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HomeMy WebLinkAboutCCWkspAgenda 8-6-2014Falcon Heights City Council Workshop City Hall 2077 W Larpenteur Ave. 6:30 p.m. AGENDA Wednesday August 6, 2014 1) Discussion on the Draft 2015 General Fund Budget 2) Discussion on the Future Capital Improvement Plan (CIP) with the City Engineer 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. Workshop Item The City That Soars! Item Draft 2015 General Fund Budget Description Staff has been busy preparing the proposed budget for 2015. A preliminary levy must be set by September 15th, so the City Council will formally act on the preliminary levy at the September 10th City Council meeting. The purpose of this workshop will be to present the Draft 2015 General Fund Budget to the City Council and allow staff time to incorporate changes before presenting it for possible continued discussion at the September 3rd Workshop and then for preliminary levy approval on September 10th. Once again this year, staff is only presenting (at this Workshop) the expenditures side of the Draft 2015 General Fund Budget as revenue numbers have not been confirmed at this time. All indications point toward a small increase in Local Government Aid (LGA), a significant decrease in Fiscal Disparities revenue and a small “uptick” in taxable value for 2015. More information on 2015 General Fund revenues will be presented at the September 3rd Council Workshop. Staff’s goal continues to be to keep a lean budget while investing in quality services for the Community. Key points of interest for this draft budget include: 1) Increase in expenditures from 2014 to 2015 of $106,922 or 6%. -Public Safety (Police, Fire and Dispatch costs) account for increases of $78,068 or 4.4%. This includes the latest Police Contract, the costs from Ramsey County for inclusion in the 911 Dispatch system for 2015 and the investment toward the new position of Regular, Part-Time Fire Chief as recommended in the 2012 Fire Study. -All other departments account for increases of $28,854 or 1.6%. 2) A 3% cost-of-living (COLA) increase for all city employees is included. Presently, we are unaware of what other cities surrounding us are doing for 2015 increases? We anticipate having this comparison information by the September 3rd City Council Workshop. 3) A 6% increase in health insurance expenses is included. Meeting Date August 6, 2014 Agenda Item Workshop 1 Attachment Draft 2015 General Fund Budget- Expenditures Submitted By Bart Fischer, City Administrator Families, Fields and Fair __________________________ As stated above, there are parts of the budget that are still undetermined, mainly the revenue side. It is staff’s goal to introduce the DRAFT 2015 General Fund Budget framework at this time and then present a more complete version at the September 3rd Workshop, which will be followed by preliminary levy approval on September 10th. Final adoption of the 2015 General Fund Budget is scheduled to take place at the December 10th City Council meeting. Budget Impact Dependent on eventual adoption of 2015 General Fund Budget Attachment(s) Draft 2015 General Fund Budget-Expenditures. Action(s) Requested No action required, but guidance on how to proceed will be beneficial as Staff continues to refine the Draft 2015 General Fund Budget. WORKSHOP ITEM The City That Soars! Item Capital Improvement Plan (CIP) Discussion Description City staff will present upcoming infrastructure needs including the following: • Street maintenance and rehabilitation • Sanitary Sewer Main maintenance • Storm Sewer improvements/Drainage issues Estimated costs will be provided so that financing methods can be discussed. Budget Impact Current funding sources for infrastructure projects include the Municipal State Aid Fund, Utility funds, General Funds, and Special Assessments. Meeting Date August 6, 2014 Agenda Item Workshop 2 Submitted By Kristine Giga, Civil Engineer Families, Fields and Fair __________________________