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HomeMy WebLinkAbout2021-009 Council ResolutionCITY OF LINO LAKES RESOLUTION NO. 21-09 RESOLUTION AMENDING THE 2021 CHARTER COMMISSION BUDGET WHEREAS, the City Council has adopted a general operating budget for 2021, and WHEREAS, the City Council may authorize the transfer of unencumbered appropriations to other purposes, and WHEREAS, effective August 1, 2020, Minnesota Statutes § 410.06 was amended to increase the limit on annual charter commission expenses required to be reimbursed by the city, and WHEREAS, the Charter Commission is requesting a budget amendment to allocate contingency funds, and NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes, that the general operating budget for 2021 be amended as follows: EXPENDITURES Adopted Amended Adjustment Account Number Description Budget Budget Amount 101-405-4300-999 Professional Services - Charter Comm 1,500.00 6,462.00 4,962.00 101-499-4905-000 Contingency 75,000.00 70,038.00 -4,962.00 Adopted by the Council of the City of Lino Lakes this 8th day of February, 2021. The motion for the adoption of the foregoing resolution was introduced by Council Member Cavegn and was duly seconded by Council Member Lyden and upon vote being taken thereon, the following voted in favor thereof: Stoesz, Lyden, Cavegn, Rafferty The following voted against same: None (Absent - Ruhland) ATTEST: nne Bartell, C. , Cle ♦ Rob afferty, Mayor STAFF ORIGINATOR: MEETING DATE: TOPIC: VOTE REQUIRED: CITY COUNCIL AGENDA ITEM 1D Hannah Lynch, Finance Director February 8, 2021 Consider Resolution No. 21-09, Amending the 2021 Charter Commission Budget 3/5 BACKGROUND Minnesota Statutes § 410.06 provides that cities shall pay for reasonable and necessary charter commission expenses. The 2021 City of Lino Lakes adopted budget includes line items of $1,500 for charter commission direct expenses and $1,000 for expenses related to minute taking for commissions meetings. Effective August 1, 2020, Minnesota Statutes § 410.06 was amended to increase the limit on annual charter commission expenses required to be reimbursed by the city. Under the new law, the charter commission reimbursable expense limit is a sliding schedule calculated as .07% of the city's current certified general property tax levy with a minimum of $1,500 and a maximum of $20,000. Prior to this law change the limit was set at $1,500. Under the new law and based on a 2021 General Operating Levy of $9,232,367, the amount of charter commission expenses that would be required to be reimbursed by the city is $6,462.00. The Lino Lakes Charter Commission is requesting council consideration of a budget amendment to allocate $4,962.00 of contingency funds towards charter commission direct expenditures. It should be noted that any funds allocated and not expended would but reflected in the city's General Fund fund balance at year-end. RECOMMENDATION Staff recommends the approval of Resolution No. 21-09, Amending the 2021 Charter Commission Budget ATTACHMENTS Resolution No. 21-09