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08-08-2022 Council Work Session Packet Special
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08-08-2022 Council Work Session Packet Special
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8/3/2022 4:02:56 PM
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City Council
Council Document Type
Council Packet
Meeting Date
08/08/2022
Council Meeting Type
Work Session Special
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<br />Blue Heron Days <br /> <br />The Blue Heron Days Fund currently has enough reserves to continue the event in 2023. <br />If levy dollars are needed in the future a budget will be provided along with a request for <br />funds. <br /> <br />Capital Equipment Replacement <br /> <br />In recent years the City has been moving away from issuing Certificates of Indebtedness <br />for Public Safety/Fleet capital equipment and instead utilizes a Pay-As-You-Go <br />approach. The Capital Equipment Replacement levy provides budget flexibility in that <br />the amount can be adjusted in line with needs and budget circumstances in the current <br />year. An increase in the levy of $175,000 is requested, bringing the total capital <br />equipment levy to $325,000. The following items will be funded with the levy and <br />Capital Equipment Replacement fund reserves: <br /> <br /> 4 Police Response Vehicles <br /> John Deere Tractor <br /> One Ton Truck w/ Dump Box and Plow <br /> Zero Turn Mower <br /> Dump Truck w/ Plow <br /> <br />When considering both Certificates of Indebtedness and the Capital Equipment <br />Replacement levy, total capital funding has totaled: <br /> <br /> 2019: $607,284 <br /> 2020: $572,788 <br /> 2021: $352,286 <br /> 2022: $395,535 <br /> 2023: $431,299 <br /> <br />Street Maintenance <br /> <br />The Street Maintenance Levy has increased $78,222 or 10%. The $860,446 levy will be <br />used in combination with $125,000 from the Water Fund to complete a street <br />preservation project in line with the City’s Pavement Management Plan. <br /> <br />The 2018 Pavement Management Plan recommended increasing preservation funding <br />from 5% to 10% annually. Increased funding will increase the annual project scope and <br />is predicted to improve the overall condition rating of city streets. The City Council <br />increased funding by 5% in 2020, 7.5% in 2021, and 10.0% in 2022. A slow decline in <br />the overall condition rating is predicted in future years with an increase of less than 10%. <br /> <br />Park and Trail Improvements <br /> <br />A levy of $90,000 is requested, an increase of $15,000 from 2022, but in line with 2019 <br />and 2020 funding. Prior year funding was obtained through a $60,000 levy combined
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