City of Troy, MissouriBudget Workshop

Thursday, May 31, 20186: 30 P.M.

Present for the meeting were Aldermen Walker, Detert, Norman, Sconce, Anderson andMayor Cross. Alderman Curt was not present. Also present were Public Works

Superintendent Cunningham, Building Official Lindsey, Police Chief Taylor, ParksDirector Howell, Wastewater Superintendent Peasel, Water Superintendent Lourance,

Treasurer Flinn, and City Clerk Schneider.

Mayor Cross called the Budget Workshop to order and announced a quorum present.

Treasurer Flinn handed out revised FY2019 Budget Summary, Departmental BudgetRequests and Capital Project worksheets ( attached) and relayed the revisions made to the

budget since the first budget workshop dated May 15, 2018: Revenues were slightly changed (-) in Franchise; (+) up in Municipal Court; and

Sales Tax in the General Fund

Incorporated changes per directives received at first budget workshopIncorporated changes per actions at May 21, 2018 Board of Aldermen MeetingDecreased the cost for the Main Street Bridge from $125, 000.00 to $70,000.00

after receiving actual bid in Streets: Capital ProjectsAdded a new budget request for SCADA Upgrade at Water Plant of $20,000.00 inWater Fund

Removed Shop Truck $ 17, 000.00 from General Fund and divided the cost amongWater and Sewer Funds

Added a new budget request for Safety Equipment/Fall Protection at WastewaterTreatment Plant of $16, 500.00

Added Maintenance Shed Budget, Line Item: Furniture and Fixtures/Office

Equipment of $4,000.00

Split the cost of TOPS Software $7, 876.00/Annual Maintenance $ 1, 376.00

between Administration (General Fund) and Water Fund

Increased Aquatic Center (General Fund), Line Item: Repair & Maintenance

from $4,000.00 to $9, 000.00, which in turn increased transfer from General Fund

to Aquatic Center Fund by $ 5, 000.00Moved the following FY2018 items into the FY2019 budget:

a) Bulk Water Dispenser $ 10, 000.00

b) Cremains Garden $ 10,000.00

c) Ballfield Electrical Upgrade $ 2, 000.00

1, 672.00 completed FY2018)

d) Seal Coat Lots in Park $ 12, 000.00

May 31, 2018 Page 1

Mayor Cross added that the Main Street Bridge bid included materials, rental equipment

and new sidewalk on the East side of the bridge. The City crew would be tearing out theold bridge.

Alderman Sconce requested that the Three -Side Building with Lights & Gravel Floor at

55, 000.00 be removed. Clint agreed. Alderman Sconce requested the Additional

Employee for MS4/GIS be removed. Dave agreed but as a unified decision amongst all

present. Dave continued that they were three commercial permits down but above inother areas ofBuilding Department budget resulting in a current situation of +$29,795. 29

over last year' s projection.

Alderman Norman asked about the cost -share for the Wal-Mart & Highway 47Crosswalk. Mayor Cross relayed the cost -share may occur among MoDOT, Wal-Mart, Lincoln County and the City due to the near misses/ citizen safety at that intersection.

Treasurer Flinn explained the Cherry Street Improvements Project would be funded inpart by STP ( MoDOT) and NSP (Neighborhood Stabilization Program- CDBG) of

750,000.00.

Mayor Cross explained that Aldermen Sconce and Walker joined him to discuss health

insurance and plan to meet again before making recommendation to the entire Board dueto the projected 30% increase in cost.

The discussion of salary increases began with discussion ranging from 1- 1/ 2% to 3%

raises, I% budget pooled by department and recommended by Department Director, increases for hourly employees only or lower-income employees for retention purposes. It was decided that a third quarter budget amendment for raises may occur depending onthe actual increase in health insurance costs.

Alderman Norman asked about the voluntary property tax rollback (decrease) of fifteencents per $ 100 assessed valuation offered to encourage passage of the capital

improvement sales tax to build the pool and improvements to streets and sewers. The

voluntary rollback may be changed in even -numbered years. Discussion ensued that thesales tax nets more revenue targeted for capital improvements and was a good trade-off

for residents.

Alderman Anderson requested Department Directors offer suggestions in lieu of raisesfor employee retention. These suggestions included time -off, retirement, health

insurance and retirement benefits. Alderman Sconce requested that it is relayed to allemployees that 30% increase in health insurance benefits has been included in the budget.

May 31, 2018 Page 2

The Board did not schedule an additional Budget Workshop. The meeting adjourned at7: 12 p.m.

ATTEST:

OM .1,

Y&A&4J . Schneider, City Clerk Mark A. Cross, Mayor

May 31, 2018 Page 3