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Agenda Packets - 1980/08/14
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Agenda Packets - 1980/08/14
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4/23/2025 11:08:48 AM
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4/23/2025 11:08:47 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
8/14/1980
Description
Regular Meeting
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Long -Term. Financial Plan <br />Page 'Thirty -Three <br />The feasibility of a repair and betterment <br />t <br />account is being considered. such <br />would provide funding for repair and for <br />punanticipatedequipment andhence unbudgeteds whose <br />isneed <br />The City has been active and will continue to be <br />so in searching for and utilitizing various <br />Federal and State Grant Programs to lessen in <br />reliance on the property tax levy. <br />one area which the City has been active is in obtaining <br />manpower through the Minnesota mergenand the <br />Employment Development Program <br />Jobs Partnership Training Act (JPTA) and their <br />predecessors. These programs have provided the <br />City with additional manpower' in the following <br />areas, puulic Works Maintenance, Parks <br />Maintenance, Parks and Recreation Administration, <br />and General Administration. <br />An area in which the City has been successful in <br />obtaining grants -in -aids has been street <br />maintenance. Increased revenues for maintenance <br />of Minnesota State Aid (MSA) <br />streetsbe <br />obtained for 1984-1988. It is anticipated that <br />i^ the City will continue to receive increased <br />maintenance funds in the future. <br />other grants -in -aids received by the City <br />include: Civil Defense, Police Training and <br />Police and Fire StateAids to offset police and <br />fire department pension <br />Through these revenue sources the City seeks to <br />reduce reliance on property <br />tax Additionally, property taxes and all other <br />revenue sources are used tmeet thefinCcings goals <br />of achieving balanced budgetsY <br />current services with current revenues. <br />2, Utility Services <br />Current operations of the Water and Sewer <br />he <br />utilities should be financed entirely from t <br />fees charged the users of the facilities. User <br />fees should be established at a level sufficient <br />to provide for annual r-curring of <br />expenses, depreciation expenses, <br />bonded debt, and an allowance for emergency <br />repairs. This pay theirrfairasharerforfthe <br />services <br />utilities will pay <br />�.� received and will also maintain the financial <br />intearity of the Water and Sewer Fund. <br />
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