02-01-1993 WS - Laserfiche WebLink

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STAFF REPORT FEBRUARY 1, 1993 COUNCIL WORK SESSION Recycling activities are accounted for in the Recycling Fund. A SCORE grant which the City receives from Ramsey County pays the salary of the Recycling Coordinator and supplies needed in overseeing recycling activities within the City and promotional activities to encourage greater efforts in recycling by residents. The proposed 1993 Recycling Fund budget is $ 25,785. Revenues the City will receive from a franchise fee on gas and electric service is proposed to be accounted for in the Gas & Electric Franchise Fee Fund. Anticipated 1993 revenues of the fund are $207,960. Upon adoption of the 1993 General Fund Budget the Council approved $147,960 of the franchise fee be used to pay for General Fund activities. The balance of the revenue expected for 1993, $60,319, has not been appropriated for any specific purpose. The Council may designate a use for these monies at any time in the future. The 1993 Budget of the Park Improvement Fund was discussed when the LTFP was considered as proposed 1993 expenditures are capital outlays for equipment at Silver View Park. The Fund's proposed 1993 budget is $10,100. The Fund's revenue is park dedication fees paid by developers. Presently fees from the Mounds View Business Park project are being paid to the City on an installment basis per the Development Agreement of the project. The Storm Water Management Fund accounts for storm water fees charged to persons developing land within the City. The proposed 1993 budget of the fund of $36,302 is for 1993 maintenance of the City's storm drainage facilities. This budget was discussed at the time the Public Works Department budgets were discussed. Installation and maintenance of street lights within the City is accounted for in the Street Light Utility Fund. Residents and businesses pay a fee to the City for street lights. The proposed 1993 budget for the fund is the 1993 portion of the five year budget for the utility which was presented during consideration of the Ordinance which created the utility. Estimated 1993 revenues of $75,363 will be sufficient to offset estimated expenses of $72,675. The excess of revenues over expenses of $2,688 expected for 1993 will remain in the fund and may be used to help finance future budgets. No change in rates is planned for 1993.