Attachments:
Moved: Comptroller Morton, Seconded by Acting Council
President Poteat
On the question: none.
Response: Comptroller Morton: We have a relationship with
CMA to create a number of thing regarding financial
infrastructure as we look at trend and recognize the financial
status of the city and the recommendations form state comp
office to have multi-year financial planning to help re-apply
for a city credit rating and lower some of our expenditure cost
about 80% of our cost is employees and research options.
Acting Council President Poteat - Morton we do not have
anyone that does budgets? Morton - AC does the budgets in
our office. would this help AC to do budgets the following
year?
Assistant Comptroller: yes.
Comptroller Morton - the criticism is that we’ve only done
year to year, we also have to do multi-year budgets and our
cash flow forecasting and to create a 5 year plan and capital
plan. Mount Vernon covers 100% of the health care cost of
their employees, that could be looked at.
Comptroller Morton: council will have the opportunity to
give suggestions, but we have already identified that. two of
our unions pay into it 20% and looking at the health plan
itself, should we be using NYSHIP or a Cooperative health
plan
adopted
()
21.
Code:
FP
Attachments:
Moved: Comptroller Morton, Seconded by Acting Council
President Poteat
On the question: none.
Response: none.
adopted
()
22.
Code:
FP
