2018-07-05 / News

Special city council meeting helps city finish 2017-2018 fiscal year ‘cleanup’

By Tanya Terry
810-452-2645 * tterry@mihomepaper.com

BURTON — A special city council meeting was held June 27, with one of the purposes being to take action on the fiscal year 2017-2018 budget amendments, otherwise known as “end of the year cleanup.”

“We’re trying to put up more traffic signs and improve the city,” said City Controller Karen Moffitt.

The council voted to decrease the fringe benefits line item by $5,000 to increase the traffic signs line item by $5,000.

The council voted on whether to approve and authorize a budget amendment in the major streets fund. Since more time is being spent replacing signs throughout the city, there needed to be an amendment on what was put in the retirement accounts of those who worked on signs.

The amendment involved a decrease in the contractual services line item by $17,700, increase the fringe benefits-surface maintenance by $17,000, increase the retirement-MERS Active-Traffic Signs line item by $100 and decrease the fringe benefits-drainage line item by $10,300.

Another item was to approve an authorize a budget amendment to increase the Master Plan budget line by $500 and decrease the city council newsletter by $500.

“The Master Plan budget was $10,000, said City controller Karen Moffitt.

“At the last meeting, because we had not used all the funds, I needed something else to cover the funds in the city council line items,” Moffitt added. “So, I looked for the detail for the Master Plan and I thought it said final payment. So, I thought we had made all the payments.”

Moffitt said she used the remaining balance in the Master Plan account to fund another line item. But, the city had just received another invoice for $400. So, money had to be put back into the Master Plan line item.

Councilman Danny Wells asked Moffitt if she was aware the council was in the process of working on the council newsletter project. She said she didn’t think council was going to spend the approximate $4,000 in the line item by June 30, the end of the fiscal year.

The council voted for the funds to be moved.

The council voted on 11 other budget amendments and approved the purchase of generic service credits for two city employees. The purchase of a five-year generic service credit for the approximate amount of $78,998 was approved. Before the purchase, the employee’s earliest eligibility retirement date was October 1, 2031 for a retirement age of 57 years and seven months. The annual benefit amount will be $69,291. After the purchase, the employee’s earliest eligibility retirement date will be March 1, 2029 for a retirement age of 55 years. The annual benefit amount will be $69,095.52. The council approved the purchase of one year two months of generic service credits for the approximate amount of $13,695. Before the purchase, the employee’s earliest eligibility retirement date was July 1, 2034. His earliest retirement age was 55 years and his earliest benefit was $85,035.48. After the purchase, the employee’s earliest eligibility retirement date was July 1, 2034. His retirement age is 55 years and his annual benefit will be $88,253.04.

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