03-13-2023 City Council Packet - Laserfiche WebLink

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CITY COUNCIL WORK SESSION DRAFT 1 LINO LAKES CITY COUNCIL 1 WORK SESSION 2 MINUTES 3 4 DATE : February 6, 2023 5 TIME STARTED : 6:00 p.m. 6 TIME ENDED : 9:18 p.m. 7 MEMBERS PRESENT : Councilmembers Stoesz, Lyden, Ruhland, Cavegn, 8 Mayor Rafferty 9 MEMBERS ABSENT : 10 Staff members present: City Administrator Sarah Cotton; Finance Director/ City Clerk Hannah 11 Lynch; Community Development Director Michael Grochala; Human Resources and 12 Communications Manager Meg Sawyer; Environmental Coordinator Andrew Nelson; Director 13 of Public Safety John Swenson; Public Services Director Rick DeGardner 14 1. Advisory Board Interview 15 The Advisory Board Interview was cancelled. 16 2. Review Regular Agenda 17 Item 1 — Draft 2023-2027 Financial Plan — Finance Director/City Clerk Lynch gave a 18 summary of her written staff report noting the City has not had a 5-year financial plan since 19 2012. The plan is a guiding document for decision-making and will be updated on an annual 20 basis; many surrounding communities have a capital plan similar to this document. She shared 21 about pages 11 and 12 noting key highlights over the next five years include an increased tax 22 levy and tax rate. Ms. Lynch clarified the main contributors to the tax rate increase in the plan is 23 due to 2024-2025 street reconstruction, fire apparatus, and capital equipment replacement. She 24 explained that by accepting the plan the Council isn’t agreeing to purchase or fund all 25 components of the plan, it is just a guide to work through. Ms. Lynch walked the City Council 26 through a presentation noting projects and funding for 2024-2027 are not authorized until the 27 annual budget for those years comes before the City Council; however, everything in 2023 was 28 approved on December 12, 2022. The Councilmembers discussed tax base (including 29 commerical and residential growth assumptions), tax rates, tax increment financing (TIF), 30 County/State aid on projects, and potentially watermarking the document so the public 31 understands that it is not a final adopted budget for 2024-2028. Ms. Lynch shared about next 32 steps to accept the plan, solidify it, and roll it forward for 2024-2028. 33 Councilmember Lyden would like to sit down as a City Council to prioritize and talk about 34 priorities and how they align with the City’s five-year plan. 35 Mayor Rafferty would like to prioritize discussion on the air handling situation at City Hall and 36 the Public Works facility design. Ms. Lynch noted these two items could be discussed at a future 37 work session. 38 Ms. Cotton explained the City Council will see an updated version of this plan as the City works 39 through the 2024 budget process. 40