09/11/2006 Council Packet - Laserfiche WebLink

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• • • AGENDA ITEM 2A STAFF ORIGINATOR Al Rolek MEETING DATE September 11, 2006 TOPIC Consideration Resolution 06 -142 adopting the proposed 2007 Operating Budget for the City of Lino Lakes VOTE REQUIRED Simple Majority Minnesota State Statutes require the City of Lino Lakes to adopt and certify a proposed operating budget on or before September 15th of each year. The main goals in preparing the budget were to maintain current service levels to our citizens, ensure each department has adequate resources to perform their functions, provide for local street and storm drainage system maintenance, provide for the replacement of worn equipment and maintain or lower the city's tax rate. The proposed budget addresses these goals by providing resources to implement Council goals representing the greatest needs of the community, adding a general street/environmental worker, adding new police captain position (without adding to the total compliment of officers) and continuing the process of phasing in funding for the capital equipment replacement program and street maintenance. The budget proposed for 2007 is $9,609,245, an 11.64% increase from the budget adopted for 2006. The state's reimplementation of the market value homestead credit aid for 2007 provides the city the opportunity to meet its growing needs for infrastructure maintenance and maintain municipal services at current levels. The City Council, after long discussions and a number of compromises, has crafted a budget that meets these needs and lowers the city's tax rate to our taxpayers. The departmental budgets within the proposed budget may be further reviewed by the City Council and staff between September 11th and December 11th, for changes, if needed. 1. Adopt Resolution 06 -142 adopting the proposed 2007 Operating Budget. 2. Refer back to staff for further review. Option 1 -44a-