Watch the Budget Meeting live on Facebook:
1. CALL TO ORDER
2. ROLL CALL
3. PLEDGE OF ALLEGIANCE
A. FY20 Budget Workshop
A question has arisen from Councilman Phil Goode is whether or not the PSPRS ARC (Annual Required Contribution) amount should remain stable, and not reduce due to what the total amount owed was.
Ok, this can get confusing.
The ARC is based on a percentage of what is owed. Since the amount owed is lower today than it was a couple of years ago, the ARC is lower than it was then.
The question is whether or not the ARC should remain the same as if the balance were not being reduced.
The general consensus seems to be that the ARC should be paid according to PSPRS calculations, not according to previous balances. The City is also paying about $15M extra per year from the extra sales tax that the voters agreed to a couple of years ago.
Revenues are up overall, and expenditures are also increased.
A $1 M is in the budget from AZ state - this will help the terminal.
Increasing Prescott's visibility to CEOs and decision makers especially in venture capital capital and high tech firms.
Groundbreaking to be done in June on the Hilton Hotel.
Eviation will also be using city-owned facilities for their operations.
"There is a sense, I believe, hopefully universally, that the City is interested in partnering..." City Manager Michael Lamar
They are revising the City water resource management approach and policies, which will contribute to an improvement in quality of life.
Public Works is catching up on a "ton of overdue projects".
Code Enforcement is being changed to the Neighborhood Services Division.
Last year, there have been 3 neighborhood cleanups in FY19. There will be 2 more in FY20.
They provide tools, work with volunteers, organize efforts to clean up and enhance neighborhoods.
Councilman Goode offers compliments on the efforts and results of the Neighborhood Cleanups.
In the last Neighborhood cleanup, they collected 11.3 tons of trash.
New newsracks are being installed, probably in the 2nd week of June.
The goal is to have a more service-oriented culture in a variety of areas. There will be more outsourcing to help with that.
FY20 Capital - Airport
The need from the general fund is not limited to 2020, but to several years forward.
They will move up in rankings from 450 busiest airport to 350 busiest airport.
They plan to have a groundbreaking in September or October.
They are very highly ranked in Arizona.
The terminal cost is about $15M, $13.3M is eligible from the federal government.
The TWY Charlie realignment is about 97% covered.
"We're still looking at beyond the next 2 years a significant federal government investment
Projects in Capital Works
Maintenance/Preservation/Rehab projects: $8.969M (a significant increase from past years)
"Using the right dollars for the right projects and the right methods..."
Circulation Projects $1.746 M
Roadway Reconstruction Projects (Total reconstruction) $16.413M
E. Goodwin St., Washington Streets
Drainage Projects $1.150M
Water Capital Projects
Water Production Projects $25.655M
Water Distribution Projects $2.872M
Water Quality Projects $338,239
(will complete TMDL study and action plan)
Wastewater Collection Projects $18.748M
Wastewater Treatment Projects (no budgeted projects for FY20)
Total Public Works Capital: $82,409,679
"This [budget] is pretty lean, it's one of the best I've seen," said Councilmember Jim Lamerson.