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48 CITY COUNCIL WORK SESSION October 6, 2014 <br />49 DRAFT <br />50 <br />51 Mayor Reinert asked that staff continue to bring information to the council as EDAC <br />52 moves forward with plans. <br />53 <br />54 3. 2015 Budget — Fund Reserves- Administrator Karlson remarked that staff is <br />55 following up on the council request for more information on the history of the city's cash <br />56 reserves. Finance Director Rolek was not present for the meeting but had prepared a <br />57 listing and status of the reserve funds. Mr. Karlson pointed out that the Closed Bond <br />58 Fund is the only fund noted that isn't dedicated and/or closed. <br />59 <br />60 Mayor Reinert noted that there will be capital costs related to the start-up of the city fire <br />61 department; those costs will be one-time, one-year costs. He wonders about the use of <br />62 bond funds to cover those expenses. Mr. Karlson explained that the funds in question are <br />63 normally used to front-end capital projects, not to bring down the tax levy. Council <br />64 Member Roeser added that he supports the concept of paying for capital items over time <br />65 because otherwise the city taxpayer at the front end pays the full cost even though they <br />66 may not benefit further down in the life of the asset. <br />67 <br />68 Mayor Reinert suggested that the report brings forward much information to absorb. He <br />69 recommends that the council continue studying the information and have more discussion <br />70 at a future meeting. He added that the Water and Sewer Enterprise fund has gone up $4 <br />71 million in the last four years. Mr. Grochala explained that those are user fees in the fund <br />72 and they are kept in reserve to support the city's system — a system that is valued at many <br />73 millions of dollars. Generally the money is there for future replacement needs. <br />74 <br />75 4. Monthly Progress Report- Administrator Karlson reviewed his written report. <br />76 He noted, regarding the city's digital scanning project, that staff will be bringing forward <br />77 a request for extension of the part-time temporary scanner positions. <br />78 <br />79 Council Member Roeser asked for an update on lands and buildings owned by the city. <br />80 Staff will report in the future. <br />81 <br />82 5. Review Regular Agenda of October 13, 2014- Items were reviewed with staff; <br />83 there were no changes to the agenda. <br />84 <br />85 The meeting was adjourned at 8:05 p.m. <br />86 <br />87 These minutes were considered, corrected and approved at the regular Council meeting held <br />88 on October 27, 2014. <br />89 <br />90 <br />91 <br />92 <br />93 Julianne Bartell, City Clerk Jeff Reinert, Mayor <br />94 <br />