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Agenda - 2012-04-26 LAKE OSWEGO AGENDA CITY OF LAKE OSWEGO Centennial 1910-2010 BUDGET COMMITTEE MEETING 380 AAvenue Lake Oswego,OR 97034 Thursday,April 26, 2012 6:00 PM 503-635-0254 www.ci.oswego.or.us City Hall - Council Chambers 380 A Avenue Contact: Kam Frederickson Also published on the internet at: Email: kfrederickson@ci.oswego.or.us www.ci.oswego.or.us Phone: 503-635-0254 The meeting location is accessible to persons with disabilities. To request accommodations, please contact City Recorder's Office at 503-635-0236, 48 hours before the meeting. I. Welcome and Introductions (10 minutes) II. Elections for Budget Chair and Vice Chair (5 minutes) III. Approval of prior budget committee meeting minutes from May 19, 2011 and May 24, 2011 (5 minutes) IV. Role of the Budget Committee; ground rules; expectations; and background information (5-10 minutes) V. Council Goals (5 minutes) VI. City Manager's Budget Message presented with Major Changes and Themes (10-15 minutes) • Financial Trends, Polices, and Guiding Principles • Major Changes and Proposed Budget Highlights VII. FY2012-13 Proposed Budget Overview (15 minutes) • Revenue • Expenditures • Fund Balance/ Reserves VIII. Overview of Budget Drivers, Issues, and Trends (15 minutes) • Property Tax, Franchise Fees, and Other Revenue Trends • Equipment/Vehicle Replacement Set-Asides/Reserves • Public Employee Pension System (PERS) and Health Insurance • Major Capital Facilities Needs/Financing Analysis IX. Public Comment— Input Opportunities (3 minutes each) X. Next meeting—Overview and review of other funds Next Meeting: Thursday, May, 3, 2012 Council Chambers 6:00 p.m.