HomeMy WebLinkAboutCCWkspAgenda 7-18-2012Falcon Heights City Council Workshop City Hall 2077 W Larpenteur Ave. 5 :3 0 p.m. AGENDA Wednesday , July 18 , 2012 1) Council Tour of Road/Street Conditions in Falcon Heights (5:30 pm leave from City Hall) 2) Discussion of Special Revenue and Debt Service Fund Budgets (6:30 pm back at City Hall) -The LED lighting proposal will be discussed under Special Revenue, Fund 209, Street Lighting. If you have a disability and need accommodation in order to attend this meeting, please notify City Hall 48 hours in advance between the hours of 8:00 a.m. and 4:30 p.m. at 651 -792 -7600. We will be happy to help.
REQUEST FOR COUNCIL ACTION Families, Fields and Fair __________________________ The City That Soars! Item Draft 201 3 Debt Service and Special Revenue Budgets Description Enclosed are the proposed 2013 budgets for the Debt Service and Special Revenue Funds . Debt Service: The City has one outstanding bond: Fund 306 General Obligation Equipment Certificates 2010A Special Revenue: The City ma intains funds for purposes so described by their titles. Fund 201 Parks Programs Fund 203 Community Garden Fund 204 Water Fund Fund 205 Emerald Ash Borer Grant Fund 206 Recycling Fund 208 Community Development Fund 209 Street Lighting -LED Light Discussion Fund 205 Emerald Ash Borer: The city received a grant from the Mn DNR for ash tree removals a nd replantings. It is a multi -year grant. It is estimated that 2/3 of the work will be completed in 2013 and the balance in 2014. The grant requires matching funds. The City’s matching funds would appropriately come from the Infrastructure Fund. Fun d 206 Recycling: We currently use Tennis Sanitation as the company to pick up the recyclables for the City. Their contract expires December 31, 2013. The recycling grant revenue information from Ramsey County is not available until late in the year, b ut we are estimating it will continue at the same rate as 2012. The 2012 fee is $3.00/month. To achieve a break even position on this fund, the monthly fee would need to be increased to $3.25/month for 2013. Fund 209 Street Lighting: The City is ex ploring retrofitting our city owned street lights, our city signs, and city hall outside lights with LED lights. An LED Meeting Date July 18, 2012 Agenda Item Workshop 1 Attachment DRAFT 2013 Debt Service & Special Revenue Fund Budgets . LED Lighting Worksheet Submitted By Bart Fischer , City Administrator
estimated cost worksheet is included. Budget Impact Depend ent on eventual adoption of 2013 budget Att achment(s) DRAFT 2013 Debt Servi ce and Special Revenue Fund Budgets. LED Lighting Worksheet. Action(s) Requested No action required, but guidance on how to proceed will be beneficial as st aff continues to refine the 2013 budget .