09-23-2019 Council Packet - Laserfiche WebLink

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CITY COUNCIL WORK SESSION DRAFT 4 surplus in previous years is a contributor to the gap situation. While expenditures are up 136 2.9 percent, the use of reserves/surplus and debt service are the primary drivers of the 137 proposed increase. 138 139 Council Member Manthey asked if the proposed budget has any impact on the next year. 140 Would there be another large increase anticipated? Ms. Cotton noted there isn’t a large 141 debt service coming on; covering any surplus use would be a driver. She noted that the 142 council should plan on considering the preliminary levy approval at the second council 143 meeting in September. 144 145 Mayor Reinert noted how much the City has come down through discussions. The 146 mayor discussed the amount of reduction it would require to bring the General Fund 147 increase to zero. Ms. Cotton explained that most of what remains are planned salary and 148 health insurance increases. The contingency remaining in 2019, barring unforeseen 149 expenses to that, is $40,000 but there is nothing to cover the rest of the year if that is 150 taken. The mayor said he’d be comfortable using that. 151 152 Mayor Reinert suggested utilizing additional Closed Bond Funds in the amount of 153 $250,000. He requested that staff prepare that in writing and send it out to the council 154 for review. That should include information on anticipated future funds to the Closed 155 Bond Fund. 156 157 Staff will put together options to get to the $320,000. 158 159 Council Member Maher suggested setting up a time when the City Finance Director can 160 meet directly (or share by video) budget information with the public. 161 162 The council will have the opportunity to review information that will be sent out. The 163 council will schedule a special budget session after the council meeting on September 9. 164 165 Finance Director Cotton noted the idea of issuing capital equipment certificates when the 166 budget receives preliminary approval. Mayor Reinert suggested that’s also a topic of 167 discussion for September 9th. 168 169 6. Council Updates on Boards/Commissions, City Council 170 171 7. Monthly Progress Report - Administrator Karlson provided an update on plans to 172 fill vacant positions in the Public Safety Department. 173 174 8. Review Regular Agenda 175 176 The council requested that Item 1F be moved to discussion (Administration) in support of 177 additional attention for the Hope Fest. 178 179 Item 6A, Otter Lake Animal Care Facility - City Planner Larsen explained that the request 180