09/11/1997 Council Minutes - Laserfiche WebLink

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• • • BUDGET WORK SESSION SEPTEMBER 11, 1997 CITY OF LINO LAKES MINUTES DATE September 11, 1997 TIME STARTED 5:45 p.m. TIME ENDED 5:57 p.m. MEMBERS PRESENT Council Members Bergeson and Kuether and Mayor Landers MEMBERS ABSENT Council Members Lyden and Neal Staff members present: Finance Director, Mary Vaske; City Administrator, Randy Schumacher and Clerk -Treasurer Marilyn Anderson. The purpose of the meeting was to review the 1998 General Fund Budget. Ms. Vaske noted that a preliminary budget and a preliminary levy w Monday, September 8th. The budget did not include provision, the new civic buildings. She presented revised informatio enough money in TIP funds to cover the 1998 paymf d on ent for at there was er bonds. Mr. Schumacher noted that Anoka Count wi erty values a total of 5% for taxes payable in 1998. This will rlevy revenue for the City. However, if the City Council w ; r • e 1998, the proposed budget will need additional refinement. He I. t xception of $250,000 needed to pay the first installment on thee civic complex, all other items in the budget remained at the le Ms. Vaske presen ) revised resolutions to correct the 1998 General Fund Budget and the 1997 Tax vy, Collectable in 1998. Council Member Kuether moved to adopt Resolution No. 97 - 116A as presented. Council Member Bergeson seconded the motion. Motion carried unanimously. Council Member Bergeson moved to adopt Resolution No. 97 - 117A as presented. Council Member Kuether seconded the motion. Motion carried unanimously. Resolution Nos. 97 - 116A and 97 - 117A can be found attached to these minutes. Mr. Schumacher explained that the City received the State's revised figures for the 1998 levy limit and state aid. The 1998 Budget will be updated using the revised figures. Council Member Kuether asked if she could be covered under the City's health insurance program. Ms. Vaske explained that she could. PAGE 1