10-12-2016 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL OCTOBER 12, 2016 CONSENT Montour introduced the following resolution and moved its adoption: AGENDA RESOLUTION NO. 2016-10-169 — APPROVING THE CONSENT AGENDA WHICH CONTAINS THE FOLLOWING: *APPROVAL OF THE VOUCHERS *APPOINT ELECTION JUDGES AND ABSENTEE BALLOT BOARD FOR THE GENERAL ELECTION ONNOVEMBER 8, 2016 *AUTHORIZE SUBMISSION OF 2017 RAMSEY COUNTY SCORE GRANT APPLICATION *APPROVE TEMPORARY LIQUOR LICENSE FOR LITTLE CANADA RECREATIONASSOCATION OCTOBER 22, 2016 EVENT *APPROVE PARTIAL PAYMENT #1 FOR T.A. SCHIFSKY FOR 2016 STREET IMPROVEMENTS *APPROVE PURCHASE OF REPLACEMENT DECKING FOR GER VATS MILL PARK BRIDGES The foregoing resolution was duly seconded by Fischer. Ayes (5). Nays (0). Resolution declared adopted. 2017 BUDGET The City Administrator stated that there are seven proposed Capital DISCUSSION — Improvement Funds that make up the 2017 proposed budget. He explained REVIEW the General Capital Improvement Fund #400 is the day-to-day capital CAPITAL improvement fund that covers items such as office equipment, public works IMPROVEMENT vehicles, mowers, fire equipment (not trucks), and park improvements. He FUNDS stated that the primary sources of revenue for this fund are the General Fund excess surplus transfer and Local Government Aid. He explained that the Parks & Recreation Commission are working on their capital improvement list. The City Administrator stated that the 10% Gambling Fund #408 receives revenue from the 10% tax on net profits the City charges the charitable gaining licensees. He explained that at end of 2016 there will be around $100,000 in this fund and another $20,000 is projected by the end of 2017. He suggested this be used on playground improvements since that is one of the few things the money can be used for. The City Administrator explained that the Infrastructure Replacement Fund #450 pays for streets reconstruction and rehabilitation including storm sewer costs, along with some trail and sidewalk projects. He stated staff tries to maintain a decent fund balance here as a safeguard if any special projects come up. The primary sources of funding include a tax levy, the franchise fee on electric service, and special assessments.