Finance director reviews March numbers; committee approves revised part-time customer service job description

Judy, the city's financial director, reviewed the March 2024 expenditure and revenue reports, noting that quarterly timing and early tax collections distort simple percentage expectations. She said tax receipts totaled about $3,000,000 against a $4,000,000 budgeted estimate for the line discussed and that interest revenue is tracking above expectations.

Judy reviewed bonding and capital projects, citing the downtown TID 5 project with an estimated cost of about $5.4 million and an 80/20 state grant of roughly $2.9 million. She said one downtown sanitary sewer project had an estimated cost of about $1,051,000 and that actual spending exceeded that estimate; she said approximately $373,000 of that excess is expected to be returned through special assessments. Judy also noted ARPA reporting obligations and that the ARPA allocation for downtown remains unspent (she cited ~$742,000 related to that project). She outlined upcoming state reporting deadlines and maintenance-of-effort requirements related to recent state funding changes.

On personnel, staff presented a revised job description to combine and generalize duties for a part-time customer service team member so the position can flex across the entire municipal building (elections, tax collection, Parks & Rec, Public Works). The committee approved the revised description; the position is budgeted for 2024 and will be advertised.

The meeting adjourned after a motion and second were approved by voice vote.