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COUNCIL MINUTES December 9, 2013 <br />DRAFT <br />2 <br /> 46 <br />Resolution No. 13 -128, Authorizing an Interfund Loan 47 <br />from the Sanitary Sewer Fund to the 2005A G.O. 48 <br />Improvement Debt Service Fund A pproved 49 <br /> 50 <br />Resolution No. 13 -129, Authorizing the Transfer of Funds 51 <br />From the Area and Unit Fund to the 2012A G.O. 52 <br />Improvement Bond Debt Service Fund Approved 53 <br /> 54 <br />Resolution No. 13 -136, Amending the City of Lino Lakes 55 <br />Flexible Spending Accounts Plan Approv ed 56 <br /> 57 <br />Approval of Personnel Policy Revisions Approved 58 <br /> 59 <br />Resolution No. 13 -138, Approving Transfers for Partial 60 <br />Installment Payment on Interfund Loan for Recreation 61 <br />Complex Land Approved 62 <br /> 63 <br />November 18, 2013 Special Council Session Minutes Approved 64 <br /> 65 <br />Nove mber 25, 2013 Liquor Compliance Hrg. Minutes Approved 66 <br /> 67 <br />Approval of Charter Commission Expenditures for 68 <br />Secretarial Services Approved 69 <br /> 70 <br />FINANCE DEPARTMENT REPORT 71 <br /> 72 <br />2A) Public Hearing – 2013 -14 Property Tax Levy and 2014 Budget 73 <br /> 74 <br /> i) Resolution No. 13 -13 0, Adopting the Final 2013 Tax Levy Collectible in 2014 ; 75 <br /> ii) Resolution No. 13 -131 , Adopting the Final 2014 General Operating Budget; 76 <br /> iii) Resolution No. 13 -132 , Adopting the 2014 Water and Sewer Operating Budget ;77 <br /> iv) Resolution No. 13 -133 , Adopting th e 2014 Recreation Fund Budget ; 78 <br /> 79 <br />Finance Director Rolek gav e a PowerPoint presentation re viewing the proposed city budget and levy 80 <br />for 2014 (PowerPoint on file). He highlighted that the proposed levy is more than one million dollars 81 <br />below the state levy l imit and it includes a voter approved levy for improvements to two intersections. 82 <br />Property values have decreased somewhat but the levy rate will also be decreased. Other items 83 <br />highlight ed : distribution of taxes, how taxes are computed, and the ranking of the city’s tax rate 84 <br />among municipalities in Anoka County . In reviewing the proposed 2014 general operating budget, 85 <br />Mr. Rolek highlighted the council process used to establish a budget, factors included in shaping a 86 <br />city budget, a sales tax exemption t hat will save money for the city in 2014, a comparison of this 87 <br />year’s budget to past years , revenues anticipated in 2014, expenditures proposed for 2014 and the 88 <br />status of the city’s utility (water and sewer) funds. 89 <br /> 90