FINANCIAL VIEW 8-19-15 LMS
At the August 19 meeting of the Salmon City Council there were several comments made as to the public’s desire for the city to purchase the Library Building. The city’s Financial Director offered an expanded view of the possible purchase.
Finance Director Amy Fealko asked if those in favor of the purchase would also be in favor of an increase in taxes. She reminded the council of a survey conducted a couple of years ago as to what the public thought was the highest city priority and the majority answer was “streets.” She said the building purchase could potentially take money away from the streets fund.
Fealko said in the eight years she has been with the city there has been a decrease of three employees in the office staff. She said based on the decrease and looking ahead ten years she personally can’t see the need of more office space at City Hall.
She told the council that when a wall was constructed in the City Hall offices she had one or two negative comments about the $3,500 expenditure. She said with that in mind present City Hall building needs should be taken into expenditure considerations. The needs include the deck, the front windows and doors.
Fealko said there is quite a bit of money in the Contingency Fund presently but there are some major expenses coming up in the near future such as the new bathrooms, $120,000 to $130,000 or more for the Island Park Bridge and depending on what the council decides possibly new sidewalks.
She listed some of the yearly donations such as $3,000 to the Senior Citizens, $12,000 to the Lemhi Education Project, $12,000 to the Lemhi County Humane Society plus the $15,000 loaned to the Lemhi County Economic Development Association for Lemhi Ride.
Fealko said as Financial Director she endeavors to stay unbiased on decisions that are made. She will put these informational figures as well as others on paper for the council to review and to have on hand before negotiations with the Library Board begin.
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