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<br />2. Creating Operational Efficiency <br /> Contracted services for exploring alternative options for public safety services <br /> Open Gov Permitting Software <br /> Resiliency: Increased Staff Capacity <br /> Public Work Apprentice promoted to PW Maintenance <br /> Public Works Apprentice Position – Increased PW staff by one FTE <br /> Proposed Part-Time Customer Service Specialist <br /> <br />3. Maximize the City’s Assets to Catalyze Development <br /> TIF Loan Agreement – Twin Lakes Apartments Project <br /> Contractual Services for Market Analysis and Redevelopment <br />Debt Service Levy: <br />The City issued the 2014A Bonds for building the Public Works facility. These bonds contain a <br />levy component; however the City has been using the Water & Sewer Capital Replacement Fund <br />to pay the debt service on these bonds instead of the levy. A motion to waive the debt service <br />levy must be approved each year to acknowledge that the certified debt levy will be $0. <br /> <br />Bond <br />Issue <br />Original <br />Principal <br />Date <br />Issued <br />2023 Levy Portion <br />per Bond Register <br />Reduction in <br />Levy <br />2023 <br />Certified <br />Debt Levy <br />2014A <br />Bonds <br />$3,400,000 03-11-14 $182,568.75 ($182,568.75) $0 <br /> <br />Other Budgets: <br /> <br />Budgets for the Special Revenue Funds, Capital Project Funds, Debt Service Funds, TIF Funds, <br />Internal Service Fund, and Enterprise Funds are also included in the packet for council approval. <br /> <br />Summary Highlights: <br />• Special Revenue Funds <br /> The final recycling and disposal fees have been finalized for the Recycling & <br />Disposal Fund 203. The 2023 fees follow the 2022-2024 refuse & recycling <br />service contract. <br /> Housing Study & Trade Analysis moved to 2024 in the EDA fund 105. <br /> <br />• Capital Project Funds-Other <br /> The 2024-2033 Capital Improvement Plan Budget was approved on November <br />8th, 2023. <br /> <br />• Capital Projects-TIF <br /> Budgets updated according to TIF plans and anticipated activity <br /> <br />• Enterprise Funds