you get that email? Did you read

[32:43] that, Aaron, about the 690,000?

[32:46] >> I got the email and and read through it,

[32:49] but I don't remember the answers.

[32:52] >> Okay, Lori, do you remember what was the

[32:55] $690,000?

[32:57] That's one thing we had a question.

[32:58] >> I don't I don't know what you're talking

[32:59] about. 695.

[33:02] There was an email.

[33:04] >> No, no, there was uh in our meeting

[33:06] prior. It's right here. So, if you can

[33:09] go to 4141.700.

[33:15] So, it's this Aaron was looking

[33:18] predominantly I think at historical

[33:20] numbers and then all of a sudden a

[33:21] massive spike at 690,000.

[33:25] Um, I believe it was a transfer from

[33:27] savings we were potentially going to use

[33:30] to pay off an old um, bond. Uh, that may

[33:36] help us be able to increase our our

[33:39] lending power.

[33:41] And the our lender recommended that we

[33:44] don't do that because the older bond had

[33:48] a better interest rate than our one we

[33:50] were going to be getting and we still

[33:52] had the leverage we needed to be able to

[33:54] get what we needed without paying that

[33:55] one off

[33:56] >> in 4141700.

[33:59] >> Yep.

[34:00] >> Yeah. 690,000.

[34:11] And the note on is this could go away in

[34:13] 2027. Won't know until evaluation has

[34:16] been done on the new bond.

[34:28] Have we already pulled that out when we

[34:30] open the budget?

[34:33] >> I don't see the 690 here.

[34:39] So, we did open the budget two council

[34:42] meetings ago.

[34:45] We did adjust a few things. This may

[34:46] have been one of those cuz that would

[34:48] have been

[34:50] the type of thing we did adjust the

[34:52] budget for is we pulled the bond out cuz

[34:55] we had already allocated it into the

[34:57] budget and we pulled some of those

[34:59] savings out. So, we we edited four line

[35:02] items.

[35:12] Because if you actually look at the

[35:14] revenue side, Aaron,

[35:16] up on um

[35:20] 38.40

[35:25] that $1.4 $4 million transfer from

[35:28] capital funds

[35:30] >> is the to to your point, Michael, that

[35:33] is the revenue line item to our 690,000

[35:37] expense line item.

[35:38] >> Which one are you looking at? Which

[35:40] number?

[35:40] >> 38.40.

[35:43] >> Yep. In the revenue.

[35:46] >> And so are you saying that there'd be

[35:48] 1.4 million? Sorry. Of the 1.4 4 million

[35:51] 690 would be backed out and then that

[35:54] line down there where it's got 690 as an

[35:56] expense that goes away. So

[35:59] >> 90 remains so 600 of it goes away

[36:03] >> and that 90 was for engineering fees

[36:08] associated with um uh the pavement

[36:13] management plan I believe. Is that what

[36:16] that 90,000 is in that 4141700?

[36:20] >> Um I think it's the payment for the

[36:22] >> No, it's principal sales tax revenue

[36:24] refunding bond with the description.

[36:28] >> Oh, is that the payment for that one

[36:29] loan?

[36:30] >> Yeah.

[36:30] >> Okay.

[36:32] >> And that's consistent with historical

[36:34] patterns.

[36:37] >> So I don't know Chris has a note here.

[36:39] It says refinance 2013 bond to save

[36:43] 100,000 in interest. This bond was for

[36:47] Woodland Hills Drive redo, park

[36:50] upgrades, city center upgrades, and

[36:52] assault.

[36:54] >> Mhm.

[36:57] » So, that's a current bond we have

[36:59] outstanding

[37:00] >> that we're still making payments on.

[37:07] » Question.

[37:07] >> The 1.4 or is that a different bond?

[37:09] >> The 1.4 is a transfer from savings. That

[37:13] was revenue line item. Okay.

[37:14] >> It's a Yeah, that's a revenue.

[37:16] >> Okay.

[37:17] >> Yeah, the 690 now that I Lori's

[37:20] correcting me, 600 of that would have

[37:22] been in excess to our 90,000 obligated

[37:26] payment.

[37:27] >> Okay.

[37:27] >> To burn it off.

[37:30] Instead, we're leaving it in savings to

[37:33] decrease the amount we need to pull. So,

[37:36] we'll we'll pull that from savings still

[37:39] and use to help us with the third phase

[37:41] of the payment management plan.

[37:45] So if I'm reading correctly here, mayor,

[37:48] that we have total revenue of 3,8361

[37:52] million. Uh if you exclude

[37:56] the 1.4 transfer from savings, you will see

[38:03] >> 2.4.

[38:04] >> Yeah. So if I for instance zero that

[38:06] out,

[38:08] we're at 2.4. Yeah.

[38:12] in revenue.

[38:17] And again, this is us speaking

[38:21] um about the 2026

[38:24] budget, not the 2027.

[38:34] Okay. Did that answer that

[38:37] on the 690 there?

[38:40] Is there any other questions here?

[38:44] As we have the fountain of all knowledge

[38:46] with us.

[39:02] » New ambulance. Can you stop there?

[39:06] >> I can.

[39:11] Is that is that projected in stone?

[39:15] >> It is not projected in stone. Um, so

[39:19] this is more of a pass through because

[39:22] you'll also see up here in the revenue

[39:24] side.

[39:26] Um, trying to make those connections for

[39:28] you, Michael, for you and for me. Got

[39:30] it.

[39:31] >> There should be 150,000 here.

[39:35] This is actually inaccurate now.

[39:38] This needs to be 170,000

[39:43] um 500.

[39:46] Did we sell it?

[39:47] >> We have sold engine 192

[39:50] uh for 170,000 instead of the 150 we

[39:54] were anticipating.

[39:54] >> I knew we were trying to sell it.

[39:56] >> Yep. And we've So

[39:58] >> we did. Okay.

[39:59] >> We were waiting for that check to come.

[40:01] >> Is that the old engine?

[40:03] >> Yes.

[40:03] >> Mhm. And so we the council approved TED

[40:08] to be able to look for a new ambulance

[40:11] at a cost at a maximum price of 150,000.

[40:16] >> Great.

[40:17] >> Um, and that will give us the chassis we

[40:20] need and the box system for the

[40:23] ambulance, which has apparently a killer

[40:26] warranty on it from the makers of that.

[40:29] And so we'll actually be able to pull

[40:31] and lift the boxes in the future, swap

[40:34] out the chassis, and put the boxes back

[40:36] on um with this other type. It's a

[40:39] higher brand. Um and so we're looking

[40:42] for those used currently. Um Saratoga,

[40:45] no, Santa Quinn's uh fire and EMS people

[40:49] are in that market of buying and selling

[40:53] professionally ambulances. And so they

[40:56] have their feelers out for us looking

[40:58] for that new ambulance.

[41:01] >> Good psychic

[41:02] >> or you will it be new or used?

[41:04] >> It'll be a used ambulance. I think a new

[41:06] ambulance is like 250 $300,000.

[41:10] >> Seriously?

[41:11] >> Yeah.

[41:11] >> We're in the wrong business. Aaron,

[41:14] >> you have to remember ambulances come

[41:15] with all the bells and whistles and

[41:17] sirens.

[41:18] >> Sirens. I mean there the truck chassis

[41:21] itself to buy a new truck is 75 100.

[41:27] >> Uh this is probably closer to 120 new

[41:31] >> because it's an F it's basically an F350

[41:34] >> 50

[41:36] four-wheel drive.

[41:37] >> Mhm.

[41:38] >> I assume.

[41:38] >> Yep. Ours not all ambulances are but

[41:41] that's a good question. We will we do

[41:42] require that

[41:44] >> up here you'd have to

[41:47] >> Yep. But there's been too many times

[41:50] I've I've heard that we got a call

[41:53] and the ambulance didn't start

[41:57] and so they start pulling stuff out,

[41:59] throwing it in a brush truck and driving

[42:01] and showing up in a fire truck to take

[42:03] care of a per patient. It's not as

[42:05] catastrophic for us because we do not

[42:07] have a license to transport currently

[42:10] patients and so Salem's always on the

[42:12] way. But we are

[42:14] >> with the timing issue could be a problem

[42:16] >> 100%.

[42:18] >> And it's only going to get worse because

[42:21] as I was reading our demographics

[42:24] um well you can actually see those here.

[42:27] >> Aaron's getting pretty old.

[42:29] >> Aaron is getting old. Is is Rachel's

[42:32] plan to get Woodland Hills able to

[42:34] transport themselves?

[42:36] >> Uh that is one of the goals simply

[42:40] because

[42:41] with that option comes a financing

[42:45] ability. There's money in transport.

[42:48] There's not money in response.

[42:50] And so we were hoping that it actually

[42:52] could um

[42:55] help start paying for the EMS program.

[42:58] >> Yeah.

[42:59] >> Yep. So you can actually see right here

[43:00] in the general plan. I'm going a little

[43:02] off script. Um this is the current

[43:05] demographic of our our residents. So

[43:09] 18.5%

[43:10] of our residents in Wooden Hills are

[43:12] over the age of 65 years. Um 40.8%

[43:17] is 50 to 64.

[43:21] So the majority of our residents are

[43:24] greater than the age of 50.

[43:31] I'm not in green or purple.

[43:33] >> But you live longer.

[43:36] >> I'm in orange personally still.

[43:38] >> You live longer. I

[43:39] >> got one more year in orange.

[43:41] >> If if the radon doesn't take you I

[43:43] agree.

[43:44] >> Yeah, you're going to live longer up

[43:45] here cuz they're fresh.

[43:48] >> Out of the inversion in the winter.

[43:50] Yeah.

[43:50] >> So, we're going to be we're going to

[43:51] survive. Average age is 100, right,

[43:55] Eric?

[43:56] average age.

[43:57] >> We can get to 100, can't we?

[43:59] >> We can. You could back in the 1890s as

[44:02] well. Doesn't mean the average age is

[44:05] >> exactly.

[44:08] Okay. Are you uh chairman, are you okay

[44:10] if we jump over here

[44:13] to some of the variable?

[44:14] >> I'm good. I'm good with that.

[44:15] >> Okay. Any other questions though on that

[44:18] primary budget?

[44:20] Okay. So, this is where I'd love your

[44:22] guys' uh increased degree of scrutiny.

[44:25] Um many of these are budgeted numbers in

[44:29] the sense of they may come in lower.

[44:32] They're all budgeted high in

[44:34] anticipation.

[44:36] Um I have designed the budgeting process

[44:40] this year for us to have a better

[44:43] understanding of the finances as we

[44:45] proceed through the year that I'm going

[44:48] to break out each department and have a

[44:50] council member over each department. Um,

[44:53] and so as a budgetary item is satisfied,

[44:57] meaning the job has been completed and

[44:59] the funds have been expended, any excess

[45:01] funds will be able to drop into a pool

[45:04] that then next in the next council

[45:06] meeting, we would be able to have the

[45:08] council reallocate those funds to the

[45:10] next item in prioritization.

[45:13] Uh, whereas in the past, we kind of

[45:15] didn't have that level of scrutiny, if

[45:17] that makes sense.

[45:19] Um, so one item I have changed since the

[45:22] council looked at this is I increased my

[45:26] own line expenditure

[45:29] um for 4111.600

[45:33] um mare expenses from I believe it was

[45:36] $300 to,500.

[45:39] Um, the reason for this is I've got a

[45:41] few like I was telling you earlier, uh,

[45:43] Mike, um, I'm hoping to do some

[45:47] different events which hopefully will

[45:49] bring the community a little closer

[45:50] together. Um, I'm wanting to

[45:54] >> So, this is more hot dogs.

[45:56] >> Uh, this would actually be, uh,

[46:00] desserts. So, you guys are going to be

[46:02] the first to hear about this in the

[46:04] general public.

[46:05] >> Wow. I'm hoping to be able to uh

[46:09] selectively

[46:11] pick couples who would be able to do

[46:14] somewhat of like a progressive dinner

[46:16] throughout the city on say a Friday

[46:18] night. um create finding people that

[46:22] would help facilitate a conversation

[46:25] help but from each one couple from each

[46:28] ward would start at one place with an

[46:30] appetizer the next for a meal and then

[46:32] come back to the city center and I'd

[46:35] have say four of these groups going at

[46:37] one night and then it would end with

[46:39] dessert with the mayor where we would

[46:42] then all be able to come together and my

[46:44] goal is to create relationships because

[46:46] there's nothing greater than a word

[46:48] boundary for isolating people and I'm

[46:51] wanting to break that down. Um so I feel

[46:55] pretty good about this especially with

[46:57] the recent legislation that has passed

[47:00] um in this last legislative cycle of the

[47:02] state that they want the state wants an

[47:05] increased communication about and

[47:07] between um religion and and government.

[47:12] Um, so I've been working with President

[47:13] A um to try and coordinate and select

[47:17] who these people may be and we'll

[47:19] eventually slowly cycle through the

[47:21] entire uh city eventually if that if it

[47:25] ends up working. But this increase here

[47:28] would be basically just for those

[47:31] expenditures on desserts and it will

[47:35] probably usually be cheesecake and creme

[47:38] brulee.

[47:42] Okay. And not just focused on LDS. It

[47:44] any it will very much not only be

[47:48] focused on LDS. It'll be a mix always

[47:52] members and non-members.

[47:53] >> But your understood demographic pairing

[47:55] is based on ward boundaries. Just

[47:57] because if nothing else, whether you're

[47:59] a member or not, somebody that lives on

[48:01] Broad Hollow doesn't talk to somebody on

[48:03] Maple Drive. Right.

[48:04] >> Church or no church.

[48:06] >> 100%

[48:06] >> geographically around the city.

[48:08] >> I get that.

[48:09] >> Yeah. It's just an easy way to break our

[48:12] city into four pieces.

[48:17] And then if we when we divide for the

[48:19] next ward and we five

[48:22] break it into five pieces just to keep,

[48:25] you know, and those boundaries and it'll

[48:27] focus on new moveins as well. So they'll

[48:30] have a higher prioritization than people

[48:32] I select for this or the committee I'm

[48:35] creating for this project um to help in

[48:39] introduce them faster into the city and

[48:42] get them integrated. So that's what that

[48:45] budgetary line item is.

[48:48] Um

[48:54] so I'll just kind of slowly scroll here.

[48:57] Do you guys want any other

[48:59] understanding?

[49:00] >> The only question I would have is it

[49:01] pretty well in line with what we've

[49:04] generally done

[49:06] year after year.

[49:08] >> Uh that's the one thing we don't have is

[49:09] a comparison of what was it prior year.

[49:12] This is a variable amount. We could say

[49:15] zero and we wouldn't be terribly harmed.

[49:20] But there is some historical precedent

[49:22] on book subscriptions if we drop out of

[49:24] Utah League of Cities and towns.

[49:26] >> Yeah. That's probably not wise, but we

[49:30] could

[49:31] >> and that's why I put it on this page is

[49:34] for the council to make that decision.

[49:37] >> So, I think it would be helpful to have

[49:38] a column that shows historical average

[49:41] next to this to be able to show is this

[49:46] right in line or is this a a change.

[49:49] >> So on some of those things we can do

[49:52] that, right? So this is 4141601.

[49:56] So

[49:57] >> is it because of the new budgeting that

[49:59] you can't that you haven't had?

[50:01] >> Yeah, to a degree. So you can see here's

[50:03] your historicals on that particular line

[50:06] item.

[50:07] >> So it's a couple thousand more.

[50:08] >> So a couple thousand more um and that is

[50:12] due to I believe

[50:14] um

[50:17] 601. So we got a new printer. Um, we're

[50:22] also budgeting for a little bit more on

[50:25] the computer replacement plan.

[50:28] >> So now I'm confused on if some of these

[50:32] in fact it looks like maybe many of

[50:33] these are already on the other one, how

[50:36] are you not double counting them?

[50:38] >> Great question. So if you actually look

[50:40] over here in this one, you see I'm empty

[50:43] here.

[50:45] So this calculation here generating this

[50:49] 60,000

[50:51] is pulling

[50:54] this

[50:55] line

[50:57] and totaling it up minus revenue

[51:02] or revenue minus this this page. So if

[51:07] it's blank here and in blue that means I

[51:11] pulled it over into this page. Got it.

[51:16] >> And then if I put a check in this box,

[51:20] it deducts this quantity from this

[51:23] total.

[51:26] So for instance, if I come here, we'll

[51:29] go -20,000.

[51:39] And so the the reason I'm I don't have a

[51:42] historical in a quick example here is I

[51:46] pushed my staff when they were creating

[51:48] this budget to dream up anything they

[51:52] could think of that has never that

[51:54] hasn't been done in the past

[51:57] um because it just didn't make the

[51:58] budget or it didn't get slumped or

[52:01] shoved into a large pot. I wanted the

[52:05] council looking at these items specifically instead of a big pool

[52:12] >> right

[52:13] >> now. I probably could have gone a little

[52:15] more granulated say on this 13,000

[52:18] and broken out each subscription.

[52:22] Um Jody just felt that there was the

[52:25] precedence of that type of a number and

[52:27] that's and we've all kind of known

[52:29] what's in it and that type of a thing.

[52:32] But we can for sure break that out if

[52:34] you're

[52:35] >> Okay. So all those items underneath the

[52:38] 4141699

[52:39] are not part of 4141699.

[52:42] That's just other stuff. Correct.

[52:44] >> Okay.

[52:45] >> And so one of the things that Lori and I

[52:48] need to do after this meeting and after

[52:51] you guys give us your feedback on this

[52:53] meeting is I need to to create the

[52:56] mayor's budget. And the mayor's budget

[52:59] will then go back to looking a lot like

[53:01] this document that you've seen for years

[53:05] which with will have these pulled in to

[53:09] where they need to be categorically.

[53:11] >> And as far as the optional categories,

[53:13] you're just going to start with the ones

[53:15] and move on down the line until we're

[53:18] out of budget.

[53:19] >> Uh that's what we've done here. Yep.

[53:22] >> Yep. So, we've gone through with the

[53:24] staff prioritizations

[53:25] and the c the staff or the city council

[53:28] is who put these X's here,

[53:31] >> which then said yes,

[53:32] >> the ones that will be funded. Okay.

[53:33] >> Correct. Okay.

[53:34] >> And so, the ones that are not funded are

[53:36] those also not only blank but

[53:38] highlighted in red, right?

[53:40] >> Yep.

[53:41] >> Those are the ones that you say we're

[53:43] going to kick this can down the road.

[53:45] >> Mhm.

[53:47] >> Yep. Or like here,

[53:50] we just add great opposition to it.

[53:52] LEDs throughout the city.

[53:56] I had a few council members who said,

[53:57] "Well, studies show LEDs are actually

[54:00] not healthy."

[54:02] >> I don't know the evidence.

[54:04] on that. I'm clearly dying, so it must be my LEDs

[54:08] at my house. But they just said, "No,

[54:11] it's a waste of money." Boom.

[54:14] And so that's where that red came from,

[54:16] cuz you can see we've got the budget for

[54:18] it, right? but it doesn't necessarily

[54:20] mean another item that they'd love to

[54:23] think about is adding in here um

[54:27] a

[54:31] savings pot for a new playground at the

[54:33] park.

[54:35] Now, is emergency savings building that

[54:38] somewhere in here?

[54:42] Is that somewhere else? cuz I seem to

[54:44] recall there was a council discussion

[54:46] about that and we want to keep x amount

[54:48] of dollars available.

[54:50] >> Was it 250,000 at all times?

[54:52] >> 250,000 for but not for an emergency.

[54:56] >> Well,

[54:56] >> what do you what do you mean an

[54:57] emergency?

[54:58] >> I'm not going to call it slush fund but

[55:00] have

[55:01] >> it's it's the like Michael Mike and I

[55:04] were talking about earlier. It's the the

[55:07] laundry machine broke type money, right?

[55:10] Nonbudgeted items that come up as an

[55:12] expense. pump goes out. Yeah.

[55:15] >> Now again, remember the two different

[55:17] funds. If the pump goes out, we're not

[55:20] keeping $250,000 on hand in the water

[55:24] fund. We have two What do we have in the

[55:27] water fund? 2 million.

[55:30] >> Let me look.

[55:32] >> So, there's a lot more money over here

[55:34] because it's way more important than the

[55:37] general fund. Anyway,

[55:38] >> priority. Water's a priority. And we

[55:41] have to save for any infrastructure

[55:44] replacement

[55:46] over in this fund.

[55:48] We can't raise property taxes to pay for

[55:51] that.

[55:52] >> But where we've got $60,000 left, say,

[55:56] how much of that should we say that

[55:58] audio system, let's go ahead and do it

[55:59] because we got 60,000 left. or no, we

[56:03] feel that that audio system can wait.

[56:05] So, let's keep that 60,000 over in our

[56:08] general fund and increase from 250 to

[56:11] 310.

[56:12] >> Or

[56:14] we come up here

[56:18] and we decrease this number by 60,

[56:20] >> just decreasing taxes on the revenue

[56:22] side. Yeah,

[56:24] >> I'm hesitant to do that because that

[56:27] just means if we have a need in the

[56:29] future, that pain gets even harder then.

[56:31] >> Right.

[56:32] Um would I be the hero of ages if

[56:37] I

[56:38] lowered property taxes?

[56:41] >> I think some people would say great. And

[56:43] then when I had to raise them back,

[56:45] >> I don't think you'd have very many

[56:46] people bowing at your feet. I

[56:49] >> but we look at the pattern of our state

[56:51] legislature over the last several years.

[56:53] They've been taking small little

[56:54] decreases in the income tax rate and we

[56:57] can take a small decrease in our

[56:59] property tax rate in order to bring our

[57:02] revenue in line with our projected

[57:04] expenses.

[57:05] >> Yeah. And I I think there is that's what I want you guys to be

[57:10] thinking about and to make that

[57:12] proposal.

[57:13] But we also have so many things that we have things to spend money on,

[57:18] >> right? Um and some of them aren't on

[57:20] here. Like I said, the playground,

[57:22] right? We really should do something

[57:24] different there. Um that equipment is

[57:28] not just outdated. It's also at times

[57:31] becoming dangerous.

[57:33] >> Yeah. You don't want dangerous.

[57:35] >> We need to. And it's probably the most

[57:37] scenic park on, you know, in Utah

[57:39] County.

[57:41] And nobody ever goes there apparently

[57:42] because all the kids think it's dumb

[57:47] and it gets super hot and it's you know

[57:50] they

[57:50] >> super hot is a very relative term

[57:53] >> 100%. But those are the types of things

[57:56] I believe that there is a place for

[57:59] we can allocate these funds in a

[58:02] fiscally responsible way. My my

[58:04] alternative suggestion would be to use

[58:07] any excess

[58:09] to pay down debt first.

[58:11] >> Also a great idea

[58:14] and what what this is what I'd love to

[58:16] see from the finance committee

[58:17] >> suggestion

[58:18] >> is to sit there and say what is the best

[58:21] use for this

[58:23] >> right

[58:24] >> I think because you have excess money I

[58:26] don't think you should look for places

[58:28] to spend it unless it's really needed

[58:31] >> right and that's I agree with you and I I think that's

[58:37] some of what's being perceived.

[58:40] >> Yeah.

[58:41] >> And so I that's why I bring it up. I

[58:43] think that if we're borrowing any money

[58:45] for anything, that we're spending money on

[58:48] should be an absolute necessity.

[58:50] >> I

[58:51] >> because otherwise we're paying otherwise

[58:53] we're we're paying interest on a

[58:55] >> those are good points, Mike. I I agree

[58:58] with that. And

[59:00] >> and I don't I don't think anybody would

[59:01] agree to pay interest on a playground.

[59:02] But if we're paying interest for roads

[59:04] and we're building a playground, then

[59:06] really we're paying interest for a

[59:07] playground because we could use the

[59:09] playground money to pay for roads. And I

[59:11] know the numbers are not commensurate,

[59:13] but it's the it's the principle.

[59:15] >> Money is funible.

[59:16] >> Right.

[59:17] Water money is not funible to

[59:19] general fund money, but general fund

[59:21] money is funible.

[59:25] » Well, I talked to the mayor about it.

[59:26] You know, we and we talked that we

[59:29] really have four things in this city

[59:30] that is really important. Water number

[59:34] one,

[59:36] roads probably and snow removal number

[59:39] two, and then three would be fire, and

[59:43] fire is really an issue, could be a real

[59:45] issue this year.

[59:47] So, all it takes, all it takes is one

[59:49] match and we could be gone.

[59:51] >> It's funny. I was looking at the amount

[59:53] that Ted requested and not just because

[59:56] I'm on the fire department, but I look

[59:57] at that and I think that's money well

[59:58] spent.

[59:59] >> Absolutely.

[1:00:00] >> For for this city, especially this year,

[1:00:03] >> it's it's money well spent if we've got

[1:00:06] our department well equipped and I think

[1:00:09] it could pay dividends.

[1:00:10] >> Another way to look at that $60,000

[1:00:12] leftover is what are some things that

[1:00:14] we're skimping on that we could spend

[1:00:17] more on and get a better investment?

[1:00:19] Like for example, you mentioned the

[1:00:21] ambulance. If we're buying a used

[1:00:23] ambulance for 150, what if we just

[1:00:24] bought a brand new ambulance for 210?

[1:00:28] Well, and this is one of the things

[1:00:30] that, you know, we should bet is

[1:00:34] our our whole building structure here

[1:00:38] housing our equipment downstairs. A lot

[1:00:42] of our equipment sits outside and

[1:00:44] deteriorates and things like that.

[1:00:46] >> Not as much anymore. It's been cleaned

[1:00:48] out pretty good down there.

[1:00:50] >> Have you been down there lately?

[1:00:51] >> I haven't.

[1:00:52] >> Is that because we just used to have a

[1:00:54] lot more vehicles and we've um

[1:00:57] consolidated to just a few?

[1:01:00] >> Yes. Um

[1:01:02] >> we were hoarding all kinds of stuff.

[1:01:05] >> Yes.

[1:01:07] Uh Toby's a neat freak

[1:01:10] and

[1:01:10] >> good for Toby.

[1:01:12] >> He's an organization neat freak.

[1:01:14] >> I'd like to go down and see what he's

[1:01:15] done. Doug wanted to do that. can't find

[1:01:17] anything anymore, but

[1:01:19] >> it's all cleaned up. He sure can.

[1:01:21] >> Street signs. They used to be just

[1:01:23] laying all over the place, stacked,

[1:01:24] mismatch, and now he has them all on the

[1:01:26] wall grouped by category. You can see

[1:01:28] exactly what we have and how many it

[1:01:31] looks so good.

[1:01:32] >> I love

[1:01:33] >> workbench empty.

[1:01:36] >> We don't need a new street sign, but we

[1:01:37] do need to go and straight street sign.

[1:01:43] It got bent in half and then I bent part

[1:01:46] of it back, but I don't have the tools.

[1:01:48] I mean, I did this as I was driving by

[1:01:50] one day and just went, "Oh, I'm going to

[1:01:52] try and bend that back a little bit

[1:01:53] better so it's at least visible." But

[1:01:55] it's the intersection of Loafer and

[1:01:57] Woodland Hills Drive in um

[1:02:01] what's his name?

[1:02:05] I can picture him. Genie and

[1:02:07] >> Brad Merritt.

[1:02:08] >> Brad Merritt's

[1:02:10] Okay,

[1:02:10] >> that's stop sign there. There's a a yellow sign below it that's flat on

[1:02:17] one side and then

[1:02:19] curvy on the other side of it because it

[1:02:21] got whacked by something going around.

[1:02:23] >> So, we've got um a system by which we

[1:02:26] can give to a list of things to that

[1:02:28] need to be done. So, if you shoot me a

[1:02:30] text of a picture of that with a even if

[1:02:33] like a pin or something on it, I can add

[1:02:36] it and it'll be done tomorrow.

[1:02:38] >> Kobe is so good. It's an easy thing to

[1:02:40] just take off. Take two bolts off, lay

[1:02:43] it down on the ground, flatten it out,

[1:02:45] and then put it back up.

[1:02:46] >> 100%. Yeah. Doesn't even cost money.

[1:02:50] Just tie. So, here's the thing. That

[1:02:53] $60,000,

[1:02:56] there are a lot of places on that list,

[1:03:00] right? Where have we pinched the penny

[1:03:03] so thin that it's gone ragged? Like for

[1:03:07] example, on one of these right here is

[1:03:10] the city center

[1:03:13] uh mat,

[1:03:15] >> the entry mat, right? We've had that

[1:03:18] Woodland Hills mat in the entry for so

[1:03:20] long that's half duct tape. It's missing

[1:03:23] the A

[1:03:25] and it I think it it it wears on a few

[1:03:28] people when they walk into their city

[1:03:30] center and it looks like you walked

[1:03:32] into,

[1:03:34] you know, budget rent a car. You know,

[1:03:37] it's there's some things we could do to

[1:03:40] make that look nice. You know, maybe

[1:03:42] another thing is is when we redo the

[1:03:44] mailbox or the roundabout,

[1:03:47] you know, maybe we want to put some

[1:03:49] money into that roundabout for

[1:03:51] >> a sign. a sign or a bronze or

[1:03:57] something to you know

[1:03:59] are the flags still flags are not well

[1:04:02] they are for a little bit and then but

[1:04:04] they'll be back in okay new flag pole

[1:04:08] okay

[1:04:09] >> digitizing city records that's going to

[1:04:11] be done internally or hired out

[1:04:14] professionally a

[1:04:15] >> little of both and that's a three-year

[1:04:18] plan if I recall Um,

[1:04:22] it's not longterm. In other words, it's

[1:04:24] not it's time limited.

[1:04:25] >> Yeah.

[1:04:28] » Write that down. I'll articulate that a

[1:04:32] little better. A little bit.

[1:04:34] >> Uh, that question, right?

[1:04:37] >> The plan of the digitizing of the

[1:04:38] records because there's some personal

[1:04:40] information

[1:04:42] um that I'd be happy to share. Okay.

[1:04:44] >> And that wouldn't be appropriate for me

[1:04:46] to put on the record.

[1:04:48] So, the flooring that's up there for

[1:04:51] 25,000,

[1:04:53] that's this carpet.

[1:04:55] >> Uh the 25,000 is a rough estimate for

[1:04:58] potentially

[1:04:59] cuz the council, it used to be 50,000

[1:05:02] for the entire main floor here. The

[1:05:05] council said this carpet's fine.

[1:05:07] >> Yeah. And so they cut it in half to do

[1:05:09] that side because like in Jod's there's

[1:05:12] like a half inch roll

[1:05:15] where the carpets come off and we've

[1:05:18] stretched the carpet. The last time we

[1:05:20] got it stretched the stretcher said this

[1:05:22] is the end. It's time to replace it. And

[1:05:24] this is original

[1:05:25] >> the stuff that's used on a daily basis

[1:05:27] versus just periodic meetings.

[1:05:30] >> Yep. And we'll basically say okay we're

[1:05:32] approved for 25,000. If we can get the

[1:05:34] whole building recarpeted for 25,000,

[1:05:38] we'll do it.

[1:05:40] Or we'll tell the council, hey, we need

[1:05:43] 26 to do the whole building. Would you

[1:05:45] want to do that? And they'll say, no, we

[1:05:47] still want you to just do the half and

[1:05:48] we'll take the excess. Thank you very

[1:05:50] much. I'm trying to let the council

[1:05:53] dictate the priorities of the city

[1:05:55] because they hold the purse strings.

[1:06:01] » Okay. What other questions do we have

[1:06:02] then on here?

[1:06:06] We got to get Mike home.

[1:06:08] >> I wish his son a happy birthday.

[1:06:11] >> Amen.

[1:06:12] >> Oh, good.

[1:06:14] Uh the council basically said

[1:06:17] when it comes to fire, especially this

[1:06:19] year, they checked all the boxes.

[1:06:24] Um

[1:06:28] the fuel reduction here, similar thing.

[1:06:32] Council just said this is the what we

[1:06:34] feel is a good prioritization of funds.

[1:06:38] >> So right now the fire department is

[1:06:40] pretty well stocked with the new fire

[1:06:42] truck,

[1:06:44] brush truck.

[1:06:46] We're in good shape in that that area.

[1:06:50] We really Ted will be coming to the

[1:06:53] council

[1:06:55] in the near future requesting a new

[1:06:57] brush truck.

[1:06:59] >> A new brush truck. We just got a new

[1:07:01] brush truck.

[1:07:02] >> Uh yeah, the old one has died and it's

[1:07:06] limping along.

[1:07:07] >> An Egnominia is dead.

[1:07:08] >> Uh it's got overheating issues. Uh Craig

[1:07:11] is doing his best to keep it clean.

[1:07:13] >> Two brush strokes.

[1:07:14] >> Yeah, we would sell the one that's

[1:07:16] dilapidated and then we would replace

[1:07:19] it. So when the when our our fire or

[1:07:22] mitigation fire mitigation crew goes out

[1:07:24] on a fire somewhere, they're taking the one you're calling the new brush

[1:07:29] truck.

[1:07:30] >> Okay.

[1:07:30] >> And we really we need a better truck in

[1:07:33] the city.

[1:07:34] >> Yeah, we do. We need a good one.

[1:07:37] >> So they make money for the city when

[1:07:39] they take it.

[1:07:41] >> So take it. We'll keep one here for when

[1:07:43] >> we that it's a good program.

[1:07:44] >> Yep. Uh there are some cities who are

[1:07:48] fully funded by their fire mitigation

[1:07:52] crews. Um I think it's

[1:07:56] I can't remember the name of the city,

[1:07:57] so I won't try and butcher one, but they

[1:08:00] make about $2.5 million a year just

[1:08:03] farming out their nine crews.

[1:08:06] >> And so they've

[1:08:07] >> crews. Wow.

[1:08:08] >> They've built the whole program around

[1:08:09] it. They've hired administration to just

[1:08:11] run the program,

[1:08:14] but they don't have the property tax

[1:08:16] problems we do because all that revenue

[1:08:19] comes, but they don't have commercial

[1:08:20] like we also don't have. So, that's that

[1:08:24] is a strategic element. Our problem

[1:08:27] right now is we're on that pinnacle

[1:08:30] because we need fire bosses, crew crew

[1:08:33] bosses that can actually have the

[1:08:34] certification to run the crew. um and

[1:08:38] figuring out how we cover their costs.

[1:08:40] And we really need to get to another

[1:08:43] crew at least to really start making

[1:08:47] money. We're at kind of a break even

[1:08:49] unless we have like last year that

[1:08:51] California fire which made us most of

[1:08:53] our money last year.

[1:08:55] >> Although we haven't

[1:08:56] >> You're going to have plenty of fires

[1:08:57] this year.

[1:08:58] >> Yes. U so I have a question here on uh

[1:09:02] Ted's budget

[1:09:05] >> and I know that I know that he's talked

[1:09:08] about and you've mentioned mayor that

[1:09:10] there's possible grant money coming

[1:09:13] forth but we we need to be thinking

[1:09:15] about this uh phase 2 water line. I

[1:09:18] don't know how critical it is but at the

[1:09:21] time it was sounded pretty critical when

[1:09:23] we were in the throngs of it. I guess we

[1:09:26] need to we don't need to understand what

[1:09:29] that is and what kind of budget. I guess

[1:09:31] that's a four and a half million dollar

[1:09:33] project.

[1:09:34] >> Correct. So

[1:09:35] >> when you say phase two, are you talking

[1:09:37] secondary water?

[1:09:38] >> No. Main water line.

[1:09:41] >> So remember

[1:09:43] where do you live? You're up on Eagle's

[1:09:45] Dust, right?

[1:09:46] >> Not quite.

[1:09:47] >> Are you Thousand Oaks? I'm Richard

[1:09:48] Thousand.

[1:09:49] >> So you're in good shape. Um so the

[1:09:53] original development of the city used

[1:09:55] iron ductal piping which started eroding

[1:09:58] because of the the acid acidity of our

[1:10:01] dirt all sorts of things. It is dying

[1:10:05] faster than it should. So on the lower

[1:10:07] levels of the city

[1:10:10] three years ago two years ago

[1:10:14] >> when we ripped up a bunch of streets and

[1:10:17] replaced all the water lines. That's

[1:10:19] where the $75 on our bill each month

[1:10:21] comes from.

[1:10:23] >> That was phase one of the water project.

[1:10:25] >> Got it.

[1:10:26] >> So now, so Michael's road is atrocious

[1:10:30] and he loves it.

[1:10:34] >> He He and all of his neighbors may ask

[1:10:36] me monthly when their road's being

[1:10:37] repaired,

[1:10:39] but it needs the water line replaced. So

[1:10:42] that goes basically from Michael's well

[1:10:45] just below Michael's house all the way

[1:10:47] up to Highline

[1:10:50] and around in Sky Lake and basically

[1:10:53] that area is phase two.

[1:10:55] >> That's putting in an 8 in line. Are you

[1:10:58] saying lower maple has already been

[1:10:59] replaced?

[1:11:00] >> Correct.

[1:11:01] >> Okay.

[1:11:01] >> So our budget of the first phase I know

[1:11:04] that that would explain there's new

[1:11:05] asphalt in the lower half.

[1:11:06] >> Correct. They got a new water line. The

[1:11:09] budget went further than we anticipated

[1:11:11] with the bond we took.

[1:11:13] >> So we went, it was 3.2 million, but we

[1:11:16] got 300,000 of that forgiven as a gift.

[1:11:21] >> Beautiful. And we then also further

[1:11:25] >> 2.9 as I remember is what we bonded for.

[1:11:30] >> Yep. And we were able to do more than we

[1:11:32] anticipated in the first engineering

[1:11:35] scope. And we've found with Ted that's

[1:11:38] typically the case. He is by every

[1:11:41] nature an engineer, right? Overestimate

[1:11:44] and thus you're not being burned on the

[1:11:45] back end. So I anticipate

[1:11:49] um we'll go through a similar cycle

[1:11:50] again. We have requested through Burgess

[1:11:54] Owen's office for earmarks on the next

[1:11:58] uh federal budgetary cycle.

[1:12:02] um I believe 2 1/2 million of the four

[1:12:07] because Burgess thought he could get

[1:12:09] that more confidently than the four and

[1:12:11] 1/2 or five. So we are hoping with that

[1:12:16] also the what was that the department

[1:12:20] the the department of drinking water

[1:12:23] >> it was the rural Utah drinking water

[1:12:26] association of Utah.

[1:12:28] >> Thank you. They are also then they are

[1:12:32] currently on um what's the term? They're

[1:12:36] not taking any applications right now.

[1:12:38] They're waiting to try and get caught up

[1:12:40] administratively and that should end in

[1:12:43] July I believe. And when they open that

[1:12:45] back up for new applications for funding

[1:12:48] on that fund on those funds, we're

[1:12:51] hoping to then be able to submit the

[1:12:54] second half. I am currently also working

[1:12:57] with MAG to see if there's any MAG

[1:12:59] funding that can help because we have

[1:13:01] found out that MAG because of how

[1:13:04] they're structured can give

[1:13:07] infrastructure dollars to cities for

[1:13:11] lowincome homes. So they don't give per

[1:13:14] a project necessarily, but what they can

[1:13:18] do is say, well, you have of that mile

[1:13:21] of infrastructure you need to replace.

[1:13:24] Um 30% of that mile is in front of

[1:13:28] lowincome people. Now,

[1:13:31] >> what part of Woodland Hills is low

[1:13:33] income?

[1:13:34] >> So here's the part income retirees,

[1:13:36] >> right? Yes. So if over 65,

[1:13:42] they may qualify. They may be

[1:13:44] multi-millionaires in that home,

[1:13:46] >> right?

[1:13:47] >> But their income is now such

[1:13:49] >> Yeah.

[1:13:49] >> that we would be able to then

[1:13:51] potentially pull some funds there. So

[1:13:54] I'm going to every department that I sit

[1:13:56] on boards for as the mayor and trying to

[1:13:59] claw every cent out of everywhere we

[1:14:01] can, which is fascinating, too, because

[1:14:04] the the more I learn about this

[1:14:07] When you have multiple sources of

[1:14:10] funding for a project,

[1:14:12] more departments and agencies get

[1:14:15] excited and want in and so it becomes

[1:14:18] even easier to get funding. So the more

[1:14:20] Frankenstein we create this funding

[1:14:23] package, the more excited people are

[1:14:26] about being part of Frankenstein.

[1:14:29] So, I am trying to bleed every single

[1:14:33] scent dry before we do the easy option,

[1:14:37] which is add another bill to our 75 or

[1:14:40] $78, $79 a month, right? Cuz it could

[1:14:44] turn into $120 a month. Is that ever

[1:14:48] going away?

[1:14:49] >> Yes. When the bond's paid back, it will

[1:14:51] go away.

[1:14:52] >> That's in 20.

[1:14:56] >> Thanks for that.

[1:14:57] We're going to be 1001.

[1:15:01] >> So,

[1:15:02] >> and you'll be around, Mike.

[1:15:03] >> He can't use this 60,000 to pay it off

[1:15:07] earlier because

[1:15:09] >> it's

[1:15:09] >> because this is general fund money and

[1:15:10] that was a water bond.

[1:15:13] >> There's a lot of other bonds that we've

[1:15:15] got in the general fund that we could

[1:15:16] pay. We just can't pay the water.

[1:15:17] >> Correct.

[1:15:19] >> Yeah. And so what we would need to do is

[1:15:21] if that's the decision or the

[1:15:22] recommendation from this body to the

[1:15:24] city council is we would need to find

[1:15:27] with our you know Mark Anderson over at Zans would be able to help us

[1:15:33] identify which piece or which bonds we

[1:15:37] would then be able to potentially pay

[1:15:39] off early because I know some of them

[1:15:40] were barred from paying off early

[1:15:42] without penalties which would exceed the

[1:15:45] 60,000 contribution. Lori, what's our

[1:15:47] interest rate on that water bond that we

[1:15:49] got?

[1:15:50] >> That was like 3%, wasn't it?

[1:15:52] >> 0%.

[1:15:54] >> Oh, that's right. That is correct. I'm mistaken.

[1:15:57] >> So, we definitely wouldn't want to be

[1:15:58] paying off zero% interest

[1:16:01] >> 2050 loans. All right.

[1:16:03] >> That's right. You are.

[1:16:05] >> Thank you.

[1:16:06] >> And so, this is another thing if people

[1:16:08] ask you guys, and I believe mostly for

[1:16:11] you, Michael, is new on the committee.

[1:16:13] Um, and I believe you've actually heard

[1:16:14] this in city council meetings. Um, but

[1:16:17] this new bond that we're going for right

[1:16:19] now to pay help pay for the third phase

[1:16:22] of the payment management plan for the

[1:16:26] roads. Um, by doing it this way, as

[1:16:30] we've run the numbers conservatively,

[1:16:32] it'll cost us about $1 million less than

[1:16:35] if we say saved and went out for it.

[1:16:39] >> This was the analysis that Tim helped us

[1:16:41] look at. cost of construction inflation

[1:16:43] versus just doing it all upfront bonding

[1:16:47] >> which is so different.

[1:16:49] >> Any other questions?

[1:16:50] >> Nope.

[1:16:52] >> Erin, you have any questions?

[1:16:54] >> No. As I look down through this list and

[1:16:56] see funding everything except for and

[1:16:59] the except fors um we can see why

[1:17:03] there's a good reason to hold off on

[1:17:05] that because it's not terribly urgent.

[1:17:08] Um,

[1:17:10] and as I look through the requests of

[1:17:13] how much they're requesting to do

[1:17:14] various things, I don't see anything

[1:17:17] here that jumps out at me and goes,

[1:17:18] "Whoa, that's way out of proportion."

[1:17:24] » And Michael, did you see in there that I

[1:17:26] did add?

[1:17:27] >> Yes.

[1:17:28] >> Um, access.

[1:17:30] >> Thank you.

[1:17:31] >> Um, I should have somebody actually come

[1:17:32] in to help bid that project tomorrow.

[1:17:34] So, we should actually be able to even

[1:17:37] get that done this budgetary cycle.

[1:17:39] >> What was this?

[1:17:40] >> Uh, access this side of the building

[1:17:43] accessible.

[1:17:44] >> This side. Are you saying some is and

[1:17:47] some is not?

[1:17:48] >> Correct. The offices are, but you can't

[1:17:50] access this room or the um

[1:17:52] >> Oh, right. Yeah. Because you got a step

[1:17:54] to get up in

[1:17:55] >> the activity.

[1:17:56] >> Yeah.

[1:17:56] >> So, we're going to turn that middle set

[1:17:59] of doors

[1:18:00] >> Uhhuh.

[1:18:00] >> into a ramp.

[1:18:02] >> Nice. So, I've got my concrete guy

[1:18:04] coming to give us a bit on that.

[1:18:08] So,

[1:18:08] >> okay. Um, Lori, we appreciate you being

[1:18:11] here.

[1:18:12] >> Thank you.

[1:18:12] >> You're welcome.

[1:18:13] >> And they will go into the minutes that

[1:18:15] we missed Janet and Tim and want them to

[1:18:19] know that we appreciate them and they

[1:18:22] hope they're having a good time with

[1:18:23] whatever they're doing. So, we'll

[1:18:27] >> Janet is having a good time.

[1:18:30] I know she

[1:18:31] is.

[1:18:32] >> I know that she is.

[1:18:34] >> I imagine Tim's having a fun time with

[1:18:35] Tim's grandson.

[1:18:38] >> And Mike, you need to get over to you.

[1:18:39] And

[1:18:40] >> I do. Do we want to schedule Do we need

[1:18:42] to schedule another meeting?

[1:18:43] >> Um,

[1:18:44] >> should we now or should we wait until

[1:18:46] everybody's Do you want to do it via

[1:18:47] email?

[1:18:48] >> Yeah, I think so. Is that if that's

[1:18:49] okay? Next meeting to be determined,

[1:18:52] >> right?

[1:18:52] >> Um, when is your when are you going to

[1:18:55] vote on this, mayor?

[1:18:57] >> Yeah, that's so good question. So on the

[1:19:00] 12th of this month, so next week,

[1:19:03] Tuesday, um I will be presenting the

[1:19:06] mayor's budget to the council. So

[1:19:08] basically a compilation of what they've

[1:19:10] created and what you guys have then

[1:19:12] talked about. So if you find anything as

[1:19:14] you think about between now and Tuesday,

[1:19:17] please share those thoughts with me um

[1:19:19] or Lori. Um and so I'll be then sharing

[1:19:24] the mayor's budget. um that will then

[1:19:27] start the cascade between now and

[1:19:31] basically the last meeting in June on

[1:19:35] multiple different meetings, public

[1:19:36] hearings, all of those things. Um and so

[1:19:39] then we'll solidify this by then. So I

[1:19:42] will be happy to send out the mayor's

[1:19:45] budget when I've solidified that. Um

[1:19:47] because one of the things that's about

[1:19:49] this document is it's good for working

[1:19:51] on a situation like this,

[1:19:54] but there's as we've seen there are

[1:19:57] errors in here. I assume especially with

[1:20:00] pulling Chris's salary out of 15 places,

[1:20:04] I probably still have some of his salary

[1:20:06] built in here. Um and so when Lori and I

[1:20:10] this week input it into Polaris,

[1:20:13] it will catch all of those potential

[1:20:15] errors that were Ben made. Um, and so

[1:20:18] that's what the mayor's budget will be

[1:20:19] is a full reconciliation of of that

[1:20:22] whole process.

[1:20:24] Um,

[1:20:26] so any thoughts? Uh, key takeaway for me

[1:20:28] or maybe assignment is think about

[1:20:31] potentially some options for any excess

[1:20:34] funds. Don't think about it as a $60,000

[1:20:37] sum just as a for excess funds. We the

[1:20:41] council of finance committee would

[1:20:43] recommend

[1:20:44] XYZ in this prioritization.

[1:20:47] >> Okay.

[1:20:47] >> Right. So we'll we'll give you notice on

[1:20:50] that. And then I did want to make

[1:20:52] mention that Charlene Wild

[1:20:56] right?

[1:20:56] >> Yep.

[1:20:57] >> Charlene Wild. Will she be attending

[1:21:00] these meetings?

[1:21:01] >> Uh she can.

[1:21:02] >> Okay.

[1:21:03] >> Um

[1:21:05] yeah. And you'll see she actually is

[1:21:08] primary residence in St. George.

[1:21:10] Apparently that's a trend.

[1:21:11] >> So she'll probably attend online most of

[1:21:13] the time.

[1:21:13] >> Um she actually works in Orum two days a

[1:21:16] week and one of those is a Tuesday

[1:21:18] evening.

[1:21:19] >> Okay.

[1:21:20] >> So she said she can pop in on these

[1:21:22] types of meetings.

[1:21:23] >> So do you mind if I give her a call?

[1:21:25] >> No, I do not mind at all.

[1:21:26] >> Okay.

[1:21:27] >> Please.

[1:21:27] >> Is who's doing more of the bookkeeping?

[1:21:31] Is it Lori or is it Charlene? She's just

[1:21:34] doing end of month stuff.

[1:21:36] >> It is a checks and balances.

[1:21:39] most of it and she'll check look for my

[1:21:42] errors,

[1:21:44] but I'm here, you know, all day entering

[1:21:47] a lot of things.

[1:21:49] >> Thank you.

[1:21:50] >> So,

[1:21:50] >> thank you.

[1:21:51] >> But I'm just thinking, does it make more

[1:21:54] sense to have Lori here answering

[1:21:57] questions with finance committee than

[1:21:58] having Charlene? That's just the state

[1:22:04] » I guess it would depend on the types of

[1:22:06] questions. Yeah.

[1:22:08] >> Well, she's going to be doing what Chris

[1:22:09] did

[1:22:11] >> um in some capacities. Are we adjourned?

[1:22:13] >> Yes.

[1:22:15] >> But

[1:22:15] >> do we need to make a motion? How do you

[1:22:16] guys usually adjourn this meeting?

[1:22:19] >> Um like leaves.

[1:22:20] >> I always do a motion, but

[1:22:23] >> Okay.

[1:22:23] >> With with so many few people, we don't

[1:22:25] have quorum.

[1:22:27] >> Perfect. Okay. I'm going to kill this.

[1:22:29] >> I'm going to kill this.

[1:22:31] >> Yeah.

[1:22:36] If you ever need me here, let

Finance Committee Meeting May 5 2026

Transcript