[1) CALL TO ORDER AND ESTABLISH QUORUM]
[00:00:10]
TIFFANY STILLWELL, AMY GANDY, ASHLEY VAUGHN, DANIEL DUCKWORTH.THANK YOU. ITEM TWO IS PUBLIC COMMENTS. AND THERE ARE NO PUBLIC COMMENTS TONIGHT.
[3) REGULAR AGENDA]
FISCAL YEAR 20 2026 2027 BUDGET. JOSH ARMSTRONG THANK YOU, MISS GANDY.HI, GUYS. GOOD AFTERNOON. SORRY. SO IN FRONT OF YOU YOU HAVE YOUR BUDGET DOCUMENT.
I WAS ASKED TO ADD THE CITY ADMINISTRATIVE SERVICES.
IT IS PART OF THE BYLAWS. WHEN I USED A CALCULATION SHEET THAT I USE FOR MY ENTERPRISE FUNDS, IT WRAPPED IN SOME ADDITIONAL THINGS AND IT MADE THAT NUMBER 316,000 INSTEAD OF THE 35 IT WAS SUPPOSED TO BE.
AND SO ON YOUR SHEET IT IS EDITED, BUT IT IS.
AND THEN THEY CAN SEND IT TO YOU GUYS. IT WILL BE THE CORRECT VERSION, I DO APOLOGIZE.
OUTSIDE OF YOUR OPERATIONS, NOT MUCH HAS CHANGED.
NOW WHAT HAS CHANGED WILL BE ON THE BACK SIDE UNDER YOUR OTHER EXPENSES.
SO THE BIGGEST THING THAT WAS ADDED FOR YOUR 2627 FISCAL YEAR BUDGET IS THE 380 AGREEMENT COST FOR COSTCO RIGHT NOW, JUST OFF THE LIMITED INFORMATION I HAVE, I HAVE THAT FOR YOU GUYS AT $627,000.
REMEMBER THAT THERE IS A CORRESPONDING REVENUE COMPONENT WITH THAT.
SO IF IT IS MORE THAN THAT, THERE WILL BE REVENUE THAT GOES WITH IT.
AND IF IT IS LESS THAN LESS EXPENSE. SO ON THAT CAN I ASK A QUESTION.
I UNDERSTAND YOUR POINT HERE. BUT SO JUST FOR CLARITY.
SO THE THE REVENUE TOTAL FORECAST FOR FY 27 DOES NOT INCLUDE THAT REVENUE AMOUNT FOR THE 380.
NO, IT DOES, BUT IT'S JUST LIKE IT ONLY MAPS OUT TO THAT BASED ON THE THE INFORMATION THAT I HAVE.
THAT'S ONLY ON THE OVERAGE FROM WHAT WE'RE. WE'RE OUT LOOKING HERE FOR THE.
627 THOUGH. CORRECT. BUT THERE WOULD BE A CORRESPONDING ADDITIONAL REVENUE AS WELL.
SO MORE MONEY THAT COMES IN JUST MEANS MORE THAT HAS TO GO OUT AS PART OF THAT AGREEMENT.
YEAH, I GOT IT. BUT JUST OKAY, SO JUST SO I'M SAYING THE SAME THING AS YOU.
SO WE'RE FORECASTING OR OUTLOOKING 627 FOR THE COSTCO 380 AGREEMENT THAT TIES TO THE 2.5 MILLION OF REVENUE. SO IF THE IF THE 380 AGREEMENT GOES OVER THAT, THEN THE REVENUE WILL GO OVER THE SAME CORRESPONDING AMOUNT, BUT AT THE SAME CORRESPONDING, BUT CLOSE. OKAY.
BUT THE 627 OFFSET IS ALREADY IN THE REVENUE TOTAL.
OKAY. BUT SEQUENTIALLY, I MEAN, IT'S ONLY THE REVENUE IS ONLY UP $100,000.
FROM LIKE FROM FY 26. YEAH. I MEAN, SO I IF YOU'VE PAID ATTENTION OVER THE LAST SIX MONTHS, THE MACROECONOMIC FACTORS HAVE NOT BEEN GOOD.
GAS IS AT A VERY EXPENSIVE THING. AND THESE ARE THINGS THAT AFFECT SALES TAX.
AND SO MY SALES TAX NUMBERS ARE PROBABLY THE MOST CONSERVATIVE THE CITY HAS EVER SEEN.
OKAY. I HAVE A QUESTION. YES, MA'AM. I'M SORRY NOT TO LOOK IT UP BEFORE THIS, BUT WITH THE 380 AGREEMENT WITH COSTCO THAT IS IN THE ZONE THAT WE DEAL WITH THE SD ON WHAT IS.
SO OUR TAX MANDATE IS WE GET LIKE $0.50 OR 0.5.
NO, NOT NOT FOR THE NOT FOR COSTCO. NO, IT'S IT'S IT'S 0.25.
IT'S 0.25. OKAY. THAT'S WHAT I WANT TO KNOW. THANK YOU. ANY OTHER QUESTIONS? AWESOME. SO THE THE NEXT CHANGE YOU'LL SEE IS WE HAVE REMOVED THE TEXT, THE TEXT MIX 380 AGREEMENT UNTIL LIKE YOU IT HAS BEEN IT'S EVEN I THINK IN THE CURRENT FISCAL YEAR BUDGET. BUT NO NO PAYMENT HAS GONE OUT.
SO IT IS CURRENTLY REMOVED. WE ARE GOING TO BE LOOKING AT THAT AGREEMENT AND SEEING IF IT, YOU KNOW, HAS ULTIMATELY COME TO AN END JUST BASED ON THE FACT THAT THEY HAD RELOCATED.
[00:05:04]
BUT I'M NOT A LAWYER. YOU GUYS AREN'T LAWYERS.WE'LL LET THE LAWYERS DO THAT. BUT FOR RIGHT NOW, WE'RE JUST REMOVING IT IN YOUR BUDGET. IF FOR SOME REASON IT COMES BACK, WE WILL AMEND THE BUDGET, THERE WOULD BE A CORRESPONDING REVENUE. SO THAT IS NEVER GOING TO BE AN ISSUE.
WE'VE GOT THE GOLF CART KING AGREEMENT SET FOR TO, TO FINISH THIS YEAR, CORRECT? YEAH. THAT'S THE END. YES. AND I BELIEVE THAT INCLUDED THE EMPLOYEE ASPECT OF IT AS WELL AS THE REIMBURSEMENT.
YES. THEN WE ADDED THE 200,000 IN PARKS THAT WE DISCUSSED AT THE LAST MEETING AND THE DOWNTOWN FOR 470 000 THAT WE DISCUSSED AT LAST MEETING. AND THEN OH, AND THEN BELOW THAT IS THE RIDESHARE PILOT.
AND THEN THE VERY LAST THING IS THE AGREEMENT INCENTIVES AND GRANTS.
THAT LINE ITEM HAS HISTORICALLY HAD MONIES THAT HAD BEEN STUCK THERE BUT NOT ALWAYS USED.
SO THE 10,000 THAT IS THERE IS FOR A CURRENT AGREEMENT, RIGHT.
MICHELLE MICHEL'S PATISSERIE. WHERE WOULD IT FALL TO DO THE DEMOLITION.
IT'S ON THIS YEAR'S. YES. THAT IS THIS YEAR'S BUDGET.
I CAN'T REMEMBER EXACTLY WHAT LINE ITEM THAT WAS PUT TO THAT WOULD BE.
WE JUST NEED TO MAKE THAT HAPPEN. YEAH, IT'S ON HER.
OTHER. OKAY. DO WE HAVE ANY QUESTIONS? ANYONE ELSE? DANIEL? NO, I THINK I'M GOOD. I THINK I'M GOOD.
THAT IS A VERY LARGE DECREASE IN THE LAST PREVIOUS COUPLE OF YEARS.
I THINK THAT'S A GOOD THING. OKAY. BUT YOU'RE STILL PUTTING MONEY THERE.
WE CAN ALWAYS AMEND YOUR BUDGET. ALWAYS. ALWAYS.
OKAY. WELL, THANK YOU TO MR. ARMSTRONG, MR. HUNTER, AND OUR SUBCOMMITTEE.
AND IF YOU GENTLEMEN DON'T HAVE ANY OTHER QUESTIONS.
I WILL MAKE A MOTION TO APPROVE THIS BUDGET AS PRESENTED.
SECOND. ALL IN FAVOR? AYE. SO WE WILL ADJOURN THIS MEETING AT 509. THERE'S NO FURTHER BUSINESS A SECOND.
* This transcript was compiled from uncorrected Closed Captioning.