HomeMy WebLinkAbout1993.04.12_Sales Tax Watchdog MinutesITHRUtes
Sales Tax Watchdog ,,r, _�;
City �, O ., ��
April ,� 9 v
The Owasso Sales Tax Watchdog Committee met in regular session on Monday, April 12, 1993
at 7 ®00 PM in the Council Chambers of the Owasso Community Center
Item 1. Call to Order
The meeting was called to order by lean Siemens in the absence of Chairman Philippi at 7:05
p.m.
Item 2. Roll Call
�
Rodney J. Ray
Sherry Bishop
Steve Compton
Jo Ellen Krantz
Item 3. Consideration to rove Minute of Januar 11 s 1993.
Mr. Kimball moved that the minutes be approved as presented. Motion seconded by John
Toth, motion passed.
Sales `fax Watchdog Committee Agenda
April 12, 1993
Rage 2
Item 4, Presentation Discussion of Financial Reports
Review of Sales Tax Report:
Ms. Bishop presented current financial reports stating that the April sales tax check was only
up 1 % over the same period last year. As a result, the city is behind in its budgeted projections.
Even with this current budget situation, both the required debt service and the deposit to the
capital future fund can be met.
Review of Quarterly Project Report:
There has been no change during the past quarter in any of the project funds. With the onset
of spring, several projects are beginning to prove forward so this report will see some changes
at the next quarterly meeting
Item 5, consideration Ant�roval of ®uarteort for Public Distribution
This will be the last time that be on the quarterly io Following d:.o •_ at the report -' approved fo public
distribution. Motion c ! by Mr. Kimball and approved.
Item 6, Cleneral Discussion of Proiects Pra,v ®grass Rer�ort
Mr. Ray presented a review of projects in-progress and pending.
Item 7a I�resentation of �ropos�d 199394 �apiialrovernents Report
Mr. Compton presented an overview of the 199394 Capital Improvements Report. Questions
from the committee and discussion of specific items followed his report,
Item 8. Qld Business
Two positions on the committee remain open:
1) Finance
1) Public at Large
It is anticipated that these openings will be filled by the next quarterly meeting in July,
Sales Tax Watchdog Committee Agenda
April 12, 1993
Page 3
Item 9° New Business
Item 11. Ad °ourn
I'dotion to adjourn was ..d, by Tom Kimball, +- s o ld Merrill motion passed,