12/17/2007 Council Minutes (2) - Laserfiche WebLink

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COUNCIL MINUTES December 17, 2007 APPROVED • 46 Application of Aquinas Roman Catholic Home Education 47 Services to conduct an excluded bingo event on 48 January 25, 2008 at St. Joseph's Church Approved 49 50 Resolution No. 07-212, Extending the Adoption Date for 51 the 2008-2012 Five Year Financial Plan Approved 52 53 54 FINANCE DEPARTMENT REPORT, AL ROLEK 55 56 Resolution No. 07-208 Adopting the 2007 Tax Levy Collectible in 2008 — Finance Director Rolek 57 noted that the council has reviewed the proposed 2008 budget at several meetings and held the Truth - 58 in -Taxation hearing on December 10, 2007. It is therefore appropriate for the council to consider 59 adoption and authorize certification of a final 2007 tax levy, collectable in 2008. Action is required 60 on or before December 28, 2007. 61 62 Council Member Stoltz moved to approve Resolution No. 07-208 as presented. Council Member 63 Carlson seconded the motion. Motion carried unanimously. 64 65 Resolution No. 07-209 Adopting the 2008 General Operating Budget — Finance Director Rolek 66 noted that it is appropriate for the council to adopt and authorize certification of a final 2008 General 67 Fund Budget. Action is required on or before December 28, 2007. The council has reviewed the IP68 proposed budget and a public hearing has been held. The budget provides for the tax rate to hold 69 steady for 2008. The budget provides resources for the City Council's priorities as well as a 70 contingency. 71 72 Council Member O'Donnell moved to approve Resolution No. 07-209 as presented. Council 73 Member Stoltz seconded the motion. Motion carried unanimously. 74 75 Resolution No. 07-210 adopting the 2008 Water and Sewer Operating Budget- Finance Director 76 Rolek noted the proposed 2008 water and sewer operating budget before the council. The city is in 77 the process of receiving the results of a rate study so there will be more discussion on that portion of 78 the budget in the coming year. The budget, as presented, is based on current rates. 79 80 Council Member Reinert moved to approve Resolution No. 07-210 as presented. Council Member 81 O'Donnell seconded the motion. Motion carried unanimously. 82 83 Resolution No. 07-211 Adopting the 2008 Recreation Fund Budget — Finance Director Rolek 84 noted that this budget was presented to the council in August and has not changed since that time. 85 This budget funds the recreation program for the city and is entirely funded through revenue 86 (recreation fees). The budget does recognize a surplus of about $25,000 for the year. The surplus 87 will remain in the fund for future operations, including possible capital purchases. 88 •89 Council Member Carlson moved to approve Resolution No. 07-211 as presented. Council Member 90 Stoltz seconded the motion. Motion approved unanimously. 2