pages: CityCouncil/2005-12-06.pdf, 18
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CityCouncil | 2005-12-06 | 18 | Mayor/Chair stated that the City's population is lower now than in 1996. Vice Mayor/Commissioner/Authority Member Gilmore inquired whether the 2005 debt service was lower than in 1996, to which the External Auditor responded in the affirmative. Vice Mayor/Commissioner/Authorit Member Gilmore stated there have been discussions on how much bonds cost the City; everything that has been accomplished has been done without increasing the total debt service. The External Auditor stated management has been good; the last ten years have not been easy; more is being done with less. Mayor/Chair Johnson questioned the figures for the Alameda Reuse and Redevelopment Authority original staff salaries versus actual salaries. The External Auditor stated Government Accounting Standards Board (GASB) requires the original, adopted budgeted amount be presented for major funds. Mayor/Chair Johnson inquired whether the staff fringe benefits were included in the salaries, to which the External Auditor responded in the affirmative. Mayor/Chain Johnson inquired why there was a large difference between the amount budgeted and the amount spent for office expenditures; stated the original budget for professional and administrative services was reduced significantly expenditures were almost double the original budgeted amount; more accuracy is needed. The External Auditor responded the increase in professional and administrative services was due to an unexpected EDA grant; stated budget controls and accuracy are far better in the 2004-05 year. louncilmember/Commissioner/Authority Member deHaan inquired whether there were other improvements or further decay from the previous audit. The External Auditor stated there has not been further decay; capital assets are very difficult to control and have improved. Special Joint Meeting Alameda City Council, Community 4 Improvement Commission, and Alameda Reuse and Redevelopment Authority December 6, 2005 | CityCouncil/2005-12-06.pdf |