Tag Archives: Budget and Finance Committee

Morning roundup

The City Council’s budget and finance committee meets at 3 p.m. to discuss budget versus actual through September, the first three months of the fiscal year.

Posted in Budget crisis | Tagged | Leave a comment

Committee back

Regarding how the City Council’s budget and finance committee came Monday to be involved again in the budget process – after it was decided at a council meeting a week ago that the budget would return to the full council – Councilman Dale Fritchen, the committee chairman, said this afternoon, “We just did the appropriate […]

Posted in Budget crisis, Uncategorized | Also tagged | Leave a comment

Looking for direction

I missed this afternoon’s budget and finance committee meeting. Record staff writers Jennifer Torres and Ashlee Lubniewski sat in. The following account of the meeting is from their notes.   Mayor Ann Johnston, Vice Mayor Kathy Miller and City Council members Elbert Holman Jr. and Diana Lowery toured Port of Stockton this morning by bus, […]

Posted in Budget crisis, Gordon Palmer, Uncategorized | Also tagged , , , | Leave a comment

Budget and Finance: Done, and no news on labor

Mark Madison is done. Before closing, Councilman Dale Fritchen is asking if there is anything new to report on labor negotiations. The city’s self-imposed deadline for having concessions is Thursday. “Nothing new to report today,” Deputy City Manager Laurie Montes said. She said the union and administration are continuing to meet and that she hoped to […]

Posted in Budget crisis, Live from City Hall | Tagged | Leave a comment

Budget and Finance: Madison wants stormwater and wastewater rate hikes

4:40 p.m. Municipal Utilities Director Mark Madison is finishing up (Moses and Garcia are just back; Taylor came back a while ago). Madison wants the committee’s blessing of a proposal to the full council to conduct a study to justify increases in stormwater and wastewater rates. That is in addition to the water rates that are expected to increase to fund […]

Posted in Budget crisis, Mark Madison, Municipal Utilities Department, Uncategorized | Also tagged | Leave a comment

Budget and Finance: Madison in the MUD

4:05 p.m. Municipal Utilities Director Mark Madison is up to talk about his department. In his introduction, he mentioned rookie City Councilman Elbert Holman Jr. had not yet had a chance to “play in the MUD.” It is late in the afternoon, however, and Madison is losing his audience: Chief Financial Officer Mark Moses just walked out. So did […]

Posted in Live from City Hall, Mark Madison, Municipal Utilities Department, Uncategorized | Also tagged | Leave a comment

Budget and Finance: Paying for retiree medical

3:55 p.m.: To build the Health Fund and reduce Stockton’s $388 million unfunded retiree medical liability, the city has increased each department’s Health Fund contribution from $1,550 per month per employee to $1,700 per month per employee, Budget Officer Joe Maestretti said. The administration has proposed increasing that contribution to $1,875 in fiscal 2009-10. The […]

Posted in Budget crisis, Labor | Tagged | Leave a comment

Budget and Finance: Proposal for a $4.7 million dent in a $388 million liability

3:45 p.m. Budget Officer Joe Maestretti has finished talking about the last equipment-related Internal Service Fund (Central Duplicating Fund), and is on to another set: Risk Management Fund (revenues down), Worker’s Compensation Fund (revenues down) and … The Health Fund, where the city might begin to address its $388 million unfunded retiree medical liability. The fund’s […]

Posted in Budget crisis, Labor, Live from City Hall | Tagged | Leave a comment

Budget and Finance: Maestretti on ISF

3:25 p.m.: Budget Officer Joe Maestretti is in the second chair to present budget projections for Internal Service Funds. Fleet Fund: Expenses are projected to be $7.7 million in fiscal 2009-10, down from $8.3 million projected in the current fiscal year. Vehicle purchasing, fuel and administrative costs are all projected to be down. Ending fund […]

Posted in Budget crisis, Live from City Hall | Also tagged | Leave a comment

Budget and Finance: Moses on accounts receivables

City Councilman Dale Fritchen has called this afternoon’s meting of the Budget and Finance Committee to order. Sitting in for City Manager Gordon Palmer (in Washington) is Deputy City Manager Laurie Montes. No member of the public commented during public comment. Chief Financial Officer Mark Moses is presenting to the committee a report on accounts […]

Posted in Budget crisis, Live from City Hall, Uncategorized | Also tagged | Leave a comment