12/18/2006 Council Minutes (3) - Laserfiche WebLink

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COUNCIL MINUTES DECEMBER 18, 2006 APPROVED • 1 Council Member O'Donnell moved to close the public hearing at 7:00 p.m. Council Member Stoltz 2 seconded the motion. Motion carried unanimously. 3 4 Council Member Stoltz moved to approve Resolution No. 06-207, as presented. Council Member 5 O'Donnell seconded the motion. Motion carried with Council Member Carlson voting no. 6 7 Consideration of Resolution No. 06-213, Adopting a General Timeline for the Preparation, 8 Submission and Adoption of the Five Year Financial Plan, Al Rolek — Finance Director Rolek 9 advised Resolution 06-213 outlines the staff recommendations for establishing the Council's desired 10 timeline for the preparation, submission and annual adoption of the Five Year Plan. 11 12 Council Member Reinert moved to approve Resolution No. 06-213, as presented. Council Member 13 Carlson seconded the motion. Motion carried unanimously. 14 15 Consideration of Resolution No. 06-208, Adopting the 2006 Tax Levy Collectible in 2007, Al 16 Rolek — Finance Director Rolek advised the final 2006 Tax Levy, collectible in 2007, includes dollars 17 for the general operating budget as well as dollars for special levies for tax abatement and general 18 bonded debt. The levy provides resources for salary and wage adjustments, capital outlay and 19 equipment replacement, street and storm drainage maintenance and a contingency for unforeseen 20 emergencies. The levy is reduced from the amount proposed and adopted in September of this year 21 due to the refinancing of the Civic Center bond issue. S22 23 Council Member O'Donnell moved to approve Resolution No. 06-208, as presented. Council 24 Member Stoltz seconded the motion. Motion carried with Council Member Carlson voting no. 25 26 Consideration of Resolution No. 06-209, Adopting the 2007 General Operating Budget, Al 27 Rolek — Finance Director Rolek advised the final 2007 budget represents an 11.37% increase over the 28 same period. The City's levy for 2007 will increase by 6.01%. The budget provides resources for 29 Council priorities, additional staff position, salary and wage adjustments, capital outlay and 30 equipment replacement, street and storm drainage maintenance and repair and a contingency for 31 unforeseen circumstances. 32 33 Council Member Reinert moved to approve Resolution No. 06-209, as presented. Council Member 34 O'Donnell seconded the motion. Motion carried with Council Member Carlson voting no. 35 36 Consideration of Resolution No. 06-210, Adopting the 2007 Water and Sewer Operating 37 Budget, Al Rolek — Finance Director Rolek advised the City Council reviewed the proposed 2007 38 Water and Sewer Operating Budgets at their Budget work session held August 21, 2006. The budgets 39 include the cost of depreciation of infrastructure as an expense, and recovery of this cost is 40 incorporated into the utility rate structure. 41 42 Council Member Stoltz moved to approve Resolution No. 06-210, as presented. Council Member 43 Reinert seconded the motion. Motion carried unanimously. 44 3