HomeMy WebLinkAbout02-27-18 Canton City Council Budget Planning MeetingAGENDA
STRATEGIC PLANNING MEETING FOR THE
PURPOSE OF COMPILING THE 2018-2019 ANNUAL BUDGET
Tuesday, February 27, 2018
5:30 p.m.
Canton Historic Depot, 50 N. Fourth Avenue, Canton, IL
Mayor Comments – Mayor Kent McDowell
Overview of Current Budget Status
A) Revenues
B) Expenses
Sales Tax Increase
A) Referendum Date – Tuesday, March 20
B) Request Volunteers to speak to community organizations
Discuss and Consider Pension payment Plan Options for FY 2019
A) IL Department of Revenue Suggested Contributions
B) Lauterbach & Amen Suggested Contributions
C) Lauterbach & amen Transition Plan
D) Straw Poll to determine what amount is to be included in FY 2019 Budget
Water/Sewer
A) Capital Improvement Budget
B) Rate Structure
a. O & M Revenue
b. Bond Revenue
Discussion and Questions on Individual Departments’ Budgets
Wrap Up and Next Steps
A) Objectives and Due Dates