The INDEPENDENT, June 19, 2003
Page 13
City of Banks nears completion of 2003-04 budget process
The City of Banks Budget
Committee concluded its work
May 29, making final changes
to the proposed budget. A re
quest for funding from Little
Guy Football was referred to
the city council and will be con
sidered at the June council
meeting. The regularly sched
uled June 10 council meeting
was postponed until June 17
due to lack of a quorum.
In order to allow for greater
spending flexibility, Traffic Im
pact Funds were exchanged
with Washington County for
MSTIP funds designated for
traffic improvements in small
cities. This allowed the commit
tee to use $130,000 for the
Sellers
Road realignment,
$50,000 for a public works facil
ity to be built next to the library,
and $20,000 for improvements
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on Oak Way. The total budget
ed for Oak Way improvements
will be $101,000.
Previous adjustments made
by the committee include:
• An increase of $15,000 in
the amount transferred from
the general fund to the police
department for a new car.
• $1000 for the purchase of
Christmas decorations.
• Increase of $15,000 in the
amount transferred from the
water fund to the water depreci
ation fund.
• Denied an additional $1500
transfer to the library fund, but
allowed the library to continue
paying PERS benefits to part-
time library employees.
The approved budget also
AVHA again tries to move City
along on Greenville Park action
Benjamin Pearl, Secretary/ nance required by AVHA
Treasurer of Arbor Village CC&R’s. According to Birr, con-
Homeowners
Association tinuation of the existing agree-
(AVHA), told the Banks City ment while discussing funding
Council, June 15, that the options allows for continued
AVHA believed the Parks Main- operation.
tenance Agreem ent (PMA)
Following discussion about
would not remain in effect after possibly replacing, or supple-
July 1st, and suggested that m enting, the
m aintenance
AVHA would stop watering the agreement with a levy, council
park and/or stop paying the wa- members directed city attorney
ter bill.
Jim Lucas to begin drafting a
Following a mid-council ex- park levy and to furnish the
ecutive session, Councilor parks committee with informa
Ryan Birr told Pearl that the tion and model levies.
PMA is a management agree-
Council must approve a levy
ment that gives AVHA control of at their July 8 meeting in order
activities in Greenville Park to get it to the Washington
through the composition of the County elections office by the
Parks committee in considera- July 17th deadline for inclusion
tion for money for park mainte- on the September ballot.
$
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differed from previous years’
budgets by allocating wages
and salaries, insurance and
worker com pensation across
funds to accurately represent
where employee time is spent.
A balloon payment from the
sale of property will be used to
reduce the city’s debt (in the
W ater Fund) and increase
bonding capacity.
The budget was unanimous
ly approved by com m ittee
members Robert Murdoch, Bri
an Biehl, Jeanette Granny, Kirk
Andrews, John Deegan, Teri
Branstitre, Jim Brandstitre Gary
Coffey and Bob Orlowski. The
city council must make any last
minute changes and adopt the
budget by June 30.
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