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MIN~PES <br />CITY COUNCIL <br />SEPTII~SBER 7, 1995 <br />The Administrator reported that the City's debt levy is <br />$551,720 which is consistent with our debt schedules <br />and our levy buy down program which was adopted last <br />year. <br />The Administrator reported that the CIP levy is $85,220 <br />and is consistent with the program the City has <br />established in previous years. <br />Fahey asked the use of the CIP Fund. <br />The Administrator reported that CIP funds are used for <br />replacement of public works equipment, office <br />equipment, for park development expenses, and fire <br />equipment which has not been part of the City~s <br />operating budget. <br />The Administrator further reported that the Water Fund <br />will see an increase of 2.37% in charges from St. Paul. <br />Therefore, a rate increase may be necessary. The Sewer <br />Fund will see a 7.7% decline in MCWSD charges. No <br />increase will be necessary to sewer rates. <br />The Administrator again pointed out that the City must <br />certify its preliminary levy to Ramsey County on <br />September 15th. The amount certified to the County can <br />be decreased for the final 1996 Budget, but it cannot <br />be increased. The Administrator also pointed out that <br />he anticipates that considerable time will be spent <br />over the next couple of months to refine the budget to <br />qet it as close to a Oo net levy increase as possible. <br />The Administrator next reviewed some areas which could <br />have a positive impact on the budget. The first is <br />using all or a portion of the 1995 projected surplus to <br />buy down the levy. That surplus is projected at <br />$14,764. However, this would be a one-time action <br />since once the money is spent it would have to be made <br />up in subsequent budget years or a further reduction in <br />General Fund reserves would have to be made. Another <br />consequence is that such action may not allow the City <br />to fully fund reserves for 1996. Therefore, this <br />option must be carefully considered. <br />The Administrator reported that expenses in the 1996 <br />Budqet are up $82,000 over 1995. While a good portion <br />of this increase is inflationary, the Sheriff's <br />Contract is up $18,000, the Fire Department is up <br />$5,000, Recreation Assistant position has increased <br />from quarter time to full time, the Administrative <br />Assistant's position from part time (90%) to full time. <br />Another added cost is the 1996 Elections at just over <br />2 <br />