06-06-1988 - Regular Meeting - Minutes•
M I N U T E S
ADJOURNED REGULAR MEETING
OF THE WEST COVINA CITY COUNCIL
June 6, 1988
The adjourned regular,meeting of the West Covina City Council was called to order by
Mayor Manners at 5:45 pm in the Management Resource Center, Room 315, at City Hall,
1444 W. Garvey Avenue, West Covina. The Pledge of Allegiance was led by Mayor Manners.
ROLL CALL Mayor Manners, Mayor Pro Tem Bacon, Councilmembers Lewis,
.Tarozzi, and McFadden (arrived 5:55 pm)
Others Present: 'Vast, Eliot, Panas, Wylie, Londo, Koniarsky, Miller, Thomas,
Mayer, Meacham, Berry
CITY MANAGER'S/DIVISION MANAGERS' PRESENTATIONS OF 88/89 BUDGET
City Manager Fast presented an overview of the City's
fiscal plan and revenue picture for FY 88/89. He presented
background on local governmental financing, explaining
the process and resources used to project revenues for
the City.
Referring to the budget document entitled 1987/89 Financial
Plan and Proposed Budget for 88/89, the City's goal state-
ments were reviewed with the Council. The budget summary
. page indicated an Operating Budget for this upcoming fiscal
year of $36.5 million, the Capital Improvement Program at
$1.89 million, and the Redevelopment Agency at $2.55
million.
Recess
ORAL COMMUNICATIONS
Mayor Manners called a recess at 6:23 pm for a dinner
break and Council reconvened at 7:05 pm with all members
of the Council present.
City Manager Fast continued with the budget document,
addressing revenues first by funds and then by major
source. He described each major source and the para-::
meter:s,surrouriding restrictive':and:non-restrictive funds.
He concluded his presentation on revenues noting that the
following evening's presentations would address expendi-
tures.
No one from the audience addressed the City Council.
ADJOURNMENT Motion by Bacon, seconded by Lewis, and unanimously carried
to adjourn the meeting at 9:03 pm to June 7, 1988, at 5:30
in the Management Resource Center.
Mayor Nancy anners
ATTEST;
City Clerk Janet Berr . - 1 -