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HomeMy WebLinkAbout2009-03-04 Council minutesr 1 ~~~~~ ~ ~~~~~ ~ ~~,~~- C 1 TY O F IOWA CITY MEMORANDUM Date: March 12, 2009 , To: Mayor and City Council From: Marian K. Karr, City Clerk Re: Council Work Session, March 4, 2009, 6:05 PM in Emma J. Harvat Hall Council: Bailey, Champion, Correia (arrived 6:25), Hayek, Wilburn, Wright. Absent: O'Donnell UISG Rep.: Gunn Staff: Lombardo, Helling, Karr, Dilkes, O'Malley, Lewis, Craig (A complete transcription is available in the City Clerk's Office and on the City website) PRIORITY SETTING City Manager Lombardo facilitated discussion on prioritization of current City services. Finance Director O'Malley present for discussion. Handouts distributed: ^ City of Iowa City -General Fund ^ The Priority Setting Process (Utilizing GFOA's Priority Setting Models for Public Budgeting) After discussion a majority agreed to the following: a) Council involvement in developing parameters; identifying criteria, categories, and ranking b) Remove personnel and operating cost from the FY10 budget for Fire Station # 4, and include project in the process c) Consider additional revenue options including increased fees d) Explore all purpose cost cutting e) No interest at this time in exploring outsourcing or privatization f) Fund reserve balance policy of no lower than 20%, optimum of 25% g) Goal to reduce $250,000 in FY10 budget h) Goal to reduce $1million in FY2011 budget i) Implement regular review of financial performance measures Overhead: ^ City of Iowa City -General Fund (Decision after discussion) In order to schedule additional priority setting sessions Council will update City Clerk with. availability and a proposed schedule drafted for Council review. Meeting adjourned 7:40 PM.