02/01/2019 Regular MeetingMar/20/2019 10,06:57 AM Edward Jones 8888256841
Mission Lake Tide Gate Service Area
Regular Meeting and Budget Hearing Minute44f-�d A
MAR
February 1, 2019.— 12;OOPM
Kodiak Island Borough Building Conference Room
Call to Order
Chair Johnson called the regular meeting to order at 12:05 p.m. on February 1, 2019.
Roll Call
Craig Johnson, Chairperson, Randy Ensign were present.
KIB staff Phil Kovacs and David Conrad were present.
Approval of Agenda
No agenda was prepared
Approval of Minutes
No minutes were presented for approval
Visitor Comments: None.
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MAR 2 1 2019
i
General Discussion
The Chair began discussion of the budget, fund balance and work required to maintain the tide
gate over the past several years. The Chair stated that the mill rate had been reduced to 0.25
mlls by the KIB Assembly last year which was 0.25 mills less than the service area board had
requested. This rate was reduced from 1.0 mills the previous fiscal yearto the current mil rate
in FY2017/2018.
Staff Report:
Conrad provide the fund balance total of $59,920.06 as of 6/30/2018.
Conrad stated that the staff was waiting for an estimate from PND Engineers for the updated
replacement costs If the tide gate required replacement In today's dollars, This Information will
be passed on to the board as soon as It received.
Regular Meeting:
The regular meeting was closed, and the Budget Hearing was opened at 12:15pm
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Budget Hearing:
The members present discussed the budget and fund balance information. Board members
decided to reduce the mil rate from 0.25 to 0.125 (1/8 mil) for the 2020 proposed budget.
Both members present agreed.
Motion: Recommend the mil rate be reduced from 0.25 to 0.125 for FY2020.
Roll Call vote: Johnson —Yes, Ensign — Yes, Unanimous Decision
Budget Hearing: Closed at 12:19pm.
Regular Meeting:
The regular meeting was reopened at 12:19pm
Board Member Comments:
Johnson stated that the members of the service area would like copies of the engineer's
estimate for replacement when received. Johnson asked that when the minutes and proposed
budget were completed that copies be forwarded to the board.
Meeting Schedule— No additional meetings were scheduled
Adjournment
Ensign moved to adjourn the meeting at 12:25pm
VOICE VOTE ON MOTION CARRIED UNANIMOUSLY,
The meeting was adjourned at 12:25p.m.
SUBMITTED BY:
Date: � Zo I -Ly r=t
David Conrad, Assistant Direct r
KIB Engineering/Facilities Department
Mar/20/2019 10:06:57 AM Edward Jones 8888256841 4/5
APPROVED BY:
Date: Z (Cf
Craig Johnso, Chair
Mission Lake Tide Gate Serw Area Board
Mar120/2019 10:06:57 AM Edward Janes 8888256841 5/5
Please update FY2019 Bu
Revenuesand
Revenues
enditures
Revenues
FYZOIG
Actual
FY 017
Actual
FY201B
Budget
FY2018Actual
FY2019
Budget
FY2020
Budget
Property Tax
$ 5,976
S 6,147
$ 6,192
$ 6,192
$ 1,548
S 774
Penaltles/Interest on Tax
452
-
98
251
106
53
Non Ad Valorem Tax
-
-
5,850
-
1,448
724
Sales Tax
-
Licenses & Permits
$tate Shared Revenue
6
State Grants
-
8
100
8
111
56
Rents & Royalties
Charges for5ervlces
-
-
Land Sale Activity
$ 1,220
$ 466
I $ 61198
$ fi41
$ 1,798 $
900
interest Earnings
332
259
-
298
250
125
Miscellaneous
-
Other Funding Sources
-
-
Operating Transfers
Total Revenues
S 6,308
$ 6,406
$ 6,198
S 6,490
$ 1,7981
$ 899
Expenditures
Expenditures
Actual
rY2DI7
Actual
FY2018
Budget
FY2018Actual
FY2019
Budget
FY2D20
Budget
Personnel Services
$ 757
$ 255
$ 150
$ 383
$ 133 $
67
Employee Benefits
452
206
98
251
106
53
Professlonal'Services
-
-
5,850
1,448
724
Legal Services
-
Contributions
Service District Melnt,
Support Goods & Semlces
11
8
100
8
111
56
Capital Outlay
Operating Transfers
Total Expenditures
$ 1,220
$ 466
I $ 61198
$ fi41
$ 1,798 $
900