Bloomfield Township Board of Trustees Study Session on February 23, 2026

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Transcript

Click any timestamp to jump the video to that moment. Auto-transcribed; expect occasional errors on proper nouns.

1. 0:00

   The Bloomfield Township Board of Trustees study session meeting start at 5 o'clock on Tuesday, February 23rd. Do you all stand for the Pledge of Allegiance? I pledge allegiance to the flag of the United States of America and to the republic for which it stands, one nation, under God, indivisible, with liberty and justice for all. Welcome everybody. Item number one on our agenda is for public comment. And if you're here to make a comment about any issue in front of us with regard to the budget, now is your time. Okay. Okay, I'll close public comment and open up item number two, presentation of proposed budget for the year ending March 31st, 2027, presented by Jason Tice, our finance director. Welcome, Jason. Thank you. All right. Just dive right in. So I'm going to start out a little bit differently this year. So I've been playing around with AI and Gemini. So I asked Gemini to create an image of the foundation or building blocks. So I'm going to start out a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little government budget so this is what it came up with if you if you start looking a little bit deeper you'll find all sorts of inaccuracies misspellings which was a little interesting if you haven't found them yet there they are trends trans page or in C framework operating cots and some weird letter that doesn't exist in expenditures so that's kind of interesting so a little bit of job security starting out with the kind of recap or update for the current fiscal year-end 33126 three main operating funds as we kind of call them internally here are the general road and public safety fund expenditure well revenues first are exceeding the original budget and we kind of talked about that recently with

2. 1:15

   Just dive right in. So I'm going to start out a little bit differently this year. So I've been playing around with AI and Gemini. So I asked Gemini to create an image of the foundation or building blocks. So I'm going to start out a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little government budget so this is what it came up with if you if you start looking a little bit deeper you'll find all sorts of inaccuracies misspellings which was a little interesting if you haven't found them yet there they are trends trans page or in C framework operating cots and some weird letter that doesn't exist in expenditures so that's kind of interesting so a little bit of job security starting out with the kind of recap or update for the current fiscal year-end 33126 three main operating funds as we kind of call them internally here are the general road and public safety fund expenditure well revenues first are exceeding the original budget and we kind of talked about that recently with the when I came before you to request some budget amendments those are driven by primarily by the investment earnings and state revenue sharing which combined is added about 2.1 million dollars to the revenue projection expenditures are also coming in lower than budget primarily through health care costs savings in the areas of professional services contracted services and some of our big capital outlay projects coming in under budget. So those combined is about $2.4 million. So revenue is better by $2.1, expenditures under by $2.4, and so you've got $4.5 million now to decide what to do with. The little update on the ARPA, we're estimated to have spent almost all of it, all but about $100,000 of it by March 31 of 2026. We had until 12-31 of 26 to do so, so no issues there.

3. 2:30

   exceeding the original budget and we kind of talked about that recently with the when I came before you to request some budget amendments those are driven by primarily by the investment earnings and state revenue sharing which combined is added about 2.1 million dollars to the revenue projection expenditures are also coming in lower than budget primarily through health care costs savings in the areas of professional services contracted services and some of our big capital outlay projects coming in under budget. So those combined is about $2.4 million. So revenue is better by $2.1, expenditures under by $2.4, and so you've got $4.5 million now to decide what to do with. The little update on the ARPA, we're estimated to have spent almost all of it, all but about $100,000 of it by March 31 of 2026. We had until 12-31 of 26 to do so, so no issues there. With that $4.5 million or so surplus, we talk each year kind of the different options that are available, and so what I'd like to focus on this year is basically between these two here, the increase of contribution for the current year to the OPEB trust. We're budgeted to do $1.25 million. My recommendation would be to take another $1.25 million of the four, four and a half that we're projected to have in surplus, so basically double the contribution this year and... ... ... Thank you. you think back to previous years i've steered away from that recommendation but the thing that's different this year is that we just recently last november december uh got our letter that is out of our notifying us thank you um notifying us that we're out from under the corrective action plan so i'd hate to fall back into that uh scenario um and so any little bit more that we can do on uh these contributions when it's whenever it's available uh at this time of year

4. 3:45

   With that $4.5 million or so surplus, we talk each year kind of the different options that are available, and so what I'd like to focus on this year is basically between these two here, the increase of contribution for the current year to the OPEB trust. We're budgeted to do $1.25 million. My recommendation would be to take another $1.25 million of the four, four and a half that we're projected to have in surplus, so basically double the contribution this year and... ... ... Thank you. you think back to previous years i've steered away from that recommendation but the thing that's different this year is that we just recently last november december uh got our letter that is out of our notifying us thank you um notifying us that we're out from under the corrective action plan so i'd hate to fall back into that uh scenario um and so any little bit more that we can do on uh these contributions when it's whenever it's available uh at this time of year would would help protect us from going backwards into that scenario um other than that if that wasn't the case i don't know that i would have that same opinion on that the other option or a combination of both is the equipment and replacement fund um it's the most flexible for future budgets um it helps short-term and long-term so um we have over 27 million of capital purchases projected over the next five years and obviously we don't know what the next five years holds as far as revenue and property tax increases so at some point we're going to need to start drawing down from that fund to help fund some of those the current balance of that equipment and replacement fund is 22 million 175 and that would increase to $25,925, so just under $26 million.

5. 5:00

   we can do on uh these contributions when it's whenever it's available uh at this time of year would would help protect us from going backwards into that scenario um other than that if that wasn't the case i don't know that i would have that same opinion on that the other option or a combination of both is the equipment and replacement fund um it's the most flexible for future budgets um it helps short-term and long-term so um we have over 27 million of capital purchases projected over the next five years and obviously we don't know what the next five years holds as far as revenue and property tax increases so at some point we're going to need to start drawing down from that fund to help fund some of those the current balance of that equipment and replacement fund is 22 million 175 and that would increase to $25,925, so just under $26 million. For next year, 331-27, looking at the three same main operating funds, General Road and Public Safety, there is a proposed budget that was in the packet. It is balanced individually and in total, not of any Interfund transfers. And it does right now include in the draft an increase, a transfer to the Equipment Replacement Fund of $2.25 million. As always, it's not complete at this point. It's still a draft. It's budget in process. Even from the time I put the presentation together and provided the packet information, there's been at least a half a dozen new items coming my way and requests for changes. So nothing drastic at this point, but there will be adjustments made by the time you see me again in March. If you look at that chart on the right, that shows the last few years of .

6. 6:15

   For next year, 331-27, looking at the three same main operating funds, General Road and Public Safety, there is a proposed budget that was in the packet. It is balanced individually and in total, not of any Interfund transfers. And it does right now include in the draft an increase, a transfer to the Equipment Replacement Fund of $2.25 million. As always, it's not complete at this point. It's still a draft. It's budget in process. Even from the time I put the presentation together and provided the packet information, there's been at least a half a dozen new items coming my way and requests for changes. So nothing drastic at this point, but there will be adjustments made by the time you see me again in March. If you look at that chart on the right, that shows the last few years of . combined revenues and expenditures for general road and public safety the 2026 year is a little skewed because that had three million dollars of arpa both on the revenue side and expense side focusing on the revenue specifically for next fiscal year projected taxable value and this number is is probably three weeks old assessing was still adding numbers into the system is that a taxable value of 5.62 billion that would equate to a 3.8 percent net increase to tax revenues after rollback expecting a decline in state revenue sharing i'm sure you've seen all the headlines and reports coming out and that's one of the changes actually just last week i got another they released the state released another update to revenue sharing a positive for us it doesn't look like they're they're projecting as much of a decline as i have currently in uh the budget

7. 7:30

   combined revenues and expenditures for general road and public safety the 2026 year is a little skewed because that had three million dollars of arpa both on the revenue side and expense side focusing on the revenue specifically for next fiscal year projected taxable value and this number is is probably three weeks old assessing was still adding numbers into the system is that a taxable value of 5.62 billion that would equate to a 3.8 percent net increase to tax revenues after rollback expecting a decline in state revenue sharing i'm sure you've seen all the headlines and reports coming out and that's one of the changes actually just last week i got another they released the state released another update to revenue sharing a positive for us it doesn't look like they're they're projecting as much of a decline as i have currently in uh the budget so that'll probably come back up 100 150 000 dollars we're uh with with uh treasure show stacks help we're trying to hone in on what the the a good number for investment earnings will be for next year always a hard one to hit but we are expecting it to go down I touched on the ARPA so we got a hundred thousand left to spend there and then also the last bullet point there we have a state grant of one and a half million originally applied for some funding to help with fire station renovation or building they they passed it and change the wording to police equipment and vehicles so we're dealing with what we have it's still 1.5 million dollars we didn't have before and so about one just under 1.3 of that will be planned for being spent in this fiscal year and then the remaining a couple hundred thousand in the following year and that's just because it's restricted to specifically police equipment and vehicles

8. 8:45

   so that'll probably come back up 100 150 000 dollars we're uh with with uh treasure show stacks help we're trying to hone in on what the the a good number for investment earnings will be for next year always a hard one to hit but we are expecting it to go down I touched on the ARPA so we got a hundred thousand left to spend there and then also the last bullet point there we have a state grant of one and a half million originally applied for some funding to help with fire station renovation or building they they passed it and change the wording to police equipment and vehicles so we're dealing with what we have it's still 1.5 million dollars we didn't have before and so about one just under 1.3 of that will be planned for being spent in this fiscal year and then the remaining a couple hundred thousand in the following year and that's just because it's restricted to specifically police equipment and vehicles I can blow some of these up here for you but so on this side this is revenues by source so this big green area here is probably Property taxes, it's about 75% of the revenue sources we take in. Your next biggest is the blue that's charges for services, followed by state revenue sharing interest, and it goes down from there. On the right side, same numbers, but it's township-wide revenues. Instead of by source, it's by fund. And so a little bit different way to look at it, but as expected, public safety is the largest piece, followed by general fund, road fund, and so on.

9. 10:00

   equipment and vehicles I can blow some of these up here for you but so on this side this is revenues by source so this big green area here is probably Property taxes, it's about 75% of the revenue sources we take in. Your next biggest is the blue that's charges for services, followed by state revenue sharing interest, and it goes down from there. On the right side, same numbers, but it's township-wide revenues. Instead of by source, it's by fund. And so a little bit different way to look at it, but as expected, public safety is the largest piece, followed by general fund, road fund, and so on. Expenditures, wages, and benefits have been adjusted in these numbers based on the recently signed union contracts. It is going to be another capital-heavy year, around $5 million. The biggest pieces of those are noted there, fire, one and a half, a little over one for road, and a little over one for police. We still have defined benefit pension, ADC payments we make annually. That's straight from the actuarial report. This year, it actually went down. It's at $4.84 million after you back out the library's piece of that. And their piece is about 3%. of the total. And then we'll continue making the OPEP contributions that we've agreed upon, which is $1.25 million a year. And then that last piece we kind of talked about earlier. So as of December, Municipal Stability Board, upon their review, has removed us from the Corrective Action Plan process. And on that point, so we are still at 29% funded, but there

10. 11:15

    Expenditures, wages, and benefits have been adjusted in these numbers based on the recently signed union contracts. It is going to be another capital-heavy year, around $5 million. The biggest pieces of those are noted there, fire, one and a half, a little over one for road, and a little over one for police. We still have defined benefit pension, ADC payments we make annually. That's straight from the actuarial report. This year, it actually went down. It's at $4.84 million after you back out the library's piece of that. And their piece is about 3%. of the total. And then we'll continue making the OPEP contributions that we've agreed upon, which is $1.25 million a year. And then that last piece we kind of talked about earlier. So as of December, Municipal Stability Board, upon their review, has removed us from the Corrective Action Plan process. And on that point, so we are still at 29% funded, but there were two items that they evaluate to determine your underfunded status in Corrective Action Plan, and you have to be, you have to not meet both. So we moved in the positive on the other aspect, which then threw us out from underneath the, out of the Corrective Action Plan, even though on the other statistic, we're at 29% and they want you at 40 or more. Graphic here on the expense side. So this kind of shows, it's cut off here, but public safety is 50% of the expenses, debt service at 10%, and so forth. Also on expenditures, we try to highlight each year differences from year to year in positions. So we've had a lot of vacancies the last few presentations.

11. 12:30

    Corrective Action Plan process. And on that point, so we are still at 29% funded, but there were two items that they evaluate to determine your underfunded status in Corrective Action Plan, and you have to be, you have to not meet both. So we moved in the positive on the other aspect, which then threw us out from underneath the, out of the Corrective Action Plan, even though on the other statistic, we're at 29% and they want you at 40 or more. Graphic here on the expense side. So this kind of shows, it's cut off here, but public safety is 50% of the expenses, debt service at 10%, and so forth. Also on expenditures, we try to highlight each year differences from year to year in positions. So we've had a lot of vacancies the last few presentations. They're starting to come down. There's one new position, the HR generalist. Technically it's not new. It was in part of last year's budget, or the current year's budget as well, but since it was never filled, we never got that far, calling it new for fiscal year 27. And then, again, this is probably outdated with people coming and going, but eight vacant positions when I prepared this, a mechanic, a deputy director at PBO. At that point in time, there were four in police, still looking for another inspector and a director. Next couple of slides will outline some of the big capital projects in the general fund. We continue to incur stormwater costs. Next year, it's specifically for the Luz relief drain for our share of it. The county pays the other piece. We have $100,000 left in ARPA. I've said that a few times now. That's going to document scanning. There's some renovations planned for these front. moreistanunity, so this question will be. one.

12. 13:45

    So we've had a lot of vacancies the last few presentations. They're starting to come down. There's one new position, the HR generalist. Technically it's not new. It was in part of last year's budget, or the current year's budget as well, but since it was never filled, we never got that far, calling it new for fiscal year 27. And then, again, this is probably outdated with people coming and going, but eight vacant positions when I prepared this, a mechanic, a deputy director at PBO. At that point in time, there were four in police, still looking for another inspector and a director. Next couple of slides will outline some of the big capital projects in the general fund. We continue to incur stormwater costs. Next year, it's specifically for the Luz relief drain for our share of it. The county pays the other piece. We have $100,000 left in ARPA. I've said that a few times now. That's going to document scanning. There's some renovations planned for these front. moreistanunity, so this question will be. one. town hall, public restrooms, and then downstairs the shared area between PBO and police, some renovations there. The road fund has some big piece of equipment, replacing an asphalt paver, front end loader, and a hot patch trailer. Public safety, police, and dispatch, some office furniture, replacing some very old gas masks, number of vehicles, upfitting on some of those vehicles, we're heading into year one of the Exxon agreement that was recently signed, and also an updated 9-1-1 phone system. And then there's that note at the bottom, so just under 1.3 of that grant will be covering the majority of the police department capital in the remainder in fiscal year 28. On the fire side, various station repairs across the four stations, SCBA compressor fill station, and an engine that has been ordered, I don't know how many years or months ago that take forever to come in, previously approved by the board, and the rescue being replaced as well.

13. 15:00

    town hall, public restrooms, and then downstairs the shared area between PBO and police, some renovations there. The road fund has some big piece of equipment, replacing an asphalt paver, front end loader, and a hot patch trailer. Public safety, police, and dispatch, some office furniture, replacing some very old gas masks, number of vehicles, upfitting on some of those vehicles, we're heading into year one of the Exxon agreement that was recently signed, and also an updated 9-1-1 phone system. And then there's that note at the bottom, so just under 1.3 of that grant will be covering the majority of the police department capital in the remainder in fiscal year 28. On the fire side, various station repairs across the four stations, SCBA compressor fill station, and an engine that has been ordered, I don't know how many years or months ago that take forever to come in, previously approved by the board, and the rescue being replaced as well. So, some of the potential changes that- THAT WILL OCCUR BETWEEN NOW AND THE NEXT BOARD MEETING WHEN I ASK FOR APPROVAL OF THE BUDGET. AGAIN, THE ASSESSING DEPARTMENT WILL CONTINUE WORKING ON UPDATING REVENUE. STATE REVENUE SHARING ESTIMATES, I THINK, ARE GOING TO MOVE IN A POSITIVE DIRECTION FOR US. INVESTMENT INCOME COULD GO UP OR DOWN, I'LL WORK WITH THE TREASURER ON THAT. THERE WASN'T A REQUEST FOR POSSIBLY INCREASING SOME SUPPORT FROM THE GENERAL FUND TO THE ROAD FUND FOR THIS APRIL, MAY, JUNE, SPRING POT HOLE PATCHING TO ADDRESS THAT AND GET IT DONE QUICKER THAN IF WE KIND OF GO WITH THE SAME FUNDING LEVEL THAT WE HAVE IN PREVIOUS BUDGETS. SO THAT'S AN OPTION, AND THEN BASED ON WHERE ALL THOSE OTHER ITEMS SHAKE OUT, I WOULD ADJUST THE TRANSFER AMOUNT TO THE EQUIPMENT AND REPLACEMENT FUND, THE BUDGETED AMOUNT FOR THE YEAR, UP OR

14. 16:15

    forever to come in, previously approved by the board, and the rescue being replaced as well. So, some of the potential changes that- THAT WILL OCCUR BETWEEN NOW AND THE NEXT BOARD MEETING WHEN I ASK FOR APPROVAL OF THE BUDGET. AGAIN, THE ASSESSING DEPARTMENT WILL CONTINUE WORKING ON UPDATING REVENUE. STATE REVENUE SHARING ESTIMATES, I THINK, ARE GOING TO MOVE IN A POSITIVE DIRECTION FOR US. INVESTMENT INCOME COULD GO UP OR DOWN, I'LL WORK WITH THE TREASURER ON THAT. THERE WASN'T A REQUEST FOR POSSIBLY INCREASING SOME SUPPORT FROM THE GENERAL FUND TO THE ROAD FUND FOR THIS APRIL, MAY, JUNE, SPRING POT HOLE PATCHING TO ADDRESS THAT AND GET IT DONE QUICKER THAN IF WE KIND OF GO WITH THE SAME FUNDING LEVEL THAT WE HAVE IN PREVIOUS BUDGETS. SO THAT'S AN OPTION, AND THEN BASED ON WHERE ALL THOSE OTHER ITEMS SHAKE OUT, I WOULD ADJUST THE TRANSFER AMOUNT TO THE EQUIPMENT AND REPLACEMENT FUND, THE BUDGETED AMOUNT FOR THE YEAR, UP OR DOWN ACCORDINGLY. MOVING ON, OUTSIDE OF GENERAL ROAD AND PUBLIC SAFETY, THE NEXT FUND I WANT TO COVER IS SENIOR SERVICES. THEIR PROGRAMS CONTINUE TO GROW WITH STRONG ATTENDANCE. THE PARKING LOT PROJECT WAS FUNDED BY ARPA AT ABOUT $1.1 MILLION THAT WAS COMPLETED IN THIS IN THIS FISCAL YEAR AND IT'S A the first year of part-time ADS services went well and they're looking at possible expansion plans on that program and that is why that ARPA is why this fiscal year 26 is kind of an outlier when compared to the other years I'm building inspection permit revenues estimated to be similar to the current year they still have that vacant position with the inspector and we are budgeting for one of their inspector vehicles to be replaced this year

15. 17:30

    THE TRANSFER AMOUNT TO THE EQUIPMENT AND REPLACEMENT FUND, THE BUDGETED AMOUNT FOR THE YEAR, UP OR DOWN ACCORDINGLY. MOVING ON, OUTSIDE OF GENERAL ROAD AND PUBLIC SAFETY, THE NEXT FUND I WANT TO COVER IS SENIOR SERVICES. THEIR PROGRAMS CONTINUE TO GROW WITH STRONG ATTENDANCE. THE PARKING LOT PROJECT WAS FUNDED BY ARPA AT ABOUT $1.1 MILLION THAT WAS COMPLETED IN THIS IN THIS FISCAL YEAR AND IT'S A the first year of part-time ADS services went well and they're looking at possible expansion plans on that program and that is why that ARPA is why this fiscal year 26 is kind of an outlier when compared to the other years I'm building inspection permit revenues estimated to be similar to the current year they still have that vacant position with the inspector and we are budgeting for one of their inspector vehicles to be replaced this year on the safety path fund that millage provides about two and a half million dollars for the safety path master plan projects were have expenditures of just over that amount and this coming year it's including a court and road cooperative project with the city of Birmingham you know notice these fund balances purposely we've been trying to get those down and we're successful in doing so finally in fiscal year 2025 purposely budgeted enough projects for expenditures to exceed that year's revenues to bring that that fund balance down now we should be pretty much going forward each year's revenue, or each year's expenditures, planned expenses, will be subject to that year's revenues and keep those even. The Cable Fund, there's $805,000 of franchise fee revenue projected for next year. We are trending now in the last two, three years, about a 5% decline each year in that revenue source.

16. 18:45

    on the safety path fund that millage provides about two and a half million dollars for the safety path master plan projects were have expenditures of just over that amount and this coming year it's including a court and road cooperative project with the city of Birmingham you know notice these fund balances purposely we've been trying to get those down and we're successful in doing so finally in fiscal year 2025 purposely budgeted enough projects for expenditures to exceed that year's revenues to bring that that fund balance down now we should be pretty much going forward each year's revenue, or each year's expenditures, planned expenses, will be subject to that year's revenues and keep those even. The Cable Fund, there's $805,000 of franchise fee revenue projected for next year. We are trending now in the last two, three years, about a 5% decline each year in that revenue source. So it's something we want to watch. If you look back just to fiscal year 25, it was just under $900,000, and we're almost lost $100,000 since then. That's nothing new or different for us. I mean, it's newer for us to see that. Other communities are seeing the same thing. But for whatever reason, most of the other communities saw it a lot sooner than we did. The PEG fees will also continue to decline, but at a slower pace. And just a reminder on the PEG fee revenue does have to be spent on capital-related items. It can't be spent on things like labor and benefits. The other thing to think about with this fund is the BACB contract is expiring this December. So we'll be working on that and looking at our options of renewals or new contracts. And that provides a significant amount of revenue. currently at $308,300 a year. This fund balance has been coming down as well. $331.25, it was $2.2 million. The projection for fiscal year 27 is that it'll be just under $2 million.

17. 20:00

    We are trending now in the last two, three years, about a 5% decline each year in that revenue source. So it's something we want to watch. If you look back just to fiscal year 25, it was just under $900,000, and we're almost lost $100,000 since then. That's nothing new or different for us. I mean, it's newer for us to see that. Other communities are seeing the same thing. But for whatever reason, most of the other communities saw it a lot sooner than we did. The PEG fees will also continue to decline, but at a slower pace. And just a reminder on the PEG fee revenue does have to be spent on capital-related items. It can't be spent on things like labor and benefits. The other thing to think about with this fund is the BACB contract is expiring this December. So we'll be working on that and looking at our options of renewals or new contracts. And that provides a significant amount of revenue. currently at $308,300 a year. This fund balance has been coming down as well. $331.25, it was $2.2 million. The projection for fiscal year 27 is that it'll be just under $2 million. Then we have the opioid settlement fund. This was created a few years ago with the settlements. We've received just under $300,000 since those settlement payments began. They're over, I believe, 18 years. We're estimated to receive approximately $50,000 a year. It goes up and down, but that's about the average. And then by the end of it, approximately $875,000 will have been sent to the township under that process. So in fiscal year 27, for the first time, we have plans to possibly spend $60,000 of what we've received so far on the co-responder program, which previously was funded through the police department. I think we're still looking into that before we spend any of it, just to verify that that is qualified. I've seen some things recently from other municipalities that have spent money already and have been told that they did it on the wrong things. I'd say it's about to buy some things. You, my murderer, will be able to pay 페

18. 21:15

    The projection for fiscal year 27 is that it'll be just under $2 million. Then we have the opioid settlement fund. This was created a few years ago with the settlements. We've received just under $300,000 since those settlement payments began. They're over, I believe, 18 years. We're estimated to receive approximately $50,000 a year. It goes up and down, but that's about the average. And then by the end of it, approximately $875,000 will have been sent to the township under that process. So in fiscal year 27, for the first time, we have plans to possibly spend $60,000 of what we've received so far on the co-responder program, which previously was funded through the police department. I think we're still looking into that before we spend any of it, just to verify that that is qualified. I've seen some things recently from other municipalities that have spent money already and have been told that they did it on the wrong things. I'd say it's about to buy some things. You, my murderer, will be able to pay 페 a mess I don't think we want to get into and have to give money back. The last slide here is about millages. Just a friendly reminder, we have two millages expiring after the winter 2026 property tax bill. So next year's or this coming winter's tax bill this December. It's an election year so it makes sense to address those this year. The road currently at just under 60.66 mills, that generates $3.7 million for road fund. And one of the remaining three public safety millages, a very large size one, 1.84 mills, which is $10.4 million. So that's roughly a third of their revenue. That's all I have. All right. Thank you, Jason. You go to yours, Michael, then we'll open up or do you want to ask questions now? No, that's your question. Okay. Any questions for Jason?

19. 22:30

    a mess I don't think we want to get into and have to give money back. The last slide here is about millages. Just a friendly reminder, we have two millages expiring after the winter 2026 property tax bill. So next year's or this coming winter's tax bill this December. It's an election year so it makes sense to address those this year. The road currently at just under 60.66 mills, that generates $3.7 million for road fund. And one of the remaining three public safety millages, a very large size one, 1.84 mills, which is $10.4 million. So that's roughly a third of their revenue. That's all I have. All right. Thank you, Jason. You go to yours, Michael, then we'll open up or do you want to ask questions now? No, that's your question. Okay. Any questions for Jason? I have questions if nobody else does. Can you go in more details regarding, uh, why we were removed from? Are we going to have questions? How about we get a text? Video up to you soon. the corrective action plan yeah the the act uh has two criteria um the one the easy one the one that most people know about and and read about is the 40 percent minimum funding level uh which we're at 29 percent the other one is a calculation of the percentage of your adc over your governmental revenue so they want to they want to look at how much of your revenue is being tied up by having to be spent on uh opeb and so that's the one that that that we used to be um just under the threshold that you needed to be and we flipped that with market returns and and adjustments in the revenue so that's the one where i i why i recommending we attribute more to the opeb trust to help help us from flipping back into that underfunded status uh do any of the sub accounts have

20. 23:45

    I have questions if nobody else does. Can you go in more details regarding, uh, why we were removed from? Are we going to have questions? How about we get a text? Video up to you soon. the corrective action plan yeah the the act uh has two criteria um the one the easy one the one that most people know about and and read about is the 40 percent minimum funding level uh which we're at 29 percent the other one is a calculation of the percentage of your adc over your governmental revenue so they want to they want to look at how much of your revenue is being tied up by having to be spent on uh opeb and so that's the one that that that we used to be um just under the threshold that you needed to be and we flipped that with market returns and and adjustments in the revenue so that's the one where i i why i recommending we attribute more to the opeb trust to help help us from flipping back into that underfunded status uh do any of the sub accounts have uh a negative adc calculation yeah so our most recent actuarial report for the opeb which is done every two years um was as of April 1 of 2024 was the data, and it was prepared for our 3-31-26 fiscal year, which is ending. If you looked at those ADCs, yeah, the cable studio, building inspection, and water and sewer fund. Okay. So by continuing to make contributions in the form of benefit payments, that consistently reduces the ADC at the expense of higher water and sewer rates. I don't know what you're asking. What was the question?

21. 25:00

    help us from flipping back into that underfunded status uh do any of the sub accounts have uh a negative adc calculation yeah so our most recent actuarial report for the opeb which is done every two years um was as of April 1 of 2024 was the data, and it was prepared for our 3-31-26 fiscal year, which is ending. If you looked at those ADCs, yeah, the cable studio, building inspection, and water and sewer fund. Okay. So by continuing to make contributions in the form of benefit payments, that consistently reduces the ADC at the expense of higher water and sewer rates. I don't know what you're asking. What was the question? If I keep putting money into water and sewer, OPAP portion, even though it's fully funded, whether it's a contribution or a benefit payment, a cash outflow, that's an expense to water and sewer. Without those, and since water and sewer is fully funded, we were moved off, we shouldn't be putting in any more contributions on the benefit side because it's fully funded. Same with cable studio. Same with building inspection. Will we be making contributions in the form of benefit payments for those accounts? Thank you. So I disagree with Ruben and I disagree with Ruben. um classifying actual cash contributions which we discuss each year during budget time and class and combining that as the same thing as what's required to be reported on an audited financial statement and called a contribution which isn't actually a cash contribution uh gap requires on those statements any benefit payments you made that didn't run through the

22. 26:15

    If I keep putting money into water and sewer, OPAP portion, even though it's fully funded, whether it's a contribution or a benefit payment, a cash outflow, that's an expense to water and sewer. Without those, and since water and sewer is fully funded, we were moved off, we shouldn't be putting in any more contributions on the benefit side because it's fully funded. Same with cable studio. Same with building inspection. Will we be making contributions in the form of benefit payments for those accounts? Thank you. So I disagree with Ruben and I disagree with Ruben. um classifying actual cash contributions which we discuss each year during budget time and class and combining that as the same thing as what's required to be reported on an audited financial statement and called a contribution which isn't actually a cash contribution uh gap requires on those statements any benefit payments you made that didn't run through the opeb trust but were for opeb that you show them both as a revenue on the statement as well as an expense on the statement so it nets to zero so for example in a year where we made one point just to make it easy one million dollars of opeb contribution into the trust actually new money going in new cash but we also spent four million dollars of our own operating money um to pay our provider medical provider directly on the audit financial statement we would show that combined we would show five million dollars of revenue and five million dollars of expense so that would mean if we're still if a fully funded item is still paying for for the benefit payments and you're worried about you're saying that that's not a contribution but the auditors are calling it a contribution that's not a contribution you Gap calls it a contribution. It seems that we're wordsmithing to have water and sewer customers paying more than they need to than what Milliman is telling us. How much money do you think we're paying extra in water and sewer because of this practice, Mark?

23. 27:30

    uh gap requires on those statements any benefit payments you made that didn't run through the opeb trust but were for opeb that you show them both as a revenue on the statement as well as an expense on the statement so it nets to zero so for example in a year where we made one point just to make it easy one million dollars of opeb contribution into the trust actually new money going in new cash but we also spent four million dollars of our own operating money um to pay our provider medical provider directly on the audit financial statement we would show that combined we would show five million dollars of revenue and five million dollars of expense so that would mean if we're still if a fully funded item is still paying for for the benefit payments and you're worried about you're saying that that's not a contribution but the auditors are calling it a contribution that's not a contribution you Gap calls it a contribution. It seems that we're wordsmithing to have water and sewer customers paying more than they need to than what Milliman is telling us. How much money do you think we're paying extra in water and sewer because of this practice, Mark? What's the number? More of a million. Pardon me? Break it down by household. How much is it? 16,000 households. How much is it a household? Well, it's not about the- Sure it is. You're talking pennies here. Well, if it is pennies, then let's save them the pennies. No. We have a practice here that's a good practice. You even had Brian Green come up here when we sat through the financial sustainability, talked about clients he has at 100% are vested, but yet he has to guarantee a 7% return. And what we have also is we have retirees that keep coming up that affect the number as well. So we contribute as a township to reduce our OPEP, and the three departments that are fully funded are still subject to retirements that are occurring. And we have, I can't tell you the number off hand, we have many retirements coming up here in the short term. I forget the number Jason, but it's- It's the new kind of amount. Yes. Well, since it's over the ADC, is the road fund paying in the full amount of their ADC, or more than their ADC? Is public safety paying in more than their ADC? Is the township-

24. 28:45

    How much money do you think we're paying extra in water and sewer because of this practice, Mark? What's the number? More of a million. Pardon me? Break it down by household. How much is it? 16,000 households. How much is it a household? Well, it's not about the- Sure it is. You're talking pennies here. Well, if it is pennies, then let's save them the pennies. No. We have a practice here that's a good practice. You even had Brian Green come up here when we sat through the financial sustainability, talked about clients he has at 100% are vested, but yet he has to guarantee a 7% return. And what we have also is we have retirees that keep coming up that affect the number as well. So we contribute as a township to reduce our OPEP, and the three departments that are fully funded are still subject to retirements that are occurring. And we have, I can't tell you the number off hand, we have many retirements coming up here in the short term. I forget the number Jason, but it's- It's the new kind of amount. Yes. Well, since it's over the ADC, is the road fund paying in the full amount of their ADC, or more than their ADC? Is public safety paying in more than their ADC? Is the township- fund paying anymore their abc the answer to that is no and it's in the calculations as well so from the perspective of who needs to contribute to get get to fully funded water and sewer has made their contributions my other concern is renters that are paying those fees are meeting obligations that should probably come out of the general fund as a consolidated number and that is a concern for me and last year we made fifty thousand dollar payment from water and sewer above benefits yet the board never approved it in the meeting for the budget there was no additional payment required by water and sewer so when was that approved we have over 1.4 million over since 2018 that went in about benefit payments right so whether it's 1500 per household and if it is that small and not worried then pay for it from the general fund it's the same amount it's just a different pocket um the only other thing i'll say on that is the the annual adcs we've made from the water and sewer department um are correct and they've been based on the actuarial reports the latest opeb actuarial

25. 30:00

    fund paying anymore their abc the answer to that is no and it's in the calculations as well so from the perspective of who needs to contribute to get get to fully funded water and sewer has made their contributions my other concern is renters that are paying those fees are meeting obligations that should probably come out of the general fund as a consolidated number and that is a concern for me and last year we made fifty thousand dollar payment from water and sewer above benefits yet the board never approved it in the meeting for the budget there was no additional payment required by water and sewer so when was that approved we have over 1.4 million over since 2018 that went in about benefit payments right so whether it's 1500 per household and if it is that small and not worried then pay for it from the general fund it's the same amount it's just a different pocket um the only other thing i'll say on that is the the annual adcs we've made from the water and sewer department um are correct and they've been based on the actuarial reports the latest opeb actuarial report is uh like i said eight dated april 1st 2024 and it was for our fiscal year 33126 That is the first time that that ADC was shown as a negative, meaning overfunded, which is why this February, when we're making the contributions, we're not making the $50,000 contribution we made in the previous years. But when was that approved by the board? When was what approved? In the previous years, it was several hundred thousand. Based on national reports? Yes. And what you're doing is you're taking the benefit payments, which the Milliman and the auditors consider to be a contribution, you added them together, and it was the only fund that that was done to. And when residents complain about high water and sewer rates, I just think it's disingenuous to have us continue to pay in that money. That is the only fund that is a full accrual fund, so it is treated differently from the other governmental funds. So the next question I have is regarding, are there going to be any assigned funds for

26. 31:15

    sewer department um are correct and they've been based on the actuarial reports the latest opeb actuarial report is uh like i said eight dated april 1st 2024 and it was for our fiscal year 33126 That is the first time that that ADC was shown as a negative, meaning overfunded, which is why this February, when we're making the contributions, we're not making the $50,000 contribution we made in the previous years. But when was that approved by the board? When was what approved? In the previous years, it was several hundred thousand. Based on national reports? Yes. And what you're doing is you're taking the benefit payments, which the Milliman and the auditors consider to be a contribution, you added them together, and it was the only fund that that was done to. And when residents complain about high water and sewer rates, I just think it's disingenuous to have us continue to pay in that money. That is the only fund that is a full accrual fund, so it is treated differently from the other governmental funds. So the next question I have is regarding, are there going to be any assigned funds for the general fund? What do you mean assigned? In our fund policy, you are allowed to make recommendations for assigned funds. West Bloomfield has assigned funds. They have over $7 million of assigned funds for public safety. Those funds are used to get public safety up to the point to help make payments for public. safety appropriations their salaries and benefits until tax revenue comes in this year the quarterly reports showed 16 million dollar deficit those deficits started back in september according to the quarterly reports we also show negative numbers for the road fund i would like to know how those are being met from unrestrict from unrestricted funds because if we can't meet them then we should assign funds or we should allow a loan and what's critical is if you're at 17 to 18 million and your general fund balance is only 16 million how do you

27. 32:30

    So the next question I have is regarding, are there going to be any assigned funds for the general fund? What do you mean assigned? In our fund policy, you are allowed to make recommendations for assigned funds. West Bloomfield has assigned funds. They have over $7 million of assigned funds for public safety. Those funds are used to get public safety up to the point to help make payments for public. safety appropriations their salaries and benefits until tax revenue comes in this year the quarterly reports showed 16 million dollar deficit those deficits started back in september according to the quarterly reports we also show negative numbers for the road fund i would like to know how those are being met from unrestrict from unrestricted funds because if we can't meet them then we should assign funds or we should allow a loan and what's critical is if you're at 17 to 18 million and your general fund balance is only 16 million how do you meet payroll for police and fire if there's a drop in home values and that's what i'm concerned about um no one on the board has been able to address where the money is coming from to make which fund the money is coming from they are not saying you can't take it out of for example safety path that's a voted on millage correct you cannot use safety path a voted on millage to pay for public safety yes or no public safety millages are for the public safety fund you cannot use safety path money to pay for payroll from the police department yes or no okay is that the path millage would fund safety paths so what is a source of funds to meet payroll obligations for public safety so to get back to your initial question on assigned funds we don't assign funds and it's not a requirement okay you mentioned West Bloomfield I don't follow what they do but that's not a requirement so where are the 18 million dollars to cover this year road and public safety from starting September which we see a

28. 33:45

    critical is if you're at 17 to 18 million and your general fund balance is only 16 million how do you meet payroll for police and fire if there's a drop in home values and that's what i'm concerned about um no one on the board has been able to address where the money is coming from to make which fund the money is coming from they are not saying you can't take it out of for example safety path that's a voted on millage correct you cannot use safety path a voted on millage to pay for public safety yes or no public safety millages are for the public safety fund you cannot use safety path money to pay for payroll from the police department yes or no okay is that the path millage would fund safety paths so what is a source of funds to meet payroll obligations for public safety so to get back to your initial question on assigned funds we don't assign funds and it's not a requirement okay you mentioned West Bloomfield I don't follow what they do but that's not a requirement so where are the 18 million dollars to cover this year road and public safety from starting September which we see a negative balance in the quarterly reports all you have to do is subtract out the starting balances where is that almost 18 million dollars coming from to fund those two departments do you know it will come from the revenue that's going to be collected on the tax bills in the winter in addition to a transfer from the general fund that's at the end of the year I'm asking from September to December you have to pull that money has to come from a fund it does not all it's all expenses that you all expenses that are being recorded when they're paid payroll benefits capital everything as they're being paid they are being recorded in the appropriate fund there's no public safety expenses that are being covered and paid out of general and then being reimbursed even on a temporary basis because mr. Shostak showed me a report saying we have negative you of cash 16 million that's cash i'm talking revenues and expenses uh yes and i am talking about appropriations to fund public safety through december that's a big dollar amount and the board should know what is the source until you hit tax payment day and what i'm saying is what you're

29. 35:00

    year road and public safety from starting September which we see a negative balance in the quarterly reports all you have to do is subtract out the starting balances where is that almost 18 million dollars coming from to fund those two departments do you know it will come from the revenue that's going to be collected on the tax bills in the winter in addition to a transfer from the general fund that's at the end of the year I'm asking from September to December you have to pull that money has to come from a fund it does not all it's all expenses that you all expenses that are being recorded when they're paid payroll benefits capital everything as they're being paid they are being recorded in the appropriate fund there's no public safety expenses that are being covered and paid out of general and then being reimbursed even on a temporary basis because mr. Shostak showed me a report saying we have negative you of cash 16 million that's cash i'm talking revenues and expenses uh yes and i am talking about appropriations to fund public safety through december that's a big dollar amount and the board should know what is the source until you hit tax payment day and what i'm saying is what you're asking for or thinking that needs to be done is not correct and i don't agree with are you using water and sewer funds to pay that money that that down no are you using capital improvement funds is this uh inquisition of my practices in my education apparently it is it's a practice that we have here mark and it's really irrelevant right i rather am i mean meeting payroll for public safety is irrelevant can we mark at every meeting i've said that the general fund has enough cash to cover it's all part of the governmental funds which is all part of the township and i'm asked there's nothing untoward or anything uh about how jason's accounting for it okay i've said it every single time it comes from the general fund if it's i mean how many times do we say the same thing can i ask a couple questions about the budget that we're looking at for 2027 sure chris do you mind jason go for it that's nice so um as it relates i noticed that the accounting department and the hr department kind of had a flip meaning hr increased significantly in their budget from the previous year as well as accounting can you explain why yeah so the development of the hr department

30. 36:15

    should know what is the source until you hit tax payment day and what i'm saying is what you're asking for or thinking that needs to be done is not correct and i don't agree with are you using water and sewer funds to pay that money that that down no are you using capital improvement funds is this uh inquisition of my practices in my education apparently it is it's a practice that we have here mark and it's really irrelevant right i rather am i mean meeting payroll for public safety is irrelevant can we mark at every meeting i've said that the general fund has enough cash to cover it's all part of the governmental funds which is all part of the township and i'm asked there's nothing untoward or anything uh about how jason's accounting for it okay i've said it every single time it comes from the general fund if it's i mean how many times do we say the same thing can i ask a couple questions about the budget that we're looking at for 2027 sure chris do you mind jason go for it that's nice so um as it relates i noticed that the accounting department and the hr department kind of had a flip meaning hr increased significantly in their budget from the previous year as well as accounting can you explain why yeah so the development of the hr department well HR used to be under a part of accounting now that we've got a director there and then one of the staff that I used to supervise has been transitioned into that department so this next fiscal year we have a full 12 months budgeted for three full positions where these last couple years have been partial years and transition period perfect so our benefits analysts or a manager move from accounting so that's the other one that added to it so it wasn't just a generalist HR and benefits administrator and then the other plans to hire a generalist that makes sense to me as it relates to assessing it seems like we're spending a little extra in printing and publishing is that as it relates to our sads because we have to do more legal associated with our noticing correct okay and as that is ramped up we notice more costs associated with that yep and it's a hard number to predict you know there's some in the pipeline and there's some that you may not know right away because we only know about so many petitions that are out but it depends on when we get them back right yeah so it makes sense to me and then elections the reason elections and salaries are up this year I imagine is because we have a couple elections right so we just add a little bit to it for all of our part-time staff yes perfect well just just to be I

31. 37:30

    well HR used to be under a part of accounting now that we've got a director there and then one of the staff that I used to supervise has been transitioned into that department so this next fiscal year we have a full 12 months budgeted for three full positions where these last couple years have been partial years and transition period perfect so our benefits analysts or a manager move from accounting so that's the other one that added to it so it wasn't just a generalist HR and benefits administrator and then the other plans to hire a generalist that makes sense to me as it relates to assessing it seems like we're spending a little extra in printing and publishing is that as it relates to our sads because we have to do more legal associated with our noticing correct okay and as that is ramped up we notice more costs associated with that yep and it's a hard number to predict you know there's some in the pipeline and there's some that you may not know right away because we only know about so many petitions that are out but it depends on when we get them back right yeah so it makes sense to me and then elections the reason elections and salaries are up this year I imagine is because we have a couple elections right so we just add a little bit to it for all of our part-time staff yes perfect well just just to be I do want to add something there briefly which is it's up from last year so this coming year is a you know a major election season so they'll be a lot more election work than was last year But if you compare the previous election cycle when there was a statewide and federal elections to this coming budget year, it's actually down. The reason why it's down is because my staff is talented and driven and does a lot of extra work and two, we reduce the number of precincts and change some of our practices as far as how things are staffed. So we're actually saving money over the previous election cycle of a similar nature. Yeah, similar to how you guys are going to be internally doing that one, the special one for Avondale. So it saves the township money, but then also gets your staff a little more, like you said, the check sheets. So perfect. And then there was one I want to talk about the board as well as you'll have to address specifically as it relates to ZBA and planning. We have a budget item for them and it's based on the salaries or the compensation we pay for people that go to both our members of our ZBA and our planning.

32. 38:45

    little bit to it for all of our part-time staff yes perfect well just just to be I do want to add something there briefly which is it's up from last year so this coming year is a you know a major election season so they'll be a lot more election work than was last year But if you compare the previous election cycle when there was a statewide and federal elections to this coming budget year, it's actually down. The reason why it's down is because my staff is talented and driven and does a lot of extra work and two, we reduce the number of precincts and change some of our practices as far as how things are staffed. So we're actually saving money over the previous election cycle of a similar nature. Yeah, similar to how you guys are going to be internally doing that one, the special one for Avondale. So it saves the township money, but then also gets your staff a little more, like you said, the check sheets. So perfect. And then there was one I want to talk about the board as well as you'll have to address specifically as it relates to ZBA and planning. We have a budget item for them and it's based on the salaries or the compensation we pay for people that go to both our members of our ZBA and our planning. I think we need to address the conversation for those members when we look at how much time it takes from the research aspect and from the time commitment for those committees. It seems to be a lot more than some of our other ones. I know Trustee Barnett's been on planning for a while. He was on ZBA prior to this. And when you look at the research associated with it for those members and the people, I think we should maybe consider upping the salaries as a budget since we're talking about the budget. the budget. The budget. The budget. The budget. The budget. because I think the amount of hours that our residents are dedicating to it now is not reflective in their compensation for it, and we can make it right now. So Chris, currently what are we paying, $150 a meeting? $125 for ZBA, for any of the board members, and I believe it's the same for planning. I believe so, yes. So what would you like to recommend? I think $200 a meeting for those members. And I am in total agreement. I've been advocating for a while to increase the ZBA and the Planning Commission members. They're volunteers, and they do a tremendous job. They take it very seriously, and sometimes, unfortunately,

33. 40:00

    I think we need to address the conversation for those members when we look at how much time it takes from the research aspect and from the time commitment for those committees. It seems to be a lot more than some of our other ones. I know Trustee Barnett's been on planning for a while. He was on ZBA prior to this. And when you look at the research associated with it for those members and the people, I think we should maybe consider upping the salaries as a budget since we're talking about the budget. the budget. The budget. The budget. The budget. The budget. because I think the amount of hours that our residents are dedicating to it now is not reflective in their compensation for it, and we can make it right now. So Chris, currently what are we paying, $150 a meeting? $125 for ZBA, for any of the board members, and I believe it's the same for planning. I believe so, yes. So what would you like to recommend? I think $200 a meeting for those members. And I am in total agreement. I've been advocating for a while to increase the ZBA and the Planning Commission members. They're volunteers, and they do a tremendous job. They take it very seriously, and sometimes, unfortunately, they have to put up with a great deal of abuse from our residents, and they don't flinch. They just do their jobs, and they try and represent the township as best as they can. And you're right. They do a great deal of work. I know from my prior experience on the ZBA, it's hours and hours of work, and it certainly is with the Planning Commission. So I think it's a reasonable request. The only thing I might add is that if maybe Andrea could correct, shake her head one way or the other. I think it was 2017 when they last adjusted the pay for members of those boards. That sounds like that. Yeah. And, you know, and I think it's overdue for a larger time. increase than that I personally had you know I think that we see what goes on and planning planning and ZBA you know like $300 a meeting would be pretty reasonable to me a real actual underpayment for what they actually are called upon to do and prepare for and given how long it's been since there was an increase and again I just wanted to make some type of monetary increase some when I talked to supervisor McCready about this I kind of used ours and I just use myself if you go through a ZBA packet just reviewing the packets

34. 41:15

    They take it very seriously, and sometimes, unfortunately, they have to put up with a great deal of abuse from our residents, and they don't flinch. They just do their jobs, and they try and represent the township as best as they can. And you're right. They do a great deal of work. I know from my prior experience on the ZBA, it's hours and hours of work, and it certainly is with the Planning Commission. So I think it's a reasonable request. The only thing I might add is that if maybe Andrea could correct, shake her head one way or the other. I think it was 2017 when they last adjusted the pay for members of those boards. That sounds like that. Yeah. And, you know, and I think it's overdue for a larger time. increase than that I personally had you know I think that we see what goes on and planning planning and ZBA you know like $300 a meeting would be pretty reasonable to me a real actual underpayment for what they actually are called upon to do and prepare for and given how long it's been since there was an increase and again I just wanted to make some type of monetary increase some when I talked to supervisor McCready about this I kind of used ours and I just use myself if you go through a ZBA packet just reviewing the packets over an hour and then if you go visit sites it's another couple hours so when you add up the amount of hours our members are doing it can be six to seven hours per meeting that's a pretty big task and when you look at members of the Planning Commission when they're looking at some of these complex issues they go visits when we talk about the hours associated with it when you look at a $200 or $300 stipend it's still a forty or fifty dollars an hour and these are professionals that that is a significant decrease from what they're getting paid in their normal jobs and they're not doing this as a job they're doing to give back but it is a way for us to say so I'm not opposed to that why don't we could meet the middle and do 250 and then if we continue to see it we can make amendments but I wanted to hear what the board thought and then we can go from there but I appreciate your support Martin yeah I would be on board with the 250 I mean to take it from 125 to 300 is considerable jump I don't know about the budget implications or but it seems like 125 is not significant enough for the position. Okay. So what I don't think, we won't be voting on it here. What I'd suggest perhaps is that at our next meeting, when we do go through the budget, we could entertain a resolution

35. 42:30

    and I just use myself if you go through a ZBA packet just reviewing the packets over an hour and then if you go visit sites it's another couple hours so when you add up the amount of hours our members are doing it can be six to seven hours per meeting that's a pretty big task and when you look at members of the Planning Commission when they're looking at some of these complex issues they go visits when we talk about the hours associated with it when you look at a $200 or $300 stipend it's still a forty or fifty dollars an hour and these are professionals that that is a significant decrease from what they're getting paid in their normal jobs and they're not doing this as a job they're doing to give back but it is a way for us to say so I'm not opposed to that why don't we could meet the middle and do 250 and then if we continue to see it we can make amendments but I wanted to hear what the board thought and then we can go from there but I appreciate your support Martin yeah I would be on board with the 250 I mean to take it from 125 to 300 is considerable jump I don't know about the budget implications or but it seems like 125 is not significant enough for the position. Okay. So what I don't think, we won't be voting on it here. What I'd suggest perhaps is that at our next meeting, when we do go through the budget, we could entertain a resolution and Andrea could probably give us a recommendation based upon comps and such as to what that number should be and where it falls. Perhaps 250 is the number, but maybe we bring that back at the next meeting when we finalize the budget. Perfect. And again, I just wanted to bring in this form because if this is lying on them for those, that would be adjustments that Jason would have to do associated with it. And since we're continuing, we have addressed union contracts, which we talked about, we addressed board compensation, and let's take care of our boards. So thank you for that support. Thanks, Chris, for bringing that out. Absolutely. I agree. Okay. Any other questions for Jason? I didn't know if Chris was done. I have one question. Go ahead. On the cable, building and grounds, it's a significant increase from about $15,000 to $50,000. Just curious what the plan is for. Is there a renovation, an addition? Do we know? Yeah. I think we have some, oh, we have about $25,000, $30,000 in there right now for landscaping. I think that was one of the items that is possibly going to come off or be delayed. So...

36. 43:45

    when we do go through the budget, we could entertain a resolution and Andrea could probably give us a recommendation based upon comps and such as to what that number should be and where it falls. Perhaps 250 is the number, but maybe we bring that back at the next meeting when we finalize the budget. Perfect. And again, I just wanted to bring in this form because if this is lying on them for those, that would be adjustments that Jason would have to do associated with it. And since we're continuing, we have addressed union contracts, which we talked about, we addressed board compensation, and let's take care of our boards. So thank you for that support. Thanks, Chris, for bringing that out. Absolutely. I agree. Okay. Any other questions for Jason? I didn't know if Chris was done. I have one question. Go ahead. On the cable, building and grounds, it's a significant increase from about $15,000 to $50,000. Just curious what the plan is for. Is there a renovation, an addition? Do we know? Yeah. I think we have some, oh, we have about $25,000, $30,000 in there right now for landscaping. I think that was one of the items that is possibly going to come off or be delayed. So... that'll come down in the next version okay yeah no i was just curious what you know what improvements are we making yeah not questioning yeah that was that was the biggest piece of it all right thank you martin uh earlier you brought up a couple of items that were not on the budget but to be considered and what i want to talk about and recommend to all of us is is to provide some increased funding for uh spring uh road uh you know potholes and so such um we all know how bad this winter has been on the roads um and i think we can anticipate there'll be some additional needs um and the residents would i think very much appreciate getting these things fixed sooner than later um i don't know if noah's willing to talk briefly about it whether you know whether this is a something that you would support and what what amount of funding would be appropriate to get this done um the plan would be to utilize any additional funding to pay a contractor to come in and support our efforts to do pothole patching through the township so um i initially recommended like 250 000 as an impactful amount for that contractor um it would really depend how much they can do would depend on what the bid amount comes in at and you know kind of the condition of

37. 45:00

    that'll come down in the next version okay yeah no i was just curious what you know what improvements are we making yeah not questioning yeah that was that was the biggest piece of it all right thank you martin uh earlier you brought up a couple of items that were not on the budget but to be considered and what i want to talk about and recommend to all of us is is to provide some increased funding for uh spring uh road uh you know potholes and so such um we all know how bad this winter has been on the roads um and i think we can anticipate there'll be some additional needs um and the residents would i think very much appreciate getting these things fixed sooner than later um i don't know if noah's willing to talk briefly about it whether you know whether this is a something that you would support and what what amount of funding would be appropriate to get this done um the plan would be to utilize any additional funding to pay a contractor to come in and support our efforts to do pothole patching through the township so um i initially recommended like 250 000 as an impactful amount for that contractor um it would really depend how much they can do would depend on what the bid amount comes in at and you know kind of the condition of the neighborhood so but we were going to focus possibly on section 34 uh near the westchester sub being a kind of a one of our worst hit areas So, but it would go throughout. Is there any budget amount this year for the Cape Seal, the program? Yep, that would be, I pushed for this to be additional money, so yeah, there would be 250,000 or somewhere right around there for the Cape Seal program still. Thank you. So, I mean, I would, I recommend that we consider, you know, using 250 from what otherwise would go to the capital account for DPW to do additional road patching this spring. I would support that, I would need it. In the new year, as of April 1, yep. Yes, again, just walking through my neighborhood, I'm already seeing some of the potholes that are caused by the plowing, so you know if you're just seeing it in your small little area, you're gonna see it all over the township. So, clearly that's gonna be a major need here because we had to salt and plow a lot more than normal years. That's a good point, it's hard to argue against Seth because we all feel the effects when we're driving, so, or walking in our neighborhood, so that's a good point.

38. 46:15

    they can do would depend on what the bid amount comes in at and you know kind of the condition of the neighborhood so but we were going to focus possibly on section 34 uh near the westchester sub being a kind of a one of our worst hit areas So, but it would go throughout. Is there any budget amount this year for the Cape Seal, the program? Yep, that would be, I pushed for this to be additional money, so yeah, there would be 250,000 or somewhere right around there for the Cape Seal program still. Thank you. So, I mean, I would, I recommend that we consider, you know, using 250 from what otherwise would go to the capital account for DPW to do additional road patching this spring. I would support that, I would need it. In the new year, as of April 1, yep. Yes, again, just walking through my neighborhood, I'm already seeing some of the potholes that are caused by the plowing, so you know if you're just seeing it in your small little area, you're gonna see it all over the township. So, clearly that's gonna be a major need here because we had to salt and plow a lot more than normal years. That's a good point, it's hard to argue against Seth because we all feel the effects when we're driving, so, or walking in our neighborhood, so that's a good point. I have just one other question. So, Jason, you would have answered it to me, but some other people I would like, just so you can touch on it was, why would we ever have a fund balance in debt service? So, that has to do with timing of fiscal year and when we collect the millage for it or our other revenue and the timing of when the principal and interest payments are. So, similarly to, we're gonna have some of these... funds winding down uh between now and 2032 so as that occurs we'll approach it the same way i did with the library debt uh fund and look ahead and what we did there was the the final budget year that the principal and interest was due we didn't we didn't include that millage on the we didn't need to include that millage on that year's property tax bill we had enough already collected that we pulled it right out of the fund balance and drew that fund down to zero perfect thank you very much any other questions for jason thank you jason i appreciate it i've got one more question on the debt income um or the interest income on the treasurer's report uh other communities uh allocate

39. 47:30

    or walking in our neighborhood, so that's a good point. I have just one other question. So, Jason, you would have answered it to me, but some other people I would like, just so you can touch on it was, why would we ever have a fund balance in debt service? So, that has to do with timing of fiscal year and when we collect the millage for it or our other revenue and the timing of when the principal and interest payments are. So, similarly to, we're gonna have some of these... funds winding down uh between now and 2032 so as that occurs we'll approach it the same way i did with the library debt uh fund and look ahead and what we did there was the the final budget year that the principal and interest was due we didn't we didn't include that millage on the we didn't need to include that millage on that year's property tax bill we had enough already collected that we pulled it right out of the fund balance and drew that fund down to zero perfect thank you very much any other questions for jason thank you jason i appreciate it i've got one more question on the debt income um or the interest income on the treasurer's report uh other communities uh allocate that to the individual funds uh who owns the assets while we just drop it into the general fund um so my question is is gap seems to require appears to require the uh in pooled investment funds that investment income go into first the fund that owns the asset and secondly if you want to move it to the general fund and i wanted to understand why that that's not occurring and why the funds are just put right into the general fund Isn't that kind of a repetitive question that you had earlier? Yes. So first of all, as an issue of law, the Charter Township Act explicitly allows it to be placed into the general fund. It's a policy decision you've asked the same question many times about. But we have voted on tax millages which do not have any statements regarding placing those funds in. And the residents that vote on those tax millages believe that they are used for a specific intended purpose.

40. 48:45

    debt income um or the interest income on the treasurer's report uh other communities uh allocate that to the individual funds uh who owns the assets while we just drop it into the general fund um so my question is is gap seems to require appears to require the uh in pooled investment funds that investment income go into first the fund that owns the asset and secondly if you want to move it to the general fund and i wanted to understand why that that's not occurring and why the funds are just put right into the general fund Isn't that kind of a repetitive question that you had earlier? Yes. So first of all, as an issue of law, the Charter Township Act explicitly allows it to be placed into the general fund. It's a policy decision you've asked the same question many times about. But we have voted on tax millages which do not have any statements regarding placing those funds in. And the residents that vote on those tax millages believe that they are used for a specific intended purpose. The revenue from the millages is used for the purpose for which they're levied. The interest from the pooled cash accounts is governed by the Charter Township Act and it explicitly allows for that as a policy decision. Is that the Charter Township Act or the General Township Act? That's the Charter Township Act. Okay. Thank you. Thank you, Jason. All right. Item number three, discussion of municipal accounting and finance presented by our Treasurer, Michael Shostak. Well, I don't know that we have a lot of time, but hold on one second here. Okay. Okay. Now we've got to get ready for our normal meeting. Um. Ch-ch-ch-ch-ch-ch-ch-ch. Thank you. All right. Thank you. but I was asked to basically just give an overview of you know accounting not

41. 50:00

    And the residents that vote on those tax millages believe that they are used for a specific intended purpose. The revenue from the millages is used for the purpose for which they're levied. The interest from the pooled cash accounts is governed by the Charter Township Act and it explicitly allows for that as a policy decision. Is that the Charter Township Act or the General Township Act? That's the Charter Township Act. Okay. Thank you. Thank you, Jason. All right. Item number three, discussion of municipal accounting and finance presented by our Treasurer, Michael Shostak. Well, I don't know that we have a lot of time, but hold on one second here. Okay. Okay. Now we've got to get ready for our normal meeting. Um. Ch-ch-ch-ch-ch-ch-ch-ch. Thank you. All right. Thank you. but I was asked to basically just give an overview of you know accounting not because I'm an accountant and I certainly don't mean to step on Jason's toes in any way but given my background as a college professor in finance I thought maybe I could put something together and just go through it quickly and then we only have about nine minutes at this point so I can't control it Hannah do you want me to go over there and control it okay okay so basically as a nonprofit as a governmental entity we have to do things according to fund accounting not the same way that a business would do accounting fund accounting is about purpose not profit and it's about tracking how you spend money and you know making sure that it's used for what it's legally or politically supposed to be used for so business accounting of course is profit focused fund accounting is an accountability focus it's more about accounting than anything else a business will have one

42. 51:15

    but I was asked to basically just give an overview of you know accounting not because I'm an accountant and I certainly don't mean to step on Jason's toes in any way but given my background as a college professor in finance I thought maybe I could put something together and just go through it quickly and then we only have about nine minutes at this point so I can't control it Hannah do you want me to go over there and control it okay okay so basically as a nonprofit as a governmental entity we have to do things according to fund accounting not the same way that a business would do accounting fund accounting is about purpose not profit and it's about tracking how you spend money and you know making sure that it's used for what it's legally or politically supposed to be used for so business accounting of course is profit focused fund accounting is an accountability focus it's more about accounting than anything else a business will have one entity and one set of financial statements we have many because under fun accounting you got to treat things differently so next slide so I'll go through these quickly so an account is a single ledger a record of debits and credits is a trackable item it's something like cash accounts payable property taxes wages it's a single item that's tracked it is not a separate or distinct pool of money next slide an activity is how we define a specific line of work several of which are needed to fulfill a function so in the we have several activities like the treasurer's office the clerk's office supervisors office motor pool police fire senior services all those are called activities and an activity is not a separate or distinct pool of money it's a again a tracking mechanism a fund is a fiscal and accounting entity next slide piece a fiscal and accounting entity with a self balancing set of accounts so this is where you have separate financial statements by fund even though it's all part of the same entity so we track specific activities in a fund so an

43. 52:30

    entity and one set of financial statements we have many because under fun accounting you got to treat things differently so next slide so I'll go through these quickly so an account is a single ledger a record of debits and credits is a trackable item it's something like cash accounts payable property taxes wages it's a single item that's tracked it is not a separate or distinct pool of money next slide an activity is how we define a specific line of work several of which are needed to fulfill a function so in the we have several activities like the treasurer's office the clerk's office supervisors office motor pool police fire senior services all those are called activities and an activity is not a separate or distinct pool of money it's a again a tracking mechanism a fund is a fiscal and accounting entity next slide piece a fiscal and accounting entity with a self balancing set of accounts so this is where you have separate financial statements by fund even though it's all part of the same entity so we track specific activities in a fund so an example is a general fund a road fund a debt service fund etc so we it's a separate trackable self balancing set of accounts a fund is not what you might think of the word fun It is not a separate and distinct pool of money. It is a tracking mechanism. Next slide. So fund balance is the definition of what in the private sector you refer to as equity. So you take assets plus deferred outflows, subtract liabilities and deferred inflows. What's left over is your fund balance. Think of it like the equity you would look at in the private sector. It is calculated when you prepare statements according to GAAP, which we only do once a year as part of our final presentation and audit. GAAP has specific rules. You've heard GAAP generally accepted accounting principles. It has requirements about accruals and reserves and things that require a lot more effort and to make the statements comply with. And so we don't do that but for once a year. Fund balance is not the same as cash balance. Fund balance is equity because within assets and liabilities you've got things like capital

44. 53:45

    part of the same entity so we track specific activities in a fund so an example is a general fund a road fund a debt service fund etc so we it's a separate trackable self balancing set of accounts a fund is not what you might think of the word fun It is not a separate and distinct pool of money. It is a tracking mechanism. Next slide. So fund balance is the definition of what in the private sector you refer to as equity. So you take assets plus deferred outflows, subtract liabilities and deferred inflows. What's left over is your fund balance. Think of it like the equity you would look at in the private sector. It is calculated when you prepare statements according to GAAP, which we only do once a year as part of our final presentation and audit. GAAP has specific rules. You've heard GAAP generally accepted accounting principles. It has requirements about accruals and reserves and things that require a lot more effort and to make the statements comply with. And so we don't do that but for once a year. Fund balance is not the same as cash balance. Fund balance is equity because within assets and liabilities you've got things like capital equipment, roads, vehicles, debt, all that kind of stuff. That affects the fund balance. It's not cash. Cash is part of the assets within the overall fund balance. On the next slide, you've heard the term general ledger. This is where we record all of the financial transactions. A general ledger has one or more funds. A fund has one or more activities and an activity has one or more accounts. So it's all. hierarchical that way. On the next slide, how do we identify accounts? So you've seen on the reports that comes from Jason that each fund has a number, each activity has a number, and each account has a number. And it's a nine-digit number separated, you know, three, three, and three, the fund, the activity, and the account. So here I give you an example of the current taxes, meaning this is the tax revenue that we collect. It's in the activity called revenue, which is triple zero, and it's in the general fund, which is fund number 101. Separately, police wages is in the public safety fund, which is 205. The activity for police is 301, and the account for wages is 702. So again, all of this is,

45. 55:00

    Fund balance is equity because within assets and liabilities you've got things like capital equipment, roads, vehicles, debt, all that kind of stuff. That affects the fund balance. It's not cash. Cash is part of the assets within the overall fund balance. On the next slide, you've heard the term general ledger. This is where we record all of the financial transactions. A general ledger has one or more funds. A fund has one or more activities and an activity has one or more accounts. So it's all. hierarchical that way. On the next slide, how do we identify accounts? So you've seen on the reports that comes from Jason that each fund has a number, each activity has a number, and each account has a number. And it's a nine-digit number separated, you know, three, three, and three, the fund, the activity, and the account. So here I give you an example of the current taxes, meaning this is the tax revenue that we collect. It's in the activity called revenue, which is triple zero, and it's in the general fund, which is fund number 101. Separately, police wages is in the public safety fund, which is 205. The activity for police is 301, and the account for wages is 702. So again, all of this is, you know, meant for tracking purposes. On the next slide, I think this is really a critical view, is that the township is one entity. It's a, it's a whole, and it's all our money. But we have to track, according to fund accounting, things differently for different purposes. But they all ultimately are part of the one entity, which is the township. So the general fund, the public safety fund, road fund, et cetera, all of that are part of the township as a whole, and it is all our money as the township. Okay? All of the different types of funds that just track different things. But ultimately, it's all in, all together in one entity. And if you look in the, all report you see a chart that shows the township as a whole which is the sum of all of these funds on the next slide are what they call fiduciary funds which is not our money but this is money that we hold but it's not ours so the tax collection fund we collect taxes my when my office collects taxes taxes like we are right now we take the check for somebody's property taxes but that's not all our money some of it belongs to the school some of it belongs to the state etc some of it belongs to the zoo whatever we collect it and then we pay it

46. 56:15

    is 205. The activity for police is 301, and the account for wages is 702. So again, all of this is, you know, meant for tracking purposes. On the next slide, I think this is really a critical view, is that the township is one entity. It's a, it's a whole, and it's all our money. But we have to track, according to fund accounting, things differently for different purposes. But they all ultimately are part of the one entity, which is the township. So the general fund, the public safety fund, road fund, et cetera, all of that are part of the township as a whole, and it is all our money as the township. Okay? All of the different types of funds that just track different things. But ultimately, it's all in, all together in one entity. And if you look in the, all report you see a chart that shows the township as a whole which is the sum of all of these funds on the next slide are what they call fiduciary funds which is not our money but this is money that we hold but it's not ours so the tax collection fund we collect taxes my when my office collects taxes taxes like we are right now we take the check for somebody's property taxes but that's not all our money some of it belongs to the school some of it belongs to the state etc some of it belongs to the zoo whatever we collect it and then we pay it out to them so while we hold it it's held in the tax collection fund which is separate and distinct it is not our money same thing with the crude sick pay that belongs to the employees the 401a trust the OPEB trust the pension trust those are all separate and distinct entities that are not the township we hold it as a fiduciary but it is not our money on the next slide I define enterprise fund and an enterprise fund is used to track government activities that are like a private sector entity so we have one enterprise fund it's the water and sewer fund and you can think of it like it's a utility just like DTE or consumers you know even though those are for-profit enterprises we are not a for-profit enterprise but it is treated as like a private sector entity it requires separate accounting and a few different rules one of the things the jason mentioned earlier is that it's required to use full accrual accounting as opposed to modified accrual accounting that all of the other funds have to do and michigan law requires the separate accounting so that fees are not de facto taxes because not all residents are ratepayers

47. 57:30

    etc some of it belongs to the zoo whatever we collect it and then we pay it out to them so while we hold it it's held in the tax collection fund which is separate and distinct it is not our money same thing with the crude sick pay that belongs to the employees the 401a trust the OPEB trust the pension trust those are all separate and distinct entities that are not the township we hold it as a fiduciary but it is not our money on the next slide I define enterprise fund and an enterprise fund is used to track government activities that are like a private sector entity so we have one enterprise fund it's the water and sewer fund and you can think of it like it's a utility just like DTE or consumers you know even though those are for-profit enterprises we are not a for-profit enterprise but it is treated as like a private sector entity it requires separate accounting and a few different rules one of the things the jason mentioned earlier is that it's required to use full accrual accounting as opposed to modified accrual accounting that all of the other funds have to do and michigan law requires the separate accounting so that fees are not de facto taxes because not all residents are ratepayers and not all ratepayers are residents um on the next slide how we doing two minutes okay on the next slide uh is the statutory definition of budget and you see that it's a plan of financial operation for period a given period of time but it does not include anything that we're fiduciary for an enterprise fund a capital project fund or a debt service fund that is not included as part of the legal definition of budget um and that the total estimated expenditures including the accrued deficit if we had one we don't okay we have we have surpluses or fund balance um that basically what that mcl 141 435 says we have to have a balanced budget that's by law you have to have a balanced budget and that includes the fund balance or the accrued deficit if there was one and if you don't then you have to file a whole bunch of reports with the state and come up with a plan as to how you're going to get out of deficit luckily we've never had that and we never will um on the next slide um the budget mechanics as jason just went through we prepare and vote on a balanced budget as required by law um our fund balances are all positive and since we have a balanced budget next year

48. 58:45

    separate accounting so that fees are not de facto taxes because not all residents are ratepayers and not all ratepayers are residents um on the next slide how we doing two minutes okay on the next slide uh is the statutory definition of budget and you see that it's a plan of financial operation for period a given period of time but it does not include anything that we're fiduciary for an enterprise fund a capital project fund or a debt service fund that is not included as part of the legal definition of budget um and that the total estimated expenditures including the accrued deficit if we had one we don't okay we have we have surpluses or fund balance um that basically what that mcl 141 435 says we have to have a balanced budget that's by law you have to have a balanced budget and that includes the fund balance or the accrued deficit if there was one and if you don't then you have to file a whole bunch of reports with the state and come up with a plan as to how you're going to get out of deficit luckily we've never had that and we never will um on the next slide um the budget mechanics as jason just went through we prepare and vote on a balanced budget as required by law um our fund balances are all positive and since we have a balanced budget next year fund balances will still be positive because we have a balanced budget and as i said fund balance is only calculated at the end of each year as part of the gap financial statements the next slide is the quarterly financial report which says according to mcl 4229 that the supervisor must submit to the board data showing the relationship between the estimated and actual income expenses to date which is legal way of saying a budget to actual report okay so how are we doing on our budget versus how are we doing against our budget um and if the report shows that actual expenses are higher than we budgeted or income is less by having a quarterly report we can take appropriate action we can trim the budget if we need to uh is is what it's for so it's a budget to actual report and only a budget actual report it does not look at assets liabilities cash balance or fund balance strictly how we compare to this budget that we're going to approve next month and that report is provided and it's in your packet every quarter how are we doing versus our budget um and the last slide here um i'm already over a minute but um cash balance in a given fund as we've talked about may fall below

49. 1:00:00

    fund balances will still be positive because we have a balanced budget and as i said fund balance is only calculated at the end of each year as part of the gap financial statements the next slide is the quarterly financial report which says according to mcl 4229 that the supervisor must submit to the board data showing the relationship between the estimated and actual income expenses to date which is legal way of saying a budget to actual report okay so how are we doing on our budget versus how are we doing against our budget um and if the report shows that actual expenses are higher than we budgeted or income is less by having a quarterly report we can take appropriate action we can trim the budget if we need to uh is is what it's for so it's a budget to actual report and only a budget actual report it does not look at assets liabilities cash balance or fund balance strictly how we compare to this budget that we're going to approve next month and that report is provided and it's in your packet every quarter how are we doing versus our budget um and the last slide here um i'm already over a minute but um cash balance in a given fund as we've talked about may fall below zero and a quarter but what we have to look at is the total cash balance for all of the governmental funds because the township is one entity and we use the fund accounting to look at different specific specific purposes but ultimately it's one entity that need to look at so um you know as as i've said before we could make interfund loans of cash but it wouldn't appear on the quarterly financial reports and we'd reverse them in the same year because when the money comes in from the taxes it would just go back to the fund that let that it loaned from so it's really just unnecessary um paperwork but what we need to look at is the total cash balance and i don't know if it was last meeting or the meeting before that i brought as part of my treasurer's report um the cash balances by all of the funds and the sum of all the balances in the governmental funds which was overwhelmingly positive um even though the public safety fund was uh low so that's my lecture for today you all get an a for listening and not throwing stuff at me so thank you michael you wore your professor i know that's very good it feels good to get back to my get back to my lecturing you know that was really good information thank you michael

50. 1:01:15

    um i'm already over a minute but um cash balance in a given fund as we've talked about may fall below zero and a quarter but what we have to look at is the total cash balance for all of the governmental funds because the township is one entity and we use the fund accounting to look at different specific specific purposes but ultimately it's one entity that need to look at so um you know as as i've said before we could make interfund loans of cash but it wouldn't appear on the quarterly financial reports and we'd reverse them in the same year because when the money comes in from the taxes it would just go back to the fund that let that it loaned from so it's really just unnecessary um paperwork but what we need to look at is the total cash balance and i don't know if it was last meeting or the meeting before that i brought as part of my treasurer's report um the cash balances by all of the funds and the sum of all the balances in the governmental funds which was overwhelmingly positive um even though the public safety fund was uh low so that's my lecture for today you all get an a for listening and not throwing stuff at me so thank you michael you wore your professor i know that's very good it feels good to get back to my get back to my lecturing you know that was really good information thank you michael i think that's something we can review another presentation okay and if you want i'll get you the copy of the slides and at six o'clock any other board discussion last thing i want to maybe just say quickly is to um folks won't see this on tv but i want to recognize all the department heads that are here i want to thank you all for your hard work and working with jason to prepare this budget um you all you know are the heartbeat of this township and the the reason why the residents receive excellent services so thank you for your leadership and your dedication to the residents and the township we all really appreciate it thank you yes thank you well said move for adjournment so moved support support all in favor say aye aye adjourned