08/13/2003 Council Minutes - Laserfiche WebLink

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CITY COUNCIL WORK SESSION AUGUST 13, 2003 APPROVED 1 Tax Levy / Tax Rate / Tax Impact — Finance Director Rolek stated the proposed levy • 2 would be $5,509,147 and this figure does not include tax abatement and the debt levy, 3 which are both outside levy limit restrictions. The total proposed levy would be 4 $6,550,620, which will be a 6.96 percent increase from last year. The increase makes up 5 for the loss of state aid. The increase in tax capacity, which has grown over 17 percent 6 because of Target and Kohl's, means the tax rate will go down, despite the 6.96% levy 7 increase. 8 9 Capital Equipment / Use of Certificates of Indebtedness — Finance Director Rolek stated 10 $271,000 in certificates are proposed to be issued for capital equipment for police, fire 11 and fleet. 12 13 REVENUE PROJECTIONS (AL ROLEK) 14 15 Finance Director Rolek explained the Market Value Homestead Credit and Local 16 Government Aid will be zero for 2004. MSA and Police Aid funds will remain intact. He 17 stated the City has not heard about the COPS Grant as of today and license and permit 18 fees will be about the same as last year. Also, staff is looking into more charges for 19 services such as streetlight and gas meter fees. 20 21 City Administrator Waite Smith explained the City received a letter from Centennial 22 Utilities regarding franchise fees. She stated this item would be discussed further at the 23 next City Council work session. 24 • 25 COMMUNITY DEVELOPMENT (MIKE GROCHALA) 26 27 Community Development Director Grochala reviewed the proposed 2004 budget for 28 Community Development. 29 30 Economic Development — Community Development Director Grochala stated the 31 proposed Economic Development budget would be down 12 percent because of less use 32 of contracted services. 33 34 Building Inspections — Community Development Director Grochala stated this item is 35 proposed to be about the same with a .06 percent increase due to personnel services and a 36 decrease in expenditures. 37 38 Engineering — Community Development Director Grochala stated this item is proposed to 39 decrease by $10,000 due to a new lump sum billing by the consultant. 40 41 City Administrator Waite Smith explained the analysis of contract engineering services 42 and recommendation for Year 2004. Staff prepared an estimate to establish an in-house 43 staff of five people. She stated this estimate reflects what TKDA currently does on 44 contract. She further explained the City may be able to further recoup money in-house by 45 charging for plan reviews and escrows. She reviewed the recommendation, which was to 46 continue the TKDA contract throughout 2004; include an in-house City Engineer in the 47 2005 budget at $106,000; continue with TKDA on a reduced contract in 2005 to provide • 48 a transition period; hire the in-house City Engineer the first quarter of 2005; include the