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COUNCIL MINUTES DECEMBER 20, 2004 APPROVED 97 98 Finance Director Rolek advised those reserves go to finance operations during the six months of the • 99 year the City does not have revenue. He stated the City's revenue comes in twice a year. He 100 indicated it also goes toward the stability of the City, and when Moody's and other rating services 101 look at the City that is one thing they look at critically. He stated Lino Lakes has traditionally been 102 solid in that statistic. He advised that concerning the added staff, 3 1/2 are funded by grants, and the 103 other 2 are a secretary in the Community Development Department, and a maintenance worker for the 104 Parks Department; both areas that are very stressed and growing. 105 106 Councilmember Carlson expressed that the discussion during their meetings was not to see what 107 could be pulled from the budget. She stated that concerning the COPS grant, the City is hiring three 108 permanent officers, but the COPS grant is only paying for three years. She noted that the budget is 109 going up 63% faster than the population. She asked where the funds are shown to repair the HVAC 110 system. 111 112 City Administrator Heitke indicated they are not in the budget, which is one reason the City always 113 tries to maintain reserves. 114 115 Mayor Bergeson noted that one of the most significant increases in the budget has to do with road 116 maintenance, which added $140,000. He stated this is a significant portion of the increase, but is the 117 responsible thing to do. 118 119 Motion carried. Vote: 3:2 Councilmembers Carlson and Dahl opposed. 120 *121 Councilmember Stoltz left the meeting at 6:43 p.m. 22 123 Resolution No. 04-190 can be found in the City Clerk's office. 124 125 C. Consideration of Resolution No. 04-191 Adopting the 2005 Water and Sewer Operating 126 Budget 127 128 Finance Director Rolek reviewed the Staff report, indicating Staff is recommending approval. 129 130 Councilmember Reinert moved to adopt Resolution No. 04-191 adopting the 2005 Water and Sewer 131 Operating Budget. Councilmember Carlson seconded the motion. 132 133 Motion carried unanimously. 134 135 Resolution No. 04-191 can be found in the City Clerk's office. 136 137 D. Consideration of Resolution No. 04-192 Adopting the 2005 Recreation Fund Budget 138 139 Finance Director Rolek reviewed the Staff report, indicating Staff is recommending approval. 140 141 Councilmember Carlson noted that all of the revenues in this fund are going down from their 2002 142 levels and asked if there was a reason this was happening. 143 • 3