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Mounds View City Council September 12, 2005 <br />Regular Meeting Page 12 <br />• Councilmember Gunn indicated she supported 8% as a cap. <br />Mayor Marty stated he supported 8% as a cap. <br />Councilmember Stigney stated he thinks the levy should be at 5%. <br />Mayor Marty stated the cap would be set at 8% and it is the Council's responsibility to bring it <br />down. <br />Councilmember Stigney stated he would prefer to set the cap at 6% and then he would be assured <br />the cap would not be 8%. <br />MOTION/SECOND: Gunn/Thomas. To waive the reading and adopt Resolution 6615 <br />Authorizing Certification of the Proposed General Fund Budget and Property Tax Levy for Fiscal <br />Year 2006. <br />Councilmember Thomas congratulated Staff for getting the levy increase to 8%. <br />MOTION/SECOND: Stigney/Flaherty. To amend Resolution 6615 to change the levy increase <br />from an 8% cap to a 6% cap. <br />Councilmember. Thomas asked Councilmember Stigney if he has a recommendation on how that <br />reduction can be made. <br />Councilmember Stigney stated there is $3.5 million in the special projects account and he does <br />not want Medtronic money in next year's budget. He stated he supports 6% and believes the City <br />can make it and if we have to, we can use the special projects fund or community fund. Then, if <br />Medtronic money does come in, he would like it down to zero. Councilmember Stigney stated <br />the Council owes it to residents to establish a zero budget next year and the Council can do it <br />with Medtronic and do it with a 6% cap without Medtronic. <br />Councilmember Thomas noted there are restrictions on the special project dollars <br />City Administrator Ulrich explained the Council would have to identify an item in the general <br />fund, like aone-time expenditure, that could be funded from the special projects fund. He <br />advised that Staff has already reviewed that option to bring the levy down to 8%. <br />Mayor Marty stated the City has also indicated it wants to get the long range capital improvement <br />program going but there will not be enough money to address all of the items. He noted the <br />special projects fund might make more of them happen than just with the general fund budget. <br />He asked Public Works Director Lee if he sees even one-half of the long range plan projects <br />being funded. <br />• Public Works Director Lee stated the capital improvement program shows expenditures of the <br />