1985 JUN 25 CC MINX fil70
MINUTES OF THE ADJOURNED REGULAR
MEETING OF THE EL SEGUNDO CITY COUNCIL
JUNE 25, 1985
CALL TO ORDER was made by Mayor Armstrong at 4:00 P.M. in the Council
Chamber of the E1 Segundo City Hall.
PLEDGE OF ALLEGIANCE was led by Mayor Armstrong.
ROLL CALL was taken by City Clerk Hart
Councilman Jacobson
- present
Councilman Schuldt
- absent
Councilman Siadek
- absent
Mayor Pro Tem Synadinos
- present
Mayor Armstrong
- present
PRESENTATION
Budget Study Session for the Fiscal Year 1985 -86.
Mayor Armstrong gave a brief overview of the last meeting indicating that he
felt there was a great deal accomplished on philosophy. The Mayor did have
some general questions on the amount of money spent and the actual monies
allocated by Council. He also wanted to know why there were increases in the
various departments.
Councilman Siadek arrived at 4:13 P.M.
Councilman Schuldt arrived at 4:14 P.M.
City Manager Romaniello stated that any expenditure that was not in the budget,
automatically comes before Council for approval. Therefore, any monies spent
over the actual budget originally approved, was approved later in the year by
Council. Mr. Romaniello further indicated that what the Council does not see
is that at the end of the year some of the money not spent is "put back in"
the system and this is not reflected.
At 4:19 P.M. Councilman Siadek left the Council Chambers and re- entered at
4:24 P.M.
Mayor Pro Tem Synadinos asked if these were actual expenses reflected and if the
money shown was actual money spent. She also inquired where the requested money
was put back if not completely used.
Lengthy discussion ensued from Council and City Manager Romaniello. Mr.
Romaniello continued that the unspent money is put into the General Fund
Reserve.
Director of Finance Jose Sanchez stated that Finance tried to show the funds
that are going to be available for the upcoming year's cost of operations. This
is reflected on the budget summary page - at the beginning of the year and the
financial position of the fund at the end of the year based on the estimated
revenues that fund is going to derive and the estimated appropriations that are
going to be charged against the fund. What the bottom line doesn't show is what
revenues are coming in for the year and the operating cost that are projected
for that year.
Discussion ensued regarding a balanced budget and no use of reserve funds.
City Manager Romaniello indicated that if reserve funds were totally not
considered then City fees would have to be adjusted upward accordingly to make
sure there is a balanced budget.
Discussion ensued regarding short -fall and supplementals.
City Manager Romaniello emphasized the need for a program budget to reflect the
increases and day -to -day needs of departments - reflected over a 3 -4 -5 year
projection.
Councilman Schuldt indicated using the reserves to take care of all the
supplementals - but making it a one time procedure so everything is brought up-
to -date.
This prompted a lengthy discussion on the reserve funds.
Discussion was then initiated regarding Capital Improvement Funds.
City Manager Romaniello indicated that he was not prepared to discuss the
Capital Improvement Program in any great detail at this time.
ADJOIIYHKENT - No other business coming before Council at this session,
the meeting was adjourned at 6:20 P.M. to June 25, 1985 at 7:00 P.M.
APPROVED:
U11 C K. Armstrong, Mayor
-2-
City Clerk
Council Minutes
June 25, 1985
X G57