MINUTES
OTHERS: C.E.’s Office: Bill Randolph, Ingrid Bent; Budget Dept.: Kate Carrano, Leslie Bennett; Law Dept.: Jim Robertson, Tami Altschiller; CBAC: George Hosey, Barbara Strauss; Finance Dept.: Commissioner Pucillo; BOL: Tara Bernard, Peter Neglia, Sally Schecter, Christopher Chang, Tina Seckerson
Chairman Wishnie called the Budget Committee meeting to order at 10:15 a.m.
DISCUSSION:
MINUTES:
On motion of Legislator Kaplowitz, seconded by Legislator Young, the minutes of May 1, 2000 was carried by a vote of 7-0.
WCHCC AGREEMENT:
· On May 1, 2000 the Budget Committee and the Health Committee signed out several WCHCC agreements. One of the agreements was for the approval of a service contract with WCHCC for solid waste removal services in the amount of $205,000. Subsequent to that meeting WCHCC contacted the County and requested additional solid waste removal services.
· WCHCC would like to have solid waste services six days per week as opposed to five days per week as originally contemplated.
· The additional services will change the amount the County will receive to $250,000.
· This legislation will be amended on the floor of the Board at tonight’s meeting.
COMMITTEE ON BUDGET & APPROPRIATIONS
MINUTES – MAY 8, 2000
PAGE 2
1ST QUARTER PROJECTIONS:
· State was behind 9 months on distribution of sales tax. State is now current and back on track. As a result of that it looks like the sales tax numbers will be exceeded by the $7 million that was budgeted.
· State budget is in place and the magnitude of the state impact is not that bad. All cuts from prior years (1998 and 1999) still stand. Some potential cuts for this year have been restored in the budget.
· Projecting $18.5 million fund balance (strictly results from operations, does not include rainy day fund).
· Still tight on the expense side of the budget. All of the additional money coming in is on the revenue side.
· Hotel industry is continuing to do very well, looks like we will exceed the budgeted number.
· Some additional revenues coming in on federal and state aid.
· Employee Health Insurance: Tracking catastrophic claims on a weekly basis and we are below where we were last year.
· Miscellaneous Budget Expenses: $9,000 projected deficit is in Tourism. As they are showing an increase in revenue they are showing a comparable increase in contribution to the Tourism Trust Fund. Statute is 15% into the Trust account annually.
· All of the tobacco money budgeted for this year has been received. We received about $400,000 more than anticipated.
· DSS Family Assistance caseloads are decreasing. People are moving off of welfare and into jobs. We are subsidizing day care.
INVESTMENT POLICY:
· Commissioner Pucillo stated that this legislation contains some language changes and clean-up.
· New depository banks that have been added: HSBC is a conglomeration of several other banks (Republic National, Marine Midland)
· All of the thirteen banks are not used but are there if we need to use them.
· Committee requested a list of year end investments.
· The Commissioner was asked if there is any spot checking of cash at parks during the summer months. He stated that there are parks controls in place.
MINUTES – MAY 8, 2000
PAGE 3
· The Committee will discuss this matter further at next week’s meeting.
A&C CALENDAR:
The A&C Calendar for May 11, 2000 was distributed.
ADJOURNMENT:
There being no further items for discussion, on motion of Legislator Kaplowitz seconded by Legislator the meeting was adjourned at 11:30 a.m.