09-07-95 Council Workshop Minutes

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MINU'PES CITY COUNCIL SEPTII'4BER 7, 1995 RECESS At this point in the workshop, 9:23 P.M., Council took a short recess. The meeting was reconvened at 9:30 P.M. The Administrator reported that based discussion, $8,200 in reductions have preliminary 1996 Budget. In order to net levy increase, a total of $13,400 must be made. To achieve 3.0~, a tot be made. on Council been made in the achieve a 3.5~ in reductions ~1 of $19,500 must Fahey stated that he would like to have the Truth In Taxation notices reflect a 3.0% net levy increase. Scalze and LaValle agreed. Fahey pointed out that that number can be certified to the County, and the Council will then have to fine-tune the budget further over the next couple of months to achieve that goal. Morelan asked if the 3.0% was attainable. The Administrator pointed out that an additional $11,310 will have to be cut from the budget to reach the 3.0% increase. The Administrator pointed out that the Council has just reviewed the partial list of expense cuts or revenue increases which could be made, and there could be more items added to this list. There may also be some other options available as the numbers are more refined. The Administrator felt that the 3.0% increase was attainable, but pointed out it will take some work. Fahey pointed out that last year the City certified a preliminary budget with a 3.0% net levy increase. The final budget ended up with a Oo net levy increase. The Administrator pointed out that some unique things were done last year to achieve the 0% increase. Some options available to the City have long-term consequences. Fahey pointed out that the City has the option of using reserves to achieve the 3% increase. Morelan did not believe this was an option pointing out that when those dollars are used they are lost and the amount must be made up next year. 11