Laserfiche WebLink
CITY COUNCIL WORK SESSION December 3, 2012 <br /> APPROVED <br /> 135 members want more information. The forecast has been retooled and represents an <br /> 136 increase of just over fifteen percent. Much of the forecast is tied to property values in the <br /> 137 city, with only 2013 values set at this point. The county assessor has reported that values <br /> 138 are firming up but still there is a contraction over the five year period of about two <br /> 139 percent. He distributed information on capital outlay and reviewed the five year plan for <br /> 140 those funds. There was discussion about the debt financing versus paying up front for <br /> 141 capital equipment purchases. He reviewed the Five-Year General Fund Plan Summary <br /> 142 and impacts on the general fund and possible tax levies, as well as projected tax capacity <br /> 143 rates, general fund revenues and expenditures. The council discussed possible impacts <br /> 144 of emerald ash borer and staff was directed to look at what impacted cities are doing or <br /> 145 preparing to do. The mayor suggested that as council members continue to review the <br /> 146 forecast on their own,they should direct their questions to Mr. Rolek. The council <br /> 147 anticipates more discussion in January. <br /> 148 <br /> 149 Review Regular Council Agenda—The council reviewed the council agenda; there were <br /> 150 no changes. <br /> 151 <br /> 152 There were no other changes to the regular Council agenda. <br /> 153 <br /> 154 The meeting was adjourned at 9:20 p.m. <br /> 155 <br /> 156 These minutes were considered, corrected and approved at the regular Council meeting held on <br /> 157 January 14, 2013. — - <br /> 158 <br /> `- 159 <br /> 161 ti �-' <br /> 162 Ju1i e Bartell, City lerk Jeff 'ei ert, Mayor <br /> 163 <br /> 4 <br />